Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 17 April 2023 By Geojit Financial
BULLION
GOLD
Prices may further gain strength above 61100 region. Else, range bound trades may be seen in the intraday. Weakness may seen only below 60000.
Silver
Prices may strengthen further above 76600 in the intraday. Weakness expected only below 75000
ENERGY
Crude Oil
Further gains expected only above 6820 region. Weakness may be seen if prices dip below the 6660.
Natural Gas
Prices may strengthen above 185 region. Weakness expected below 174 region.
BASE METALS
Copper
Rebound may sustain above 792.60 region, while dip below 777 may weaken prices.
Nickel
Thin volume trades seen.
Zinc
Extended gains above 252.10 region may strengthen the prices. Whereas, dip below 249.60 region.
BASE METALS
Lead
Rebound may sustain above 184.90. Weakness expected below 181.30.
Aluminium
Extended gains above 209.20 may strengthened the prices. Dip below 206 may induce intraday weakness.
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