Showing posts with label crude oil. Show all posts
Showing posts with label crude oil. Show all posts

Thursday, 1 December 2011

All MCX commodities Prospects to Trade Positive

Hardly Petrol Prices Downs

After inflation barely, Petrol companies finally agreed to decrease their petrol prices and which applied it sine today. Today all MCX commodities show a positive trend. MCX Gold begins 29035.0 and pick up hike to 29140.0 and get down to 29304.0, finally it trading at 29116.0 And whereas the international gold didn't shows a too much changes but showing a positive response which opens at 1,752.0 hikes to 1,754.30 and down to 1,748.20 and training at 1,750.80.MCX silver showing the positive trends as well which open at 55900.0 hikes to 55900.0 and get down to 55066.0. Finally trading at 55600.0, meanwhile international gold were trading at 110.80 got a very minor change +0.28. Report at 11 a.m.

Tuesday, 29 November 2011

Risk for Intraday Trdaers on Gold and Silver

Crude Oil Petrol Prices may get down

MCX base metal copper which it was accepting to be get loss, maintained his position at last trading Minutes at 387.25 after crossing to 394. Yesterday copper traded from 376 - 394 and finally it getClosed at 387.25.MCX petrol prices may get down by Rs.1 the discussion is still been going on, it’s not cleared yet. Probably might chances of getting down.
After falling US stock market, dollar was on peak since last seven weeks as compared to Indian rupee, just getting down into dollar indian market looking remain its position. That’s the reason gold have profited of 1%.But the experts review still gold and silver will have negative role today itself which will gains to other base metal.