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Wednesday, August 10, 2011

MCX Gold ,Silver , Copper and Crude Oil Tips and Report For Today

U.S. Federal Reserve not to increase interest rates by the crude oil is back up. However, NYMEX the crude oil is trading at 82 dollars pe barrel. On MCX, crude oil remains above Rs 3,700.
Experts say the rise in crude oil is not due to demand. Therefore, the weakness in crude oil could see attitude.
After Tuesday's record rally in gold is looking weak today. COMEX arrived at the Gold level of $ 1761. gold on MCX at Rs 25,700. Experts say increasing liquidity in the U.S. to the gold level could reached $ 2,000.
Today's rise in the base metals. Copper is a strength of around 3 per cent. Copper on MCX has risen up to Rs 420. On Tuesday, copper had slipped down to Rs 390.
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