Gold's Run - Up May Hit A Bump At Rs 30,900

Prices of precious metals, including gold and silver, inched up on Wednesday after the dollar pulled back. The pullback in the dollar came even as the US and China fought a pitched battle on the tariff front. MCX Gold rose a

marginal 0.02 per cent at Rs 30,800 per 10 grams at around 10.35 am while MCX Silver was up 0.13 per cent at Rs 37,495 per kg. Gold is eyeing comfort near Rs 30,550, but Rs 30,900 may be a resistance line on MCX. Silver can take support near Rs 37,250 with resistance near Rs 37,650. 
Copper's hurdle is coming up near Rs 448, with a support line near Rs 435. Zinc's equivalent figures are Rs 172 and Rs 165. Zinc beat other metals, rising 0.8 per cent to $2,338 a tonne in London and climbing 1.3 per cent to 20,810 yuan in Shanghai 
Crude oil can be comfortable near Rs 5,010, but upside may be capped near Rs 5,080 on MCX. For Any More Information Please Visit : www.dollaradvisory.com and Call : 9111179961