Wednesday, October 5, 2011

MCX Gold Futures, Silver, Base Metals, Crude Trading Tips Today

Gold futures closed lower Tuesday. Spot Gold is currently trading at $1627, it is up by $2 for the day. MCX Gold Dec is trading at Rs. 26160, it rose by Rs. 150 for the day. Silver spot market is trading at $29.74, it is down by 43 cents. MCX Silver Dec contract is trading at Rs. 50229, it is trading flat for the day. Crude Oil is currently trading at $78.17 a barrel on the New York Mercantile Exchange. MCX Crude Oct is trading at Rs. 3855, it is trading up by Rs. 60 for the day. All base metals are trading in the positive territory today.

Precious metals
are trading higher on COMEX today. We expect prices to trade higher for the day. Base metals are trading higher on International bourses today. We expect prices to trade higher for the day. Crude oil is trading higher on NYMEX today. We expect prices to trade higher.

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