The prices of Copper resumed backwards after selling pressure reemerged. The metal declined by 1.4 percent to end the day trades at Rs 380.8 per kg.
On the higher side, Rs 385.40 per kg was noted while on the lower side Rs 378.80 per kg was tested. The prices have again reached levels of Rs 380 which means breaking the same will be adverse with ground at Rs 375 per kg.
On the upside, Rs 385 per kg remains active friction zone for Copper.
Prices of Refined Gold were down 0.2 percent to end the trades at Rs 28,737 per 10 grams. On the higher side Rs 28,950 per 10 grams was noted while lows were at Rs 28,701 per 10 grams.
The metal remains under a volatile zone where Rs 29,000 levels will be beneficial for long term. Failure to breach these levels would mean that the prices of Gold would reach Rs 28,500 per 10 grams.
Crude Oil gained by 0.5 percent to end the day at Rs 3350 per barrel. On the higher side Rs 3,359 per barrel was noted, while on the lower side Rs 3,308 per barrel was the noted lows.
The resistance for Crude Oil is at Rs 3400 per barrel while on the lower side supports of Rs 3,200 per barrel is active.
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