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Monday, July 4, 2011

MCX Market Outlook | Gold and Silver Tips

MCX Silver and Gold Technical Analysis 
Good News For Gold 
India gold fu-tures nudged higher on Monday afternoon in step with overseas markets, and demand in local spot market improved as jewellers raised purchases, dealers said.
Read Tips and Technique and How To Analysis Chart  

MCX METAL is trading downward by 2.94 points, or 0.07%, at 4,404.01 after opening at 4,407.34.
MCX Copper Market Outlook

Copper cable scrap and copper wire bar both firmed up by Rs 3 per kilo each to Rs 469 and Rs 497 from last Saturday''s closing level of Rs 466 and Rs 494.
Copper scrap heavy and brass sheet cutting edged up by Rs 2 per kilo each to Rs 459 and Rs 319 respectively as against Rs 457 and Rs 317 last weekend.

Copper armiture, copper sheet cutting and brass utensils scrap inched up by a rupee per kilo each to Rs 448, Rs 444 and Rs 307.
MCX ENERGY is trading down by 6.67 points, or 0.22%, at 3,012.69 after opening at 3,018.12. MCXAGRI is trading up 11.38 points, or 0.43%, at 2,661.56 after opening at 2,654.20.
MCX-NCDEX MONSOON Commodity Tips/Call With Market News 
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