MCX Expert Tips

GOLD Mcx July : - Adverse tendency is in advance provided that 29950 area hats the benefit for the day and such weak point may side down costs towards 29720/600 or even more towards 29470 stages. Even though in this hopeless image, a straight increase above 30010 area could adulterate our bearish perspective and analyze 30110/250 or even greater towards 30320. SILVER Mcx Aug : - Existing selling

"Gold" costs increased by Rs 330 to Rs 30,700 per 10 gm, while "Silver" obtained Rs 1,300 to Rs 54,500 per kg in the bullion market here these days on development of need and powerful hints from the global markets. Traders said while gold increased on appearance of buying by stores and jewelers for wedding season, silver obtained on increased offtake by business systems and coin manufacturers. GOLDPETAL

GOLD – AUGUST - Moody's reduced the rankings of some of global greatest bank by one to three steps, showing the risk of failures to those financial institutions from investment market. Increasing concerns over debt disaster in the Money area and US Government Reserve's plan choices, encouraged traders to stay away from gold and desired protection in US dollar. MCX Gold Aug in the other day made

MCX SILVER July agreement was dealing at Rs 53101.00 up Rs 204.00, or 0.38%. The SILVER amount shifted an intraday great of Rs 53164.00 and an intraday low of Rs 52553.00. SILVER costs have shifted down Rs 16983.00, or 24.22% in the July series so far. MCX SILVER Sept agreement was dealing at Rs 54400.00 up Rs 220.00, or 0.40%. The SILVER amount shifted an intraday great of Rs 54458.00 and an

Indian gold futures trading are likely to improve profits this week to hit a record high, on objectives of a further devaluation in the rupee and financial reducing by the US Federal Reserve. Gold should sustain the upwards tendency until at least the next day. Tomorrow being the FOMC announcement. The most-active Gold for Aug delivery on the MCX was 0.17% greater at Rs 30,368 per 10 gm, after

Taking a six-session long increasing ability, Gold today dropped from history by dropping Rs 70 to Rs 30,510 per 10 gram in the national capital investment on decreased offtake at existing higher levels. However, silver retrieved by Rs 270 to Rs 55,100 per kg on clean purchasing by business systems and gold coins makers. Investors said drop in need at current greater stages mainly take down

Bullions - Gold is set to relocate for a fifth day in the lengthiest successful ability since Apr on rumours that the U.S. Government Source will take additional actions to buoy the economic climate, possibly decline the dollar. Immediate-delivery gold was little modified at $1,617.58 an ounces in Singapore after getting 1.7 % in the before four days. August-delivery bullion was also little

European shares are dealing on a positive observe on the back of news that The spain will sign memorandum of understanding for its organized financial save package somewhere around Twenty-first June and European Nation peak organized on Twenty eighth May. Asian markets finished on a negative observe and US stock futures trading are dealing in gree

Indian Gold dropped almost a percent from the past day record high as the rupee hit its most powerful level in two weeks and international Gold prices dropped, though physical investors patiently waited for bigger comes before coming into deals. 1.  Most active Gold for Aug shipping on the MCX was 0.82% lower at Rs 29,811  per 10 gms, dropping from the past daily history of Rs 30,284. 2. 

MCX GOLD : - International: Major Support at USD1550. Bullish till USD1600. Domestic: Buy above 30010, Stop loss 29940, Target 30110. MCX SILVER : - International: Major Support at USD25. Bullish above USD27. Domestic: Buy above 54240, Stop loss 54100, Target 54380. MCX COPPER : - International: Major Resisatnce at LME 9610. Bullish till LME 8400. Domestic: Buy at 410, Stop loss 408, Target

Gold increased 4% on Friday, its greatest one-day hike of more than three years, as a amazingly poor US payrolls review added to concerns about a international economic recession and driven talk of further US financial reducing. The precious metal fell in early trading, then rebounded USD 60 an ounce from its session low as funds piled into gold for protection against economic uncertainty after

MCX Copper Jun futures trading is dealing in negative area these days. MCX Copper Jun future prices were under pressure these days. MCX Copper started out these days at Rs 427.50 near to its previous ending of 427.95. It is dealing at the moment at Rs 424.80 down by 0.80% per Kg. MCX Aluminum May futures continues to remain subdued on global trends opening at  Rs 111.10 and is trading flat