MCX base metals on the London Metal Exchange is
seeing strong. mcx tips for Copper trading at Rs 429.70 with a gain of 0.6 per cent is.
Aluminum and lead gained in the 0.6-0.8 per cent. The nickel and zinc has
gained more than 1 per cent.
Copper on the London Metal Exchange touched a
record level of 7679 dollars per tonne, which is a record level of 1 week. The
copper on the London Metal Exchange was trading near $ 7667. Metals on the
London Metal Exchange stocks fall sharply due to seeing. Despite China's poor
PMI figures in August Metals is looking up.
However, with a decline of 0.5 per cent to close
at MCX gold is trading at Rs 31,200. While silver dropped 0.1 per cent to Rs
59,000 is down. At the Mcx crude oil tips slipped 0.5 per cent is trading below Rs
5350.
Meanwhile on NCDEX dropped more than 2 per cent
cotton has come to Rs 1,000. Slipped 2 per cent of wheat is trading below Rs
1,550. Potatoes declined by 2.5 percent and the price is Rs 1,075. Cotton
missed December, January and February futures have declined 2.5 per cent. On
the NCDEX Castor Seed Coriander and gained 1.5 percent.
International commodity market is witnessing huge
shopping environment. Comaks the gold is approaching $ 1,700. Crude oil also
looks good lift.
Comaks currently at 1695.25 dollars per ounce
gold, with a gain of 0.6 per cent is trading at. With 2.6 per cent the Comaks silver tips is trading around $ 32.30. Copper updates on LME is seeing a slight edge.
Meanwhile, the crude oil Naimaks with 0.8 per
cent is trading at 97.20 dollars a barrel. Brent crude on the ICE with a gain
of 0.25 per cent to $ 116 a barrel reached.
Today's commodity tip...
ReplyDeleteGOLD (5 DEC.) TREND: CONSOLIDATE
RES 1: 30400
RES 2: 30550
SUPP 1: 29900
SUPP 2: 29700
STRATEGY: SELL ON HIGHS
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