Thursday, December 1, 2011

MCX Gold, Silver, Copper, Crude Updates and Tips Today

Yesterday was the Diwali day for trader who trading in MCX Commodity Market. Yesterday all products in MCX Commodity Market were closed at positive price. MCX Gold and Copper touch its highest level. MCX Gold touch the levels of Rs. 29,200 and MCX Copper touch the levels of Rs. 410. Today all are trading at negative price. MCX GOld, Copper, Crude and other base metals are trading at lower levels today. MCX Gold is again touch the levels of Rs. 29,000, MCX Silver is trading at higher prices. It may touch the levels of Rs. 55,800. MCX Gold, Silver, Copper and Crude were closed at positive price but today all are open at negative prices. We assume that all are trading same for the day.

MCX Copper may  note some decline tracking international exchanges. Support for December copper is seen at Rs.402 while resistance is seen at Rs.417. All base metals are trading on a negative note today.