Social Icons

Tuesday, March 8, 2011

Today's Support and Resistance for MCX and Hot Market news for today | MCX intraday Tips for today| Daily report os mcx base metals and bullions

GOLD CLIMBS TO RECORD AS MIDEAST VIOLENCE FLARES.
BRENT CRUDE AT $117 ON LIBYA, SUPPLY WORRIES.
COPPER SOFTENS ON LIBYA CRISIS; CHINA DEMAND EYED.
INDIAN JEERA & PEPPER ENDED DOWN; TURMERIC HIT 4PC UPPER CIRCUIT.
Gold record highs on Monday .
Silver gained 1.5% , having earlier touching a 31-year high on moday 7 march 2011.
Zinc stocks highest since Nov 2004 today.
Copper falls as Libya violence escalates
Nickel falls sharply almost 6% on moday.

Gold retreated from record highs on Monday as investors took profits after U.S. crude
oil prices sharply pulled back on speculation that Libyan leader Muammar Gaddafi was
seeking a deal to secure a safe exit from the country. Copper fell on Monday as
escalating violence in Libya eroded investors' appetite for assets perceived as risky and
oil remained strong, but a weaker U.S. dollar prevented deeper losses.
Copper stocks continued to build, rising 1,850 tonnes to 427,150 tonnes. 

 
Customers 4.9out of 5.0 based on 33045 user ratings