Tuesday, March 24, 2015

Crude Oil Updates and MCX Bullion Tips For Today: 25th March

MCX Tips, MCX Gold Tips, MCX Silver Tips, Commodity Tips Today, Crude Oil Tips, Crude Updates for 25th March

Gold Silver COMEX Updates
Gold and silver prices are up in the international market continues. Gold and silver prices  have shown upmove for the fifth consecutive season. COMEX gold price are trading at the high of last 3 weeks.
Commodity Experts say that gold and silver prices are up mainly because of the sharp pressure in global stock markets and investors against risky assets to secure the trend of investment in gold is rapidly returned.

MCX Bullion Tips For Today
We expect that COMEX gold will the a short term target of $ 1200 and more from here. COMEX gold is currently up by 0.20 percent at $ 1190 per ounce. However, with minor speeding silver is also trading at a level of $ 16.95 per ounce.
On other side MCX Gold also having a price relly at 26422 to 26488 level while it may see 26235-26132 levels in downside. Trading range 26100-26450 because of bullish trend Correction is expected.

Crude Oil Updates
Crude oil at NYMEX for May expiry was all over the place wherein the commodity at one point of time hit a high near $48.50 per barrel, adding more than 2% from Monday’s closing however finally finished just 0.13% higher to $47.50.
At local markets, we saw crude oil closing higher by over 2% above the Rs 3000 per barrel level wherein we should see gap-down opening in oil today at MCX.

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