MCX Zinc Strong Support @202—199 level

Gold Silver Reports (GSR) – MCX Zinc Strong Support @202—199 level — Zinc on MCX settled up 1.23% at 205.20 gained on short covering and tracking LME zinc which rose 0.5 percent to $3,131.50 a tonne as investors wagered the latest U.S.-led strike on Syria would not escalate into a wider conflict, though Asian equities turned mixed as selling in bank shares slugged Chinese indexes.                

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Commodities has Rarely Been Stronger, According to Goldman Sachs

Gold Silver Reports (GSR) – Commodities has rarely been stronger, according to Goldman Sachs Group Inc. With raw materials rallying on escalating political-tensions across the globe and economic growth remaining strong, the bank’s analysts including Jeffrey Currie doubled down on their “overweight” recommendation. They reiterated a view that commodities will yield returns of 10 percent over the next 12 months, according to an April 12 note.                                          

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MCX Aluminium Above 125 Target 138—142

Why U.S. Sanctions On Rusal Will Benefit Indian Aluminium Producers

Gold Silver Reports (GSR) – Why U.S. Sanctions On Rusal Will Benefit Indian Aluminium Producers — Integrated domestic aluminium producers — with presence from raw materials to the final product — like Hindalco Ltd. and National Aluminium Company Ltd. stand to gain more than Vedanta Ltd., said Goutam Chakraborty, analyst-institutional research at brokerage Emkay Global Financial Services.                                         

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