Silver Updates: Gold and silver commodities are moving in different directions today. Gold made a positive opening while on the other hand silver started the day with red mark. However the movement is sluggish but experts say that silver may remain volatile withing the range of 53000-53550. Rally in mcx silver is expected only above 53500 level. The most suitable strategy to trade in silver today is buy on dips. So traders can take their positions accordingly.
Copper Updates: In Base Metals, Copper may trade higher today above 417 but inability to sustain above 416 can fortify the negativeness and we can see levels like 414.00-412 in Copper today. Traders are required to trade copper above 418. Major upside is seen above 424 level only.