HomeMarket NewsCommodities NewsCommodity Corner: Buy gold, silver and crude, says Prathamesh Mallya

Commodity Corner: Buy gold, silver and crude, says Prathamesh Mallya

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By CNBC-TV18 May 4, 2018, 1:03:09 PM IST (Published)

Prathamesh Mallya of Angel Commodities Broking discusses with Ekta Batra the current trend in commodities markets.



Speaking about the precious metals, Mallya said, “Gold and silver, I would buy at this level, specifically Rs 31,000 is what we are giving a buy side on gold June contract. The possibility of it moving higher towards Rs 31,350 is what we are looking at.”

On silver, Mallya is looking at a target of Rs 39,900. Mallya also has a buy recommendation on crude oil.

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