MCX remains stable, Gold and Silver shows slight gains

December Gold was trading at Rs 50,820 per 10 gram, up by 0.11%. Silver was ticking Rs 62,621 per kg, up by 0.01%.

The commodity futures on the MCX were stable on Friday. December Gold was trading at Rs 50,820 per 10 gram, up by 0.11%. Silver was ticking Rs 62,621 per kg, up by 0.01%.

October Aluminium and Copper were also slightly in the green on the Multi-Commodity Exchange.

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Neha Qureshi, Technical Research Analyst, Reliance Securities had stated for copper, “It is heading towards its 52-week high, which is placed at Rs 546 levels. Support is placed at Rs 533-528 levels.”

While crude oil fell by 0.4% to Rs 2986. Natural gas was amoung the top losers with falling more than 3% to Rs 215.70.