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MCX Gold Updates :Gold may drop for a third day after jewelers in India, the world’s biggest buyer, extended a strike, curbing demand for the metal. MCX gold  prices touched an intra-day low of  Rs. 28,106/10 gms and ended at Rs. 28,134/10 gms on Wednesday. 

MCX Gold Support and resistance for Today :-  Support :- 28065/27942, Resistance :- 28243/2834

MCX Copper Updates :- Copper, the leader of the base metals complex, was the worst performer on Wednesday, as the metal declined sharply by 2% on the LME and around 1.5 percent on the MCX.

Commodity Predictions :- Depreciation in the Indian Rupee may cushion sharp decline on the MCX.

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