Monday, August 27, 2012

MCX Tips For Today: Gold Has Touch A Record Level

Gold has Touch a record level today

After a boom in the international market, the domestic market is also beginning with strength in gold and silver. Nearly 2 per cent to 0.3 per cent of gold and silver on COMEX have been strengthened. 1 per cent of the crude oil has up in NYMEX. Copper on the LME was up by 0.25 per cent.

MCX Gold touched a record level of Rs 31091. Strength and weakness in the rupee against the dollar in the international market, the prices got support. The silver gained more than 1 per cent of the price of Rs 58,000 has been crossed. The October futures on MCX gold touched a record Rs 31091. Currently, 31070 with a gain of 0.4 per cent on MCX gold is trading at Rs. With 1.5 per cent, while silver is trading at Rs 58 360. Up 1 per cent on MCX crude oil is trading at Rs 5415. In base metals on MCX gained 0.3-0.8 per cent. Crude oil has accelerated. Domestic and international market, crude oil prices have jumped by 1 per cent. Projected reduction in supply of crude oil prices got support.

MCX Tips For Today

MCX Crude oil (September Futures): Buy at 5365, stoploss: 5330 to get the target of 5415.
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