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MCX silver (May Futures): Below Buy - 53 601, Stoploss - 53 251 Target - 54 180
Gold MCX (April Futures): Below Buy - 20 900, Stoploss - 20 835 Target - 21 090
MCX Crude Oil, Gold, Silver Market Updates TodayTop commodity of today's crude oil. On MCX, crude oil has increased 1.5 per cent. While silver even closer with rapid turnover is 1.5 per cent. Lead to estimates of demand in Japan has appreciated by nearly 1.5 per cent. Base Metals Lead the business is on the edge today.
Today Crude oil has gone up strongly. With 1.5 percent up at MCX, crude oil has crossed Rs 4600. NYMEX While the crude oil is trading around $ 103. Behind the boom in crude oil prices now mainly responsible Jiyopulitykal tension is believed to be the largest. During the past month, nearly 18 per cent up on crude oil has been found.
Gold and silver have gone up strongly today. MCX gold at Rs 21,000 with about half per cent growth to have reached. While around 1.5 per cent in silver leaping. The effect of the boom in foreign markets has had on domestic business.
Japan's crisis is causing the rest of the world is no use. Hopefully now steel and copper prices will come down.
Japan's largest iron ore and copper is Enpoertar. Japanese steel companies, 13 per cent and 9 per cent of world copper Import do.
Demand from Japanese companies is a sign of decline because their plant closed for several days running. If this happens in other countries, including India, iron ore and copper prices will decrease.
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