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Wednesday, March 30, 2011

MCX Buy Gold Call Today

Buy gold above 20725 target 20775 stoploss 20653
Short copper below 426.50 target 424.30 | 423

MCX Market news today

MCX Copper Call 

Sell MCX Copper Below 430 Stoploss 431.30 Target 428.20
Commodity market in the slack today, silver has intensified since the beginning. MCX silver futures close to doing business with the advantage of a cent. Comacs effect of the silver boom has had on the domestic market. While gold is traded on the edge.
Gold and silver declined. COMEX 37 dollars per ounce on gold and silver dollars in 1420 have come down. In the domestic market yesterday was sharp decline in gold and silver.
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MCX  Market updates of Yesterday
Gold steadied near $1,420 an ounce on Tuesday .
Copper ends up but demand worries .
Aluminium hits fresh 2.5 yr high today.
Natural gas slips almost 4% on Tuesday .
Oil prices turned positive on Tuesday .
Inventories of copper at the LME were down by 400 tonnes .

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