'BUY' or 'SELL' recommendation on commodities

Moody's cut Portugal's credit standing to junk and issued further warnings has led to Industrial commodities on the lower side.

NEW DELHI: The credit rating agency, Moody's cut Portugal's credit standing to junk and issued further warnings to the country has led to Industrial commodities on the lower side.

LME copper dipped on Wednesday where supply disruptions at some copper mines are expected to keep a base under prices.

Spot gold on Wednesday hovered near a 1-1/2-week high supported by renewed worries about the euro zone's debt problem. U.S. gold was up nearly 0.1 percent to 1,513.80.

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ET Now spoke to ADMISI to seek its view on commodities

MCX Copper is a 'BUY' call with a target of Rs 435.00
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Angel Broking:

MCX Copper is a 'BUY' call with a target of Rs 432.00
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