NEW DELHI: Energy counters dropped while gold and silver gained in Wednesday’s trade as flaring tensions between the US and China overshadowed reopening of economies.
Gold futures gained 0.13 per cent to Rs 45,809 while silver futures added 0.72 per cent Rs 42,198. Natural gas was under pressure and down 1.87 per cent to Rs 157.20.
Here is how SMC Global expects commodities to fare today:
Bullion: Bullion counters can remain on a positive path. Gold can move towards Rs 46,000 while taking support near Rs 45,500 while silver may move towards Rs 42,500 while taking support near Rs 41,200.