Wednesday, July 27, 2011

MCX Commodity Market Report | Gold & Silver Tips

MCX Bullions may open on positive note today after long gains on yesterday. MCX Gold can trade in range of Rs. 23,100-23,250 while MCX Silver can trade in range of Rs. 59,000-61,000 in near term. Base metals may remain on volatile note as the uncertainty regarding the US debt crises continue to keep upside capped. Copper Prices down on Wednesday. MCX Copper may trade in range of Rs. 430-438 in near term. Crude oil may dip lower on profit booking. Crude  oil is trading near $100 a barrel.

Precious metals are trading marginally higher on COMEX today.
Base metals are trading marginally lower on International bourses today.
Crude oil is trading marginally lower on NYMEX today.

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