Tuesday, July 12, 2011

FREE MCX Commodity (GOLD, COPPER, CRUDE) News Today

Spot gold steadied above $ 1,550 on Tuesday. Gold may remain in range of  Rs. 22,400-22,600 while silver may remain in range of Rs. 53,000-54,500. Copper and other base metals may tad lower and can see some profit booking. Zinc can tumble further lower and can test 101-102 in MCX. Crude oil may also trade in red tracking weak overseas cues. Crude prices can trade in range of Rs. 4,150-4,300 in near term. 
  • Precious metals are trading higher on COMEX today. 
  • Base metals are trading marginally lower on International bourses today. 
  • Crude oil is trading lower on NYMEX today.
  • MCX Gold August contract is currently trading at Rs. 22577, it rose by Rs. 105 in today's trade.
  • MCX Silver July is trading at Rs. 53787, it is trading flat for the day. 
  • MCX Crude Oil July is trading at Rs.  4206, it is trading down by Rs. 15 for the day.
  • All Base Metals in MCX are trading flat for the day.