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Silver - April 7, 2021 - Reliance Securities
equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Gold - April 7, 2021 - Reliance Securities
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Crude Oil - April 7, 2021 - Reliance Securities
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Copper - Outlook - April 6, 2021 - Reliance Securities
Posted On:
Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities
Domestic Copper and the rest of the metal prices on MCX ended with solid gains on Monday.
LME Copper prices and the rest of the base metal complex have started higher this Tuesday morning in Asian trade, tracking the weakness of the U.S Dollar.
Prices also took support after data showed that a recovery in China s services sector picked up speed in March as firms hired more workers and business optimism surged.
The Caixin/Markit services Purchasing Managers Index (PMI) rose to 54.3, the highest since December, from 51.5 in February.
Gold - April 6, 2021 - Reliance Securities
Posted On:
Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities
International gold prices are trading with small gains this early Tuesday afternoon trade in Asia to their supported by a weaker dollar and pullback in U.S. bond.
However, upside remained capped as recent better-than-expected economic readings out of the United States have lifted hopes around swift recovery and drove investors towards riskier assets.
Lack of any major data could keep the prices range bound this Tuesday.
Technically, LBMA Gold Spot is holding above 21-Daily Moving Average which is placed at $1727 level indicating the continuation of the positive momentum where could see further upside $1739-$1754 levels.