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Tuesday, October 4, 2011

Commodity global Updates and Bullion prediction for Closing time

Today gold Price trading down towards due to heightened concerns over the prospect of a Greek financial crisis.
U.S. stock down more than 2 percent and also more than 3 percent in European market, however crude oil slipped more than $2 a barrel. in Basemetals copper and Nickel trading down side because fear of the euro zone sovereign debt crisis may spread to bank.
Gold on MCX till now trading decline more than 550 under at 25900 per 10 grams.I expect it will decline more from this levels. SELL call indication on closing round.
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