BULLION
Gold April future is up 0.3 per cent at $ 1,204.40.Silver May future has gained 0.5 per cent at $ 16.258.Platinum April future is up 0.3 per cent at $ 1,185.80.
ENERGY
Crude Oil April future has gained 0.5 per cent at $ 51.78.Brent Oil April future is up 0.3 per cent at $ 60.52.Natural Gas April future is up 0.3 per cent at $ 2.783.
The March MCX Crude Oil futures are facing strong resistance around the 20-DMA (Rs 3,180) for the past three trading sessions. On Wednesday, the energy futures tested a high above the short-term moving average at Rs 3,200, but however ended slightly below it with a gain of almost a per cent (Rs 25) at Rs 3,163 tracking NYMEX Crude Oil prices.
The Crude Oil prices are trading above the 50-DMA (Rs 3,120), However, the bias may turn positive in case the commodity is able to break and trade above Rs 3,180-odd level.
BASE METAL
Copper May future is trading on a flat note at $ 2.665.
MCX Copper April expiry contract has been in a volatile trajectory this week.The prices, which were trading higher in last two days ended on a lower note on Tuesday but again moved higher on Wednesday.
Copper ended the day above Rs 370 per kg, and settled the day at Rs 370.25 per kg.
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