MCX Commodity Live Updates and Tips For Today | Gold silver price

On November 29, silver prices were trading higher in Chennai market, while it were down in Mumbai, Delhi, Jaipur and Ahmedabad markets.
Pure silver (999 purity) was down Rs 150 at Rs 55750 in Delhi market, while in Jaipur market it was down Rs 200 at Rs 55800.

MCX Commodity daily Newslatter For Today 29 Nov. 2011

GOLD JUMPS 1 PERCENT ON EUROPE'S BAILOUT HOPES.
OIL CLIMBS TO HIGHEST IN MORE THAN A WEEK ON U.S. SALES, SYRIAN SANCTIONS.
LME COPPER CLINGS TO GAINS; IMF SAYS NO TALKS WITH ITALY.
INDIAN SPICES TRADE UP ON SHORT COVERING.

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MCX Crude Oil Trading Tips For Today 3 Oct 2011

 MCX crude oil prices slipped 2 percent.Sharp decline in crude oil. On NYMEX nearly 2 percent decline in the Crude Oil. Brent crude has fallen even faster. During the last 3 months, crude prices have down nearly 17 per cent.
Crude Oil Tips Intraday
Crude Oil (October): Sell - 3862, stoploss - 3910 and target - 3780

Bullion Metals technical Levels and Tips For Today

MCX Gold levels
R1 28750
R2 28400
S1 27980
S2 27600

MCX Silver levels
R1 67800
R2 66700
S1 64100
S2 62800

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MCX Bullion Weekly Techncal report 5 Sep To 10 Sep 2011

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MCX Precious Metals and Crude Oil Live News and Call For Today 2 Aug

MCX gold was trading up with about half per cent. COMEX While the gold price has reached to 1630 dollars. Poor economic data in the U.S. and China, the decline in crude oil. But gold is of fast response. In Delhi, prices have reached a new height.
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Silver August BUY - above 58900, stoploss - 58700 and the target - 59200 59350

MCX Silver Tips 11 July 2011

Support and Resistance For Silver
Silver Support
53668-52580-52250-51960-
Silver Resistance 56770-57100
Market Highlights
Currently Silver is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Silver.

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MCX Commodity Newsletter for Today 23 June 2011

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GOLD STEADY AHEAD OF FED, NEAR 2-WEEK TOP.
OIL RETREATS ON CAUTION AHEAD OF FED MEETING.
COPPER DOWN AS MARKET EYES GREEK DEBT, FED MEET.
DOMESTIC SPICES COMPLEX TRADE UP.

Copper eased as the dollar strenghtened ahead of a U.S. rate statement on Wednesday and markets focused on Greece, while signs of stronger demand growth from top consumer China helped underpin prices. Oil bounced from its earlier dip on Wednesday ahead of the release of the U.S. weekly oil data, which is expected to show a drop in crude inventories.
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MCX Gold and Silver Prediction For Today

Call Soon Please Wait Now Market unpredictable
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Gold rose by Rs 90 to Rs 22,585 per 10 grams and silver gained Rs 250 to Rs 53,600 per kg on Thursday on fresh buying by stockists and speculators amid a firming global trend.

Silver coins also spurted by Rs 2,000 to Rs 61,000 for buying and Rs 62,000 for selling of 100 pieces

Gold in global markets, which normally sets a price trend on the domestic front, rose by USD 6.50 to USD 1,530.60 an ounce, while silver gained 1.19 per cent to USD 35.81.
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MCX Silver Tips

Commodity Silver call For Today with Silver spot price
Sell silver may below 55020 target 54850 stoploss 55150

 Silver has been a sharp decline . May silver futures on MCX with the decline of nearly 1 per cent has come down to Rs 55,000. gold is trading Almost half percent drop . The effect of the decline in foreign markets on domestic business is being seen.

 
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MCX Silver Call | MCX commodity Market updates on Mobile

MCX Silver has been reached in at upper trend since the last six weeks making Higher tops and higher bottoms. The price is making an upward sloping trend which is providing a trading band for the price.period RSI is currently above the level of 50 which indicates strength in the price.

So that, Silver looks best future gains and buying on dips would be advisable.

Strategy - Go long on dips towards Rs.52,300-Rs.52,500 levels, Target Rs.55,400, with the stop loss closing below Rs.51,200 level.

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