Monday, October 10, 2011

MCX Bullions Trading Tips, Commodity Market Trading Tips

Today both MCX Bullion Metals MCX Gold and MCX Silver are trading on higher prices. MCX Gold is trading above Rs. 26,000 and MCX Silver is trading above Rs. 53,000. In Base Metals, MCX Copper, Aluminium, Zinc, Lead are also trading at higher prices today. MCX Copper is trading around Rs. 360. MCX Crude Oil is also trading at higher prices. Its is trading above Rs. 4100.

Copper noted biggest weekly gains in more than six months amid improving global sentiments. Base Metals may witness range bound movement this week.

NYMEX crude rose 4.8% last week marking its first gain in three weeks. 
NYMEX natural gas fell 5% last week marking its fourth weekly decline. 
COMEX gold rose 0.8% last week marking its first gain in five weeks. 
COMEX Silver rose 3% last week marking its first gain in five weeks. 

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