Sandeep Verma

Friday, May 17, 2013

MCX Tips - Gold Silver Today 17 May 2013


After Thursday's recovery in the international market, Gold has come again under pressure. Currently COMEX gold is trading below $ 1,390 and Silver also under pressure and is trading around $ 22.5. While NYMEX Crude Oil slipped 0.25% is trading below $ 95.

In terms of domestic markets MCX Gold dropped 0.5% is trading at Rs 26 040. Silver is around 1 % down to Rs 42 900. However Crude oil rose marginally to 0.1% is trading at Rs 5210.

While Natural Gas has risen 0.2% higher to around Rs 216. Base Metals has gained 0.1-0.3 %. Copper is trading over 0.2% higher at Rs 401. Aluminum 0.1%, nickel 0.3%, and Zinc, lead gained 0.25% to 0.1%.

MCX Tips – Gold Silver

Gold June futures Sell - 26200, stoploss – 26300, Target – 26000.

Silver July Futures Buy - 43 350, stoploss - 43 550, Target – 42800.

MCX Commodity Live Prices and Rate

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The usage of this blog confirms to the policy that the investment in stock market has inherent risks and author or his clients may or may not be following the recommended.The author will not be held responsible for any loss incurred by following the advice.