Wednesday, 30 November 2011

Tips for MCX Gold and Silver

Gold Silver Trading Positive

MCX Gold and international Gold show positive response traded at Rs. 28868.0 touches the highest Intraday of 28905.0 and intraday of lowest of 28749.0, changes to 205.0 yet. Whereas international gold traded at Rs. 1,719.00, open at 1,714.00 reaches to 1,726.00 goes down to 1,712.90showing changes up to +5.60 so far. MCX commodity silver to trade at 54975.0 this which opens at 55005.0, touches to 55315.0 goes down to 54901.0. All these three commodities are leading today. Now let’s take a look of international crude oil showing some positive response opened at 110.80 touches to 110.80 and down to 110.41, it still trading at 110.67.

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.

Monday, 28 November 2011

MCX Commodity Updates

Bullion Business

MCX Gold prices reached to 28600 and maintain his position at 28302 and also the MCX silver still getting down because of the global crisis. Today it likely to be the negative day for the silver. Earlier it after dropped to 950 point which is the big loss and the expert cue, MCX silver will be in loss for the upcoming days.

Crude Oil were closed on 5045 and likely to be reached 5085 by today on the other the base metal copper still weighing to be loss.

Saturday, 26 November 2011

MCX Gold Falling

The India’s biggest investor of the bullion product like State bank of India, Scotia Mocatta weighing about the prices likely to be fall down more than over 3.5 % after hiked 16% rally last quarter. This month gold reaches to 29,212 per 10gm on Tuesday from where it has slipped to be at 28,440 on Friday morning. The another big news from share market once again Indian currency get down on Friday by 0.3% i.e. 52.07 to 52.46. and also the finance minister today approved 18 FDI proposal including Dish TV and MCX product. The proposal will cleared after the recommendation of foreign investment promotion board.

Friday, 25 November 2011

MCX Gold and Silver Updates

Lately, the Kotak reported on the bullion commodity MCX Gold Dec. contract is seen at Rs 28350 while Resistance is seen at Rs 29100. After inflation Indian share market passing through recession that’s why US market getting high. Their currency reached to 52 rs for 1 $. So, they are looking for some semi investment in the market with the collaboration of the company. The international exchange reported MCX Silver commodity cue to minor falls today meanwhile COMEX Silver traded low after hike yesterday. MCX Silver Dec. contract is seen at Rs.55300 while Resistance is seen at Rs.58500.

Thursday, 24 November 2011

MCX Gold Updates

Gold and Silvers gets down by 1% and 3% respectively. The gold prices get down on the MCX by 1.01% at 28,566 rupee per 10 grams, after falling to 28,508 rupee earlier in the day. While the overseas market have the same position as well. The Indian rupee, which plays an important role in determining the landed cost of the dollar-quoted yellow metal, bounced more than 1 percent on Wednesday, a day after the currency had slumped to an all-time low. Silver retreated from previous session's gains and declined more than 3 percent to trade at 55,332 rupees per kg. After getting a fall in the market the dollar get high at 52 rs. of 1 dollar approximately.

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Wednesday, 23 November 2011

MCX gold, silver prices may hike

"MCX Gold Silver Tips"

It is likely to be good positive day to invest for MCX gold, silver, copper, crude oil and all other base metals the expert aimed. It is cue that MCX gold prices should be raised by 2% in compared to yesterday market. It is assumed to be the prices of MCX gold, silver and all base metals may get hike.

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Tuesday, 22 November 2011

Best Tips for MCX gold

"MCX Gold Trading Tips"

Today all the sectors in MCX Commodity Market are trading at higher prices, only MCX Natural gas is trading at lower prices trading for MCX Gold, Silver, Copper, Crude Oil and other base metals are positive OR higher prices. MCX gold and copper can have a positive response.

Still gold faces resistance at 28700 in MCX. Base metals are expected to remain sideways with lack of clear direction due to Greece crises. whereas copper possibly between the 370-395. Crude Oil after a steady position it might go a bit down after a last three months.

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