Commodity Market News|Gold Silver Zinc Nickel Crude Tips Trend:
With positive global cues from Germany gold on wedbesday closed 3% lower as investors sold the gold and bought it. Before settling off the day's lows, both the spot price of gold and US gold futures fell below USD 1,800 an ounce. On the other hand crude gains near 4% .
MCX Tips:
SILVER-Long Silver December Contract in the range of Rs 64,200-64,300. with target at Rs 64,900 and Rs 65,800.
CRUDE-Buy on Crude Oil between Rs 4,000-4,025 with a stop loss of Rs 3,970 for a target of 4,080.
ZINC-Buy MCX Zinc Contract at Rs 101.20 with a stop loss at Rs 99.70 and a target in the range of Rs 103.50-104.
NICKEL-Long Nickel between Rs 995-998 with a stop loss below Rs 998.
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