Thursday, July 7, 2011

FREE MCX Trading Tips and Commodity Market News

Bullions may open on firm note tracking positive international cues. Gold may trade in range of Rs. 22,200-22,400 and silver may trade in range of Rs. 53,500-55,000 in domestic market. Base metals may open on flat note amid mixed movement in SHFE. Copper edged down on Thursday. Copper may trade in range of Rs. 420-430. Energy prices may trade on firm path tracking firm international cues as it can test 4400 in domestic market.
  • MCX Gold August contract is currently trading at Rs. 22244, it is trading marginally positive for the day. 
  • MCX Silver Sep is currently trading at Rs. 54320, it is trading up by Rs. 235 for the day.
  • MCX Crude Oil July contract is currently trading at Rs. 4331, it is marginally up by Rs. 31 for the day.
  • Gold prices extended their rally mood for third consecutive session on Wednesday.
  • Copper prices finally snapped the six session gaining streak as investors opted to book profits. 
  • Crude prices settled marginally lower on Wednesday.

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