Ritesh Gandhi, Sr. Research Analyst, Commodity & Currency, Anand Rathi Commodities in an interview to CNBC-TV18 gave reading and outlook for various commodities.
Gandhi said that crude prices would be dominated by situation in Iran. One could look to buy crude on dips. "For crude, USD 100-95 is going to be a key support zone now onwards. If we see prices rallying above USD 103 and sustaining above that level this is also an important technical level," he said. Further, he believes that if gold prices remain above USD 1,500 then some more upside can be seen. Below is the edited transcript of GandhiDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
