01-01-1970 12:00 AM | Source: Swastika Investmart Ltd
SILVERM witnessed a sharp selling pressure in second half due to uncertain global cues - Swastika Investmart
News By Tags | #473 #2911

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DAILY COMMODITY MARKET UPDATES

NEWS IN HEADLINE

* Gold hits 3-mth high as Poland missile strike spurs safe haven demand

* Oil inventories drop by more than expected 5.8M barrels last week: API

* German Bundesrat clears state relief on gas prices

CHART OF THE DAY

SILVERM: SILVERM witnessed a sharp selling pressure in second half due to uncertain global cues , however 61800 is an immediate support level. On the upside 62000 is immediate resistance level. While above 62000 lead further strength towards 62200-62300 zone.

OUTLOOK:

* Bullion: Day trend is indicating to Uptrend in Gold &Silver.

* Energy: Day trend is indicating Downtrend in Crude oil & Natural gas

* Base metals: Day trend is indicating Sideways in all base metals.

 

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