Taking cues from rise in gold prices coupled with upside in base metals, spot silver gained sharply by more than 1 percent in yesterday’s trading session. The white metal touched an intra-day high of $33.66/oz and ended its trading session at the level of $33.6/oz on Monday.
Copper Updates
Base Metal King Copper also shows upper trend & here Copper may go for more high. We clearly suggest that copper can be buy at higher level it may touch 414.50 & after this level it may go for highr. The metal touched an intra-day high of $8396/tonne and closed at the level of $8259/tonne yesterday. On the MCX, Copper February contract touched an intra-day high of Rs409.40/kg and closed at Rs407.6/kg on Monday.
In other base metal Lead if cross the level of 103 then it may go for next leve of 105, Lead can be good commodity for buy today.
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