MCX Gold Silver Technical Report For Today

Currently Silver is in HOLD LONG position In short term Silver is in strong up trend so hold with stop at 56545 Very Short term investor please cautious on Silver as it is moving with low volatility The Silver is now trading in highly overbought level.
Gold closed above 1 week high on Tuesday with volume signals up breakout.Currently Gold is in HOLD LONG position In short term Gold is in strong up trend so hold with stop at 28108 The Gold is now trading in highly overbought level.
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MCX Bullion Commodity Letter For Today 3 Nov 2011

GOLD RISES ON DEEPENING EURO ZONE CRISIS.
BRENT BOUNCES ON FED HOPES, GAINS FRAGILE.
COPPER UP ON RISK APPETITE; PMIS CURB GAINS.
INDIAN SPICES COMPLEX TRADE LOW.
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MCX Commodities Daily Newsletter for Today 22 June 2011

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GOLD RISES FOR FIFTH SESSION ON DEMAND FOR HAVEN AMID GREEK DEBT CONCERNS.

OIL UP FROM 4-MONTH LOW; GREECE, EURO IN FOCUS.

COPPER EGDES UP; FOCUS ON GREECE CRISIS.

DOMESTIC OIL AND OILSEED TRADE BULLISH.

Gold prices rose on Tuesday as investors spooked by talk of a Greek debt default and contagion to other euro zone countries sought safety while a softer dollar also helped. Copper climbed nearly 1 percent on Tuesday as the euro rose against the dollar on hopes European leaders will cobble together a deal to stop Greece from default, but concerns about demand prospects persisted. Oil reversed early gains on Tuesday, turning negative in a bout of profit taking ahead of the expiry of the front-month U.S. crude futures contract.

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MCX Commodity Daily Newsletter Today For 21 June 2011

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MCX Commodity Market Yesterday's Highlights  

• GOLD GIVES UP GAINS, EURO ZONE CRISIS LINGERS.
• OIL PRICES FALL AS GREEK CRISIS WEIGHS.
• COPPER DOWN ON POSTPONED GREEK LOAN, EQUITY.
• CARDAMOM, CORIANDER FUTURES MOVE UP, REST SPICES TRADE BEARISH.

Copper falls on demand concerns.
Euro zone ministers press Greece on bailout.
Nickel hits lowest since November last year.
Nickel inventories in LME-monitored warehouses fell by 516 tonnes.
Lead inventories in LME-monitored warehouses fell by 125 tonnes.
Gold gained on Monday as the euro strengthened.
Oil prices fell on Monday, extending last week's losses.
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Silver is top Commodity of Today in MCX Trading

MCX Crude Oil and Lead Call for Evening today

Crude oil (April ): Buy – Above 4820, Stoploss - 4780 Target - 4880

Lead (April ): Buy - Above 124, Stoploss - 123 Target - 126

MCX Commodity Market News today

Today's silver is top Commodity . 1 percent gains of silver on MCX trading.

First let's talk about silver. Provide investors with thick silver glitter and has increased revenue. Mumbai spot market at Rs 57 800 kg of silver expressions have reached record levels. The effect of the boom in foreign markets has had on domestic business. So in May silver futures on MCX has crossed Rs 56 600. COMEX 38 dollars per ounce on the silver Trading is up. Special thing is that during the year in the last three months about 23 percent silver investors have great returns.

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