Saturday, 28 April 2012

Silver and MCX Gold may Trade Today

Silver: Taking suggestions from progression of MCX gold expenditures moreover to a weakness in the US money collection served recognize gold expenditures to business higher by more than 1 % on Saturday. Moreover to this, good home sales information from the US led to great power feelings in the worldwide trading markets which provided further advantage in the bright precious metal expenditures yesterday. On the MCX, Gold May contract acquired around 1.3 % and hit an intra-day great of Rs. 56,047/kg on Saturday. More Information about Silver tips today visit the site

Thursday, 26 April 2012

MCX Gold Trading holds steady on Fed Meeting

Mcx Gold trading was constant around USD 1,643 an oz. on Friday, underpinned by more highly effective market stocks, but investors were also looking for recommendations of another round of quantitative decreasing when the US Govt Resource prevents of its two-day meeting. More Information about Mcx gold trading tips visit the site

Saturday, 21 April 2012

MCX Today Gold Traders Stay

Precious metal investors in Indian, the greatest customer of gold, remained away from new promotions prior to, a key silver buying celebration, early next week, as prices increased consistently for the third time in a row.More Information about mcx today tips visit the site

Thursday, 19 April 2012

MCX India platinum interest set to sparkle in 2012

A new jewelry agreement was released in Indian on Thursday to offer a industry where the go of the gold organization said imports could increase by almost 50 percent to 20-23 tonne this season. More Information about mcx tips india visit the site

Tuesday, 17 April 2012

Gold Mcx Intraday stay On Sidelines Due To weak Rupee

Jewelry Mcx Intraday refrained from taking new tasks on Thursday despite the the best possible buying interval, as the rupee's fall to a three-month low overlooked a price fall in the overseas industry, traders said. More Information about Mcx Intraday Tips visit the site

Saturday, 14 April 2012

MCX SILVER July Contract For MCX Trading Flat

MCX SILVER May agreement was dealing at Rs 56952.00 down Rs 42.00, or 0.07%. It moved an intraday great of Rs 57066.00 and an Mcx Intraday low of Rs 56808.00. So far 12368 agreements have been exchanged. More Information about Silver tips today visit the site

Thursday, 12 April 2012

MCX Gold Could Peak in 2013 after 12 year

A record high MCX Gold price above USD 2,000 an ounce next year could mark the peak of the precious metal's more than decade long bull run as monetary policy in key economies starts to tighten, the chairman of metals consultancy GFMS said on Wednesday. You have get more information about Free mcx gold tips visit the site

Tuesday, 10 April 2012

MCX GOLD GUINEA May Contract Trading Higher

At 15:35 hrs MCX GOLD Trading GUINEA April contract was trading at Rs 22439.00 up Rs 49.00, or 0.21%. It touched an intraday high of Rs 22509.00 and an intraday low of Rs 22369.00. So far 8749 contracts have been traded. More Information about Mcx gold trading tips visit the site

At 15:39 hrs MCX GOLD trading GUINEA May contract was trading at Rs 22649.00 up Rs 60.00, or 0.27%. It touched an intraday high of Rs 22699.00 and an intraday low of Rs 22598.00. So far 2689 contracts have been traded.

At 15:38 hrs MCX GOLD GUINEA June contract was trading at Rs 22829.00 up Rs 49.00, or 0.22%. It touched an intraday high of Rs 22889.00 and an intraday low of Rs 22799.00. So far 220 contracts have been traded.

Saturday, 7 April 2012

Silver: Poor Man MCX Gold Turning to fool's Gold?

Silver bulls may be hoping that the metal's healthy first-quarter price rise is the first step back towards record highs. Not so fast. More Information about mcx today tips visit the site

Its advocates say silver, which occupies a middle ground between industrial metals like copper and investment vehicles like gold, can benefit both from the fledgling economic recovery that is lifting copper and from the investment that is driving gold.

But record-high mine supply and questions over demand have left a long shadow over silver's underlying fundamentals, while huge price volatility last year, when the metal crashed 35% in a matter of days on two occasions, has undermined its appeal to investors as a cheaper alternative to gold.

Silver hit a record near USD 50 an ounce a year ago on the back of rallying gold prices, after precious metals became increasingly in demand as policymakers and markets struggled to recover from the financial crisis.

A recovery in MCX gold prices this year after late 2011's washout and decent seasonal coin-buying in January have helped silver to outperform other precious metals.

But gold itself is looking like less of a safe bet than it once was. As expectations for a fresh round of quantitative easing have receded, prices have surrendered gains and are now little better than flat on the year.

Fragile confidence

There is undoubtedly some good news for silver. Confidence in the US recovery remains fragile, and any fresh signs of a downturn could fuel speculation of further quantitative easing, lifting gold and consequently silver.

But overall, the picture for silver is darker this year than it was 12 months ago, and other metals have greater appeal. While prices may rise again, peaks are likely to be lower and shorter-lived than 2011's highs.

Tuesday, 3 April 2012

Govt Of India Slashes import Tariff Value of MCX Gold

The government today cut tariff value of mcx tips india gold for bulk imports to USD 539 per 10 grams from USD 573 per 10 grams. More Information about mcx tips india visit the site

For eligible passengers, the tariff value on has been raised slightly from USD 531 per 11 grams to USD 538, an official release said.

The tariff value is the base price on which the customs duty is determined

Tariff value on bulk silver imports has also been slashed to USD 1,032 per kg. For passengers, it has been cut to USD 1,034 per kg.

After the crude oil, MCX India gold is the most imported commodity in India in terms of value.

Bullion traders and jewellers have opposed the recent hikes in tariff value as it would hit demand as the increased costs have to be passed on to consumers.

Early this year, the government had changed the duty structure on gold and silver from specific to value-linked, making the precious metals more expensive.

The import duty on MCX gold was fixed at 2% of the value, instead of the earlier rate of Rs 302 per 10 grams. On silver, the import duty was pegged at 6%, as against Rs 1,500 per kg earlier.

India, the world's biggest consumer of Commodity Tips on MCX gold, imported 967 tonnes of gold in 2011.