Showing posts with label daily commodity market news. Show all posts
Showing posts with label daily commodity market news. Show all posts
Monday, February 27, 2012

MCX Commodity Tips ~ Intraday market updates today 27 feb 2012

Bullion counter is expected to remain sideways with some profit booking seen at higher levels. Gold prices can trade in range of 28,500-28,900 while silver in range of 58,000-59,000. In base metals Copper may trade in range of 415-420 while lead may remain in range of 105.50-107.50 and nickel in range of 970-990. Crude oil can also witness some profit booking at higher levels. Crude oil can trade in range of 5,350-5,450. Natural gas can also trade in range of 130-135.

MCX Gold may touch the levels of Rs. 29,000 and Silver may touch the levels of Rs. 60,000 in upcoming trading session. Copper has broken the uptrend line support and now 425 becomes its crucial resistance level. It has a good support of 404 level and final crucial support for it is 399 levels.

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Monday, January 16, 2012

MCX Trading Tips - Gold, Silver, Copper Crude Tips Today

Precious/Bullion metals (Gold and Silver) are trading higher on MCX commodity market today. We expect prices to trade lower for the day on account of a strong dollar after mass downgrades of euro zone nations by Standard & Poor's on Friday.  All base metals are trading lower on International bourses today. We expect prices to trade lower for the day. Crude oil is trading higher on MCX commodity today. We expect prices to trade higher for the day.


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Monday, January 2, 2012

Today Commodity Market News and Trading Tips


Today is the new day in new year for trading. Gold, Silver, Copper, Crude all are trading at postibve price. Gold is trading above Rs. 27,000 and Silver is trading above Rs. 51,000. MCX Copper is trading in the range of Rs. 405-408 in today's trading session. Crude Oil is trading above Rs. 5300. Gold price may touch the levels of Rs. 28,000 and Silver Price may touch Rs. 53,000 in upcoming trading session. MCX Copper is also touch the high levels of Rs. 415 in upcoming trading session. All base metals are trading at higher levels today. We expect that all are trading at higher prices for the day.
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