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30-11-2023 06:10 PM | Source: Geojit Financial Services
Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 30 November 2023 By Geojit Financial Services Ltd

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Gold

It is required to break and sustain above Rs 62600 to extend rallies. Else corrective selloffs are expected the day.

 

Silver

If unable to sustain above Rs 77500 there are chances of corrective selling pressure for the day

 

ENERGY

Crude Oil

Choppy trading expected the day initially. However, consistent trades above Rs 6500 may extend rallies.

 

Natural Gas

Prices may weaken further if prices dip below 229 region. Holding the same support can induce mild rebounds.

 

BASE METALS

Copper

Prices may appear firmer only above Rs 725. Else, corrective dips may witness below this level.

 

Nickel

Thin volume trades seen

 

Zinc

Extended dip below 224.60 may weaken the prices. Rebound may sustain above 227 region.

 

BASE METALS

Lead

Weakness expected to continue as long as trades sustain below 186.70

 

Aluminium

Prices remain choppy inside at tight range of Rs 202—206 levels and breaking any of the sides would suggest fresh directional moves.

 

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