Bullions Trades Lower While Energy and Metals Trades Rangebound...

Daily MCX Bulletin

Gold

Gold again trading lower as profit-booking is noticed and easing geopolitical concerns. Resistance around 100500, break and sustain above this level will expect upside move till 100800-101000. On the other side support around 99900, break below this level will see further profit booking till 99600-99400 mark.

Silver

Silver is trading around a critical support level of 113000, break below this level could trigger deeper corrections till 112200-111500. On the other side resistance around 113600, break and sustain above will see a fresh demand till 114300-114800 mark.

Copper

Copper consolidating near key resistance levels. Resistance around 890, once break this will expect upside move till 894-898 mark. On the other side support around 882, break below 882 will see more downside move around 878 mark.

Crude Oil

U.S.–China tariff extension has improved market sentiment, boosting crude demand expectations. Resistance around 5665, break and sustain above 5665 will see a fresh move toward 5740-5800 level. On the other side support around 5530, break below this level will test 5480 mark.

Natural Gas

Natural Gas looks slightly bearish in the short term, driven primarily by cooling demand and abundant supplies. Resistance around 264, break and sustain above 264 will test 268-272 level. Support around 254, break below will touch 248-246 level in upcoming session.

Top Pick (12/08/2025)

Sell Gold below 99900. Stop loss above 100200. Target-99600-99400.