Monday, December 12, 2011

MCX Gold and Silver Tips - Copper Updates, Crude Updates

Today all products in MCX Commodity Market are trading at negative prices. MCX GOld, Silver, Copper, Crude and other base metals are trading at lower levels today. MCX Gold is trading below Rs. 29,000 and MCX Silver is trading near at Rs. 56,300. MCX Copper and Crude prices are also very down. MCX Copper is trading below Rs. 410. We assume that all are trading at lower levels in today's trading session.

Gold futures may trade in consolidation as international prices are trading in negative zone. Copper futures may trade sideways facing resistance near 415.70 levels. Crude oil futures may trade sideways.

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