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Monday, December 5, 2011

MCX Commodity Gold Silver News and Trading Tips

Gold and silver have been sluggish since the beginning of the session today. With slight decline on MCX, Gold futures is trading at Rs 29150. In the domestic market, silver is trading at Rs 57175. On International market also a slight decline has been seen in in COMEX gold, and Silver . The over all trend is consolidated .


Buy Gold above 29170 TG-29250-300 SL- below 29100 else below 29000 go for sell

Buy Silver above 57300 TG-57600-57800 else below 56800 go for sell .

Saturday, December 3, 2011

Commmodity daily Newsletter for Today


Domestic commodity Market performed well on the last trading day of the week. Gold and Silver have been risen 0.25% and a rise of more than 0.50 % is seen in crude oil prices.
Both The commodities are looking positive for Next trading session.

Copper remained range bound and ended with slight loss. On Monday, copper may remain positive above 409 level.

NYMAX Crude has bee strengthen due to increasing unemployment rate in America. NYMAX crude has surpassed $101 level.

Friday, December 2, 2011

MCX Commodity Copper Updates and Trading Tips for Today

The downtrend seen in Copper on yesterday has vanished away today due to weakenign dollar. LME copper has reached upto $8000 per tonn. On domestic market also Copper with nearly 1.20% rise, is trading around 409.50. Metals other than copper in base metals is also gained. On MCX, aluminum, nickel, lead and zinc are trading with a rise of more than half per cent.

One can Buy copper above 409.50 for TG- 412.50 Stoploss below 406.

Thursday, December 1, 2011

Commodity Gold and Silver Updates Today: MCX Tips

On MCX, selling pressure is being seen in gold. International market is having an impact on the domestic market and prices started falling down again. But Prices are still trading above 29000 mark
Silver on MCX has recovered to some extent .  In international market, Silver has gained significantly today result of which has been seen in MCX as well. In domestic market silver is trading above 55500 level. If it manages to stay above the same in consistent way, we can expect prices to touch 56000 soon.

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MCX Commodity Trading Tips For Today

GOLD REVERSES GAINS ON FIRM DOLLAR; EUROPE EYED.
OIL PARES SECOND MONTHLY GAIN AFTER U.S. CRUDE, DISTILLATE STOCKPILES RISE.
LME COPPER FALLS 1.8 PCT AS EURO ZONE WOES WEIGH.
INDIAN SPICES TRADE LOW ON DULL DEMAND.

Wednesday, November 30, 2011

MCX Commodity Tips - Copper Intraday Call For Today

Copper has been a downward trend today. Copper 1.5 per cent fall in the domestic market is trading at Rs 380.75. Copper on the London Metal Exchange have fallen strongly. Copper on the London Metal Exchange lost nearly 1.5 percent.
Eurozone debt crisis of the global demand for copper has increased fear of falling. Copper on the London Metal Exchange in November declined by 6 per cent. Copper on the LME so far this year has declined by 22 per cent. But Chile's largest copper mine strike in the fall of copper has control.

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.

Tuesday, November 29, 2011

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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