Bullions: Bullion counter can witness more profit booking on domestic bourses tracking weak overseas cues but today weaker local currency rupee can cap the downside. Gold can trade in range of 31,000-31,400 while Silver can trade in range of 62,200-63,200 in near term.
Base Metals: Base metals may also trade with weak bias due to euro zone debt crises especially Spain banks concerns. Copper can trade in range of 437-442 in MCX while Lead can trade in range of 117.50-120 in MCX. Nickel can move in range of 968-980 in MCX while aluminium may move in range of 109-112 in MCX.
Energy: Crude oil counter can open in red and can test 4,840 in MCX. Natural gas may remain on firm note amid weather concerns and can test 180 in MCX.
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