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Friday, October 14, 2011

MCX Crude Oil and Commodity Bullion Tips Today

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Crude Oil Prices I expect that will trade within $90-$112 per bbl. and within 6 months seeming touch $103 per bbl.European economies have decelerated. Liquidity remains strong and plentiful, thus hopes of edging past a recession remain.
Global economy is likely to slow down, Crude oil price is not expected to fall.Since the world GDP growth has to fall below 2% for a contraction in global oil demand, such a scenario is unlikely.
Gold Silver and Copper Technical Outlook and Tips 

MCX Bullion (Gold Silver) Live News and Tips For Today

Silver has gained nearly 1 percent. While gold is trading at a slight edge. International market also remains strong in today's gold and silver. on MCX Gold above with 0.25 percent the level of
26800 rupees per 10 grams is trading. MCX silver gained 0.7 per cent over the level has reached 53300 per kg.
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MCX Gold, Silver and Crude oil Tips For Today

Today gold I expected to higher. Central banks do not give any indication of the trend ending since both US and Europe have been trying to provide “liquidity” into the markets.
Another one  festival session in India and China.
Silver also seeming higher based on technical analysis. In Indian Market physical silver will trade in high continues .On Thursday Silver closed at around 52900 by declining more 1200 Silver Oct (Future) .
Crude Oil Tips
Crude Oil Seeming downside on MCX.The market has spent two days now trading around $85 a barrel, after weeks of extraordinary volatility that saw both a one-month high and a one-year low.
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MCX Bullion Market Highlights and Technical Levels For Today

Gold eases After ECB Comments, Trade Volatile on thursday.
Continueously Oil Fall second day on Speculation U.S. and China demand will slow.
Chinese trade data drains copper market sentiment.
Domestic oil and oilseed trade low on profit book.
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