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Thursday, May 26, 2011

MCX Comdex trades up | MCX Market Analysis News Silver

MCX Calls Intraday
Buy Silver At 56100 Stoploss 55900 Target 56300 56450 56600
MCX Comdex trades up
At the MultiCommodity Exchange (MCX), COMDEX is trading up by 0.58 points, or 0.02%, at 3,498.04 after opening at 3,506.49.
Other index like MCXMETAL is trading downward by 9.29 points, or 0.20%, at 4,555.63 after opening at 4,581.79. Meanwhile MCXENERGY is trading down by 2.36 points, or 0.07%, at 3,237.30 after opening at 3,245.43. MCXAGRI is trading up 26.31 points, or 1.02%, at 2,603.94 after opening at 2,575.41.
MCX Silver Outlook
Silver also trading strongly today . Silver on MCX is trading at 2 percent growth. COMEX the silver price is around $ 38. In the last week in silver has about 15 percent boost. While gold is also trading with gains.MCX Return will Reach 70000 Read More Click Here
Energy (Crude Oil)Outlook

Crude oil is trading with gains today. NYMEX the crude oil prices above 101 dollars reached. This month's low level of crude oil has nearly 8 percent boost.
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MCX Commodities Daily Newsletter 26 May 2011 | MCX Silver Tips


GOLD OFF 3-WEEK HIGH, EURO ZONE DEBT FEARS SUPPORT.
OIL FALLS FROM ONE-WEEK HIGH IN NEW YORK AS U.S. GASOLINE STOCKPILES SURGE.
COPPER ADVANCES FOR SECOND DAY AS DEMAND OUTLOOK TURNS POSITIVE.DOMESTIC OIL SEED AND EDIBLE FUTURES OIL TRADE BULLISH.
Gold hit a three-week high on Wednesday.
Copper rose more than 2 percent on Wednesday.
Zinc its highest in three weeks.
Oil prices rose to their highest level in two weeks.
Surprise U.S. distillate stock draw lifts crude.
MCX Silver and gold will touch 60000 and 23000 Respectively Read Full Posting..Copper rose more than 2 percent on Wednesday as the spotlight returned to its tight longer-term supply fundamentals after the world's largest miner announced an output reduction. Oil turned higher on Wednesday with Brent crude climbing above $113 a barrel after weekly U.S. government inventory figures an unexpected draw in stocks of distillates. Gold hit a three-week high on Wednesday, boosted by concern over the debt crisis in euro zone countries such as Greece and a softer dollar after weak U.S. economic data which also helped shore up prices.
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