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Thursday, October 6, 2011

Global Commodity News and Analysis For Today | Impact On MCX Market

Global News  Today oil Price rose  after meeting of investors in Berlin. In this meet the European Central Bank renewed offers to aid ailing regional banks, a move that drew a mixed reaction from investors.
After coming of meet news European stock markets traded upper side, but Wall Street initially fell, as investors parsed the ECB's efforts to contain a sovereign debt crisis that has threatened to send recovering economies back into recession.
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Global European Market overview on Gold | Trading tips on MCX


Global market news on Gold gold trade up in very volatile today becaus a  stead in euro and also gain in equities,buying from jewellers, and Europr's drive to prop up in its banking sector.
according to global nes Investors would move to ameeting of the European central Bank policy meeting Today. where talk about interest rate cut and euro zone's debt crisis.
Todat Gold up by more than $6 per ounce at $16,47 per ounce.Read More:-
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Bullion Gold Silver Trading Tips and Live updates today

Today Precious metals indicate upper trend yesterday bot metals closed after profit gain. Silver shut their shop up by more than Rs. 1000 at 51300 however gold closed at     2660 around by light 60 up.Gold will trade up due to global news stable no one negative data come today.
Buy opportunity in gold today. I expect it best time to buy gold it will reach above this level. end of month gold will touch 28000 or could be more.
Buy Gold above Rs.26000 make stoploss according to you and also revise it.
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Commodity Tips Intraday :- Gold Silver Tips For Today

U.S. GOLD GAINS 1 PCT ON EURO; EQUITIES WEIGH.
OIL CLIMBS FOR FIRST TIME IN FOUR DAYS ON SURPRISE DROP IN U.S. STOCKPILES.
COPPER ROUT CONTINUES AS EURO DEBT FEARS WEIGH.
INDIAN SPICES COMPLEX TRADE LOW.
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