Gold prices rose in volatile trade on Tuesday after briefly extending the previous session's 2.5 percent slide below $1,800 an ounce, as the dollar pared some of its early gains versus the euro, taking some pressure off the precious metal.
Copper rose on Tuesday as a weak dollar helped underpin prices, although further gains were capped by growing concerns about the euro zone debt crisis, which raised fears about the region's growth prospects.
MCX Tips for Today
MCX Aluminum
CMP: 111.50. Aluminium expected to trade on lower levels for today. MCX Alum: Buy @ 111.51, tgt 112.62 with a Stop Loss of 110.81.
MCX Copper
CMP: 419.85. Copper is also in a lower trade state today.
MCX Copper: Range between 419 - 417