Bullions Trades Higher around All Time Highs... Metals Too Gaining Momentum...

Daily MCX Bulletin

U.S. imposed higher tariffs—up to 50%—on Indian imports, with secondary sanctions potentially expanding to others, amplifying volatility across global commodity markets.

Gold

Gold surged to a record high of ₹1,01,288 supported by strong safe-haven flows amid tariff tensions. Support around 101200, break below this level we’ll see further Profit booking till 100800-100600 mark.

Silver

Silver surged as industrial and inflation- hedge demand pick up. Resistance around 115500, break and sustain above 115500 will see further upside move till 116000+ mark. On the other side support around 114000, break below this level will see more downside move till 113000 mark.

Copper

Copper hold its strong support around 878 break this level till further downside around 872. However on the other side strong resistance around 890 once break this level will expect upside move till 896-900.

Crude Oil

Crude Oil markets remain sensitive to trade disruptions and U.S. tariff policy, which could lower demand and limit further gains in the Short term. Resistance around 5780 break and sustain will see the upside level of 5860. On the other side support around 5600, break below 5600 will test 5540-5500 levels.

Natural Gas

Natural gas bounce from its key support level and trading with a positive bias. Resistance around 274, break and sustain 274 will test 280-284 level. Support around 266, break below 266 will touch 260 mark in upcoming sessions.

Top Pick

Buy Natural Gas above 271. Stop loss below 264. Target-277-282.