MCX Gold Silver Global Market News and Report Analysis

MCX gold seeming strong because lack of alternative havens for investors to operate in global economy crisis. currently showing weakness in gold as short term and also the slump in commodity prices should come to an end soon,
The gold price has risen by nearly 17 percent so far this year, having hit a record $1,920.20 an ounce in early September before correcting sharply downwards. It was around $1,655 an ounce on Friday.


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MCX Bullion Gold Silver and Crude oil Tips For Today

MCX Bullion Metals on thursday decline. Gold closed at Rs. 25980 more than Rs. 550 But Today's trend of seeming down side. and Silver is closed at 50150 by down around of Rs. 2000.
Gold Sell below 25850 target 25,400 don't try without stoploss.
Silver has consolidate trend but still Sell Tips For Today.
Copper also facing decline trend today closed 340 declining by Rs. 3.
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Commodity News Analysis Report and Bullion Tips For Today

Recession fears of falling demand due to the movements of crude oil broke down and decline in base metals London Metal Exchange copper is lower levels of 10 months. Factory output in China declined in the third month. Copper dropped after copper mine strike in Indonesia.

Gold and silver prices declined sharply. COMEX to $ 1,765 on the gold and silver are trading around $ 38. However, because of weakness in rupee against the dollar in the domestic market is a decline in gold and silver.

MCX Gold and Silver Support and Resistance For Today 13 Sept 2011

Gold Technical Levels 
TREND Consolidate
 R2  28500
R1   28100
S1   27500
S2   27250
STRATEGY:- Buy on dips

Silver Technical Levels
TREND Consolidate
 R2  65800
R1   64500
S1   62200
S2   61100
STRATEGY:- Buy on dips
Read More and Daily Commodity Newsletter and Tips 

MCX Precious Metals and Copper Prediction For Today 31 Aug 2011

MCX Precious Metals Trading in upper side yesterday's the gold up more than 500 closed around at Rs. 27200  and Silver Closed around +1000 at 62100  today Both precious Metals indicate upper side. MCX Silver Buy above 62200 not buy below this levels. MCX Gold Buy above 27200 levels not make position below this level. the amount of interest showing good .

on MCX the Copper base metals has upper trend and trading for up side . technical analysis report indicate MCX Copper will trade up Today.

MCX Commodity Daily Newsletter For Today 31 Aug 2011

GOLD BUOYED BY UNCERTAINTY AHEAD OF FED MINUTES.
CRUDE OIL FALLS FROM TWO-WEEK HIGH IN NEW YORK ON U.S. SUPPLY FORECASTS.
COPPER RISES TO THREE-WEEK HIGH IN LONDON TRADING ON U.S. GROWTH OUTLOOK.
DOMESTIC OIL AND OILSEED ERASES EARLY HIGHS AND TRADE LOW.
MCX-NCDEX Call and Technical report Free

MCX Precious Metals Prediction and Live Call For Today intraday

Silver : SELL - 65400, stoploss - 65700, Target - 65000
Gold Sell 27700 Stoploss 27850  Target 27400
MCX Gold and Silver Free Technical Report on Mobile

MCX Gold and Silver Highlights Today | Bullion Tips

MCX Silver Call Intraday

Buy  Silver  52600  Target 52850 Stoloss 52500

 Gold - Silver is trading in fall. Silver and gold in the domestic market at Rs 53,000 Rs 22,000 have reached the bottom. In international markets, gold - silver is trading mixed today. COMEX the gold has come down to $ 1500. Silver also slid below $ 35 is the same

Base Metals also has seen sharp fall. MCX Metal in all over a quarter of 1 percent decline being. MCX Silver Will Reach less than 50000 Read More full Report

Pressure drop in crude oil and continues today. NYMEX the crude oil remains below $ 100. Brent crude is not able to crossed the $ 113. Strengthening of the euro against the dollar due to the pressure on crude oil has been observed.

Also in Iraq this year, 3 million barrels of crude oil production increased 30 million barrels per day is estimated to be expressed. Moreover, U.S. President Barack Obama on Saturday in the country to increase crude oil production has also announced to Tariko. All this because crude oil has seen the tenderness.

Read More:-

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MCX Bullion Weekly Fundamental Report 16 to 21 May 2011 | Tips

GOLD DROPS 1 PCT ON DOLLAR SURGE, SILVER UP
Gold fell on Friday, sharply reversing early gains, as a dollar surge against the euro and renewed uncertainty about euro zone debt prompted investors to
sell ahead of the weekend. Silver continued to recover from last week's 25 percent correction, and technical charts suggested the metal could stabilize
after bouncing off a key support level. Spot Gold fell 0.7 percent to $1,492.50 an ounce by, having earlier risen as high as $1,516.40. U.S. Gold futures for
June delivery settled down $13.20 at $1,493.60, after trading in a range from $1,482 to $1,516.40. For the week, Gold was flat after shedding nearly 5
percent last week during a commodity rout.

Commodity Market News/Data | Technical Analysis on MCX Base metals and Bullions

The base metals has been shot by politics in middle east by which turn has raised the prospectus of global inflation and its have done by rising crude oil prices.by this some analyst think that by rising inflation could interest rate to move northward,and also causing a slodown in global economy.
Crude oil News
Now Crude oil prices are trading above USD 100 per barrel which is the burden about inflation. Crude oil have discounted the middle east crisis likely to fall on profit booking. Crude oil last trade near about 102 per barrel. Now a days Crude Oil trading at so many months High. Crude oil can be fall and could touch 96-94 levels within next couple of days.

Base metals News

Base metals traded in mixed trend on london metal exchange in asia on thursday.Now Copper is trading lower while other base metals are tradind in higher.

Base metal prices are likely to fall from present levels on the back of profit booking. Base metal complex may see correction of 3-5 percent in the next few trading sessions.
Metals complex may find its direction from global equity indices and currency movements in the near future.

Gold Future News

 Gold futures settled at a record high for the second consecutive session and silver rose to a fresh 30-year peak Wednesday as worries about inflation persisted and intensified Mideast unrest boosted the metals' attraction as safe haven investments.

According to UBS AG, Gold purchases in China, the world’s largest producer, climbed to 200 metric tons in the first two months of 2011 as faster inflation boosted consumer demand. Gold prices are expected to rise till 1500 USD per ounce.
Gold Trend Is High

Gold Reorganized by nearly 20 USD on Wednesday, breaking three-months old resistance to trade at a new all-time high. The metal remains well-supported in the uptrend and resistance at 1405 USD has become near-term support. As long as Gold holds above 1410 USD, analysts expect medium-term gains to a target above 1600-1580 USD. 
Today, Spot Gold fell by 0.40 percent to 1442.20 USD per ounce. Silver remains in negative territory which declined by 0.17 percent to 30.54 USD per ounce.
Investors remained cautious ahead to US non-farm payrolls data due tomorrow evening. Traders are keeping eye on US data before taking a fresh position. On account of weak US payrolls number,

The events in the Middle East are a significant game changer these days. Gold looks like seating on sea- saw move from morning. Gold and silver is already trading on higher end of the range. Precious metals prices paused at all time high levels ahead of US non-farm data due tomorrow evening.
Investors remained cautious ahead to US non-farm payrolls data due tomorrow evening. Traders are keeping eye on US data before taking a fresh position. On account of weak US payrolls number, precious metals prices might ease in coming trading session. Traders and investors are advised to trade with cautioun.
MCX Commodity Tips For Today