Today government increase in import duty on gold and silver both now turn to 10% , previous gold had 8% while silver had 6% . its direct impact is going to seen on evening trade. It is expected that gold prices declined on evening trade and trade below 28900 on the other hand silver prices look to fall by sharp edge and trade below 46000. MCX crude oil also supporting a bearish trend on evening session meanwhile some up and down were going to seen on domestic commodity market.
In base metal lead and zinc seem to trade in deep side however copper and nickel prices also expexcted to trade in negative side at MCX.
Mentha oil and natural gas seem to be volatile on intraday trading for future delivery at Evening session.