Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 3 March 2023 By Geojit Financial
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BULLION
Gold
Steady rebound above 56400 may strengthen prices for the day. Weakness may continue if prices dip below 55450.
Silver
Weakness expected to continue if trades sustain below 64800 region. However, a rebound above same level may strengthen prices.
ENERGY
Crude Oil
Extended gains above 6450 may strengthen the prices. A dip below 6300 may weaken the prices as well.
Natural Gas
Prices expected to remain firm above 232 region. Weakness may be seen if prices dip below 225 region.
BASE METALS
Copper
Range bound trades expected in the intraday. Dip below 763.10 may further weaken prices.
Nickel
Thin volume trades seen.
Zinc
Rebound above 274.60 may strengthen prices further. Whereas, dip below 269.10 may weaken the prices as well.
Lead
Prices expected to trade range bound in the intraday. Rebounds may sustain only above 185.20.
Aluminium
Rise above 211.20 may strengthen prices further. Slip below 209.50 may induce weakness.
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