May 21, 2012, 10.28 AM IST

Good time to buy gold, crude & copper: Experts

Ram Pitre of ITI suggests buying on gold between Rs 28,800-28,850 per 10 grams with a stop loss of Rs 28,760 per 10 grams for a target price of Rs 28,975-29,150 per 10 grams.

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Ram Pitre of ITI suggests buying on gold between Rs 28,800-28,850 per 10 grams with a stop loss of Rs 28,760 per 10 grams for a target price of Rs 28,975-29,150 per 10 grams.


Sumeet Bagadia of Destimoney Commodities feels that crude is taking psychological support at 5000 levels in MCX. So for next one or two days he advises buying crude at around Rs 5,040-5,050 per barrel levels with a stop loss to be placed at Rs 5,000 per barrel for the upside target of Rs 5,110 per barrel and above that Rs 5,150 per barrel levels.


N Prasad of Safetrade Advisors advocates buying MCX copper contract around Rs 420 per kilogram with a stop loss of Rs 416 per kilogram for a target of Rs 427 per kilogram.


Priyank Upadhyay of SSJ Finance & Securities suggests selling silver on rallies. He recommends selling silver around Rs 55,000-55,200 per kilogram ranges with a stop loss above Rs 55,700 per kilogram and look for targets of around Rs 54,000 per kilogram.


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