MCX Silver Tips, MCX Gold, Copper Updates, Crude Updates 23 march 2012

Today MCX commodity market is trading totally opposite as compare to yesterday. Today Bullion metals MCX Gold and Silver are trading at positive note. Gold may touch the levels of Rs. 28,000 and Silver is trading in the range of Rs. 56,400-56,600. All base metals are trading on a positive note today. Support for April copper is seen at Rs.426 while resistance is seen at Rs.436. In Energy Crude oil is trading at positive price and natural gas is trading at negative price. Crude oil is trading in the range of Rs. 5420-5460 today. We expect that all may trade same for the day.

MCX Commodity Updates on Mobile CLICK HERE Crude Updates

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MCX Silver Tips ~ Commodity Market Updates Today

Precious metals are trading flat on MCX today. Gold is trading in the range of Rs. 27,750-27,900 and silver is trading in the range of Rs. 56,600-56,800. We expect prices to trade lower for the day. All base metals are trading lower on International bourses today. We expect prices to trade lower for the day. Support for April copper is seen at Rs.426 while resistance is seen at Rs.436. Crude oil is trading lower on MCX today. It is trading in the range of Rs. 5400-5500. We expect prices to trade lower for the day.

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MCX Intraday Tips ~ Commodity Market Updates Today 21 March 2012

MCX Silver Tips, MCX Gold:
Gold futures may trade on positive path tracking firm international markets while depreciation in local currency will also support domestic gold prices. Gold can trade in range of 27,750-28,000 while silver in range of 56,000-57,500. Gold prices edged higher on Wednesday after dropping nearly 1% in the previous session.

MCX Base Metals Tips, Copper Updates:
Base metals may witness some short covering after sharp selling pressure yesterday. Copper may trade in range of 428-435 while lead can trade in range of 101-103.50 and zinc in range of 101.50-103.50. Support for April copper is seen at Rs.426 while Resistance is seen at Rs.438.

MCX Energy Tips, Crude Updates:
Crude oil may witness some short covering after yesterday selling pressure and can trade in range of 5,350-5,450 while NYMEX crude can trade in range of $106-107.50 in near term.

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MCX Silver Tips, Copper Updates, NCDEX Live, MCX Gold Today

Gold futures may remain on weaker path tracking subdued international markets. Gold can trade in range of 27,750-28,000 while silver in range of 57,000-57,500. Base metals may remain in range with some profit booking can be seen at higher levels. Copper may trade in range of 430-438 while lead can trade in range of 103.5-106 and zinc in range of 102.50-105.50. Crude oil may witness some profit booking at higher levels and can trade in range of 5,400-5,550.

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MCX Gold ~ Intraday Commodity Market Updates Today 19 March 2012

MCX Bullion Tips (MCX Gold, Silver Trend):
Precious metals are trading higher on MCX commodity market today. Gold and Silver both are trading at lower prices today. Gold is trading in the range of Rs. 27,700-27,900 and Silver is trading above Rs. 57,000. We expect prices to remain under pressure.

MCX Base Metals Tips (Copper Updates):
Industrial metals are trading lower on International bourses today. Copper is trading in the range of Rs. 428-435. We expect prices to trade lower for the day on account of worries over the demand outlook for top consumer China.

MCX Energy Tips (Crude Updates):
Crude oil is trading higher on MCX today. Crude oil may touch the levels of Rs. 5500 in upcoming trading session. We expect prices to trade higher for the day.

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