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Wednesday, 11 December 2013
MCX Recent News: Copper Swings Due to Seasonal Demand
Copper troubles between gains and
losses as investors weighed economic growth in China, the world’s biggest
consumer, against waning seasonal demand.
were likely to find support at USD3.231 a pound, the low from December 9 and
resistance at USD3.270 a pound, the high from November 24.
Consolidate | Strategy: Sell on High
R1- 453, R2- 463
| S1-442, S2- 434
Today’s MCX Market Highlights
•Gold capped the biggest advance since
•Silver futures for March delivery climbed 3.1