On Thursday morning at Multi commodity exchange a lots of fire work had seen in early hour of trade. MCX gold and silver open with a good jump on intraday trading. Gold prices for October delivery open at 27755 against its last close of Rs 27677 per 10 gram. On today trading session bullion seems to be volatile for morning trade with a support of 27430 and a resistance of 28150.Today white metal silver looking to play a long rally on positive side.
Today MCX copper and nickel shows a big correction on intraday trading , MCX copper open at 432 and gain more than 8 point and touch a high of 440.45 this is the big gain in a month a sign a positive remark for coming day. Similarly nickel prices also shows a good correction in early hour and touch a high of 869.40. however due to correction of 12 paisa on early trading support commodity to jump in domestic market , at inter bank foreign exchange Rupees close at 61.30. MCX lead and Zinc also show a soft correction in early hour and expected to trade flat in today trade.
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