Precious metals (Gold and Silver) prices are trading higher on MCX today. We expect a further rise in the prices of precious metals on account of the money pumped up by various central banks of the globe.
All base metals prices are trading higher on international bourses today. We do not expect any major rise in the prices of industrial metals on account of weak manufacturing data from major economies of the world.
Crude oil prices are trading higher on MCX today. We do not expect any major rise in the prices of crude oil on account of weak demand expectation from China and US. Selling on rise is recommended for the day.
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