After
yesterday's sharp decline Mcx gold-silver are steady, Mcx gold august
contract is trading high 0.37% or rs 103 at 27865 while
silver is trading up 0.39% or rs 173 at 45085.
In
the international market price of crude oil has come down to $ 101
again. Base metals trading is now very sluggish. Despite
this
slowdown aluminium
is over Rs 115 on MCX . Copper is trading above Rs 430. The thing to
note on the LME zinc price has reached a height of 3 years.
Mcx
gold sell 27900 target 27805/ 27755/27705 stoploss 28100
Mcx
silver sell 45150 target 44985/44885/44785 stoploss 45500
My Gold Trading Advisory Company suggested that the Gold and Silver trading range for the day is 27353-28509 and 44250-46182 respectively.
ReplyDeleteCopper prices fell to their lowest level in more than five weeks Wednesday, pressured by a stronger dollar and concerns about growth in China, the world's largest consumer of the metal.
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ReplyDeleteCrude prices staged a three-day rally last week amid expectations members of the Organisation of the Petroleum Exporting Countries (OPEC) and non-members such as Russia would extend production cuts beyond June.capitalstars
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