Bullion counter can trade in thin range. Gold can trade in range of 31,750-32,100 while silver can trade in range of 62,800-64,000. Base metals may remain sideways in range. Copper can trade in range of 448-456 while Lead can trade in range of 116-117.50 in MCX. Nickel can move in range of 910-928 in MCX while aluminium may move in range of 113.50-114.50 in MCX. Crude oil prices can trade on mixed path in range of 5,300-5,400 in MCX.
Precious metals (Gold and Silver) prices are trading little changed on MCX today. All base metals prices are trading little changed on international bourses today. Crude oil prices are trading higher on MCX today. We expect prices to trade in a narrow range.
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