Bullions:
Bullion counter can witness range bound movement amid mixed fundamentals as investors will await the US GDP figures scheduled today. Gold can trade in range of 31,100-31,500 while Silver can trade in range of 61,800-63,000 in near term.
Base Metals:
Base metals may also trade in range with some profit booking at higher levels cannot be denied due to euro zone concerns. Copper can trade in range of 438-446 in MCX while Lead can trade in range of 120-123 in MCX. Nickel can move in range of 950-985 in MCX while aluminium may move in range of 108.5-110.50 in MCX.
Energy:
Selling pressure to persist in Crude oil and its prices can test 4,750 in MCX in near term. Natural gas may trade in range of 168-175 in MCX as investors will eye the weekly natural gas report scheduled today.
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