In commodity market from weaker rupee boosted gold and silver. Mcx gold October contract is trading above rs 130 the movement in gold is sluggish in afternoon.
While silver September contract up rs 148 or 0.34% to 43529, the upcoming movement in silver is seeing positive side. Silver touched intraday highs of 43687 and the intraday lows of 43492.
Base metal also received support from weaker rupee, Mcx aluminium august future down -0.49% to 122.25. Copper august future is trading 0.37% or 1.60 to 431.45 it made intraday high of 435.10 and intraday low of 431.30.
mcx gold buy at 28280 targets 28330/28380/28430 stoploss 28150
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