
Platinum group metals
climbed on Monday on supply fears from strikes in major producer South Africa,
Palladium also gained
0.5 percent to $828.70 an ounce, near a 2-1/2 year high.
Gold continued to
struggle below $1,300 an ounce on Monday after ending flat for two straight
weeks, but the metal could gain from developments in Ukraine
Spot gold was steady
at $1,292.26 an ounce by 0022 GMT, after ending flat for a second straight
week. The metal has closed between $1,291 and $1,296 in the last seven
sessions.
GOLD
(JUNE)
Trend: Consolidate | Strategy: Buy on dips
R1- 27650, R2- 27950| S1-26850, S2- 26450
Silver for immediate
delivery traded at $19.4445 an ounce from $19.4584 on May 23, when prices
slipped 0.3 percent.
SILVER
(JULY)
Trend: Consolidate | Strategy: Sell on high
R1- 41950, R2- 42800| S1-40150, S2- 39180
Brent crude edged down
towards $110 a barrel on Monday, dipping further from last week's
two-and-a-half month high as worries over Ukraine eased slightly after its
presidential election.
CRUDE
(JUNE)
Trend: Consolidate | Strategy: Sell on high
R1- 6150, R2- 6230| S1-6030, S2- 5950
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