MCX Copper eased as the dollar strenghtened ahead of a U.S. rate statement on Wednesday and markets focused on Greece, while signs of stronger demand growth from top consumer China helped underpin prices. Oil bounced from its earlier dip on Wednesday ahead of the release of the U.S. weekly oil data, which is expected to show a drop in crude inventories. Bullion metals hardly moved today ahead of the outcome of a U.S. Federal Reserve meeting which could weigh on the dollar, while worries the Greek debt crisis may affect other countries sent bullion bullion-priced in sterling to record high. Crude oil rose today after five sessions of losses, after Greece's embattled government survived a confidence vote to avoid a debt default which helped ease concerns on the vulnerability of risky assets.
Gold MCX Today
R3 : 22,862
R2 : 22,816
R1 : 22,774
Pivot : 22,736
S1 : 22,698
S2 : 22,656
S3 : 22,610
Silver MCX Today
R3 : 55,374
R2 : 55,107
R1 : 54,858
Pivot : 54,638
S1 : 54,418
S2 : 54,169
S3 : 53,902
Gold MCX Today
R3 : 22,862
R2 : 22,816
R1 : 22,774
Pivot : 22,736
S1 : 22,698
S2 : 22,656
S3 : 22,610
Silver MCX Today
R3 : 55,374
R2 : 55,107
R1 : 54,858
Pivot : 54,638
S1 : 54,418
S2 : 54,169
S3 : 53,902