MCX Gold trend Today | MCX commodity news| MCX Gold tips

Gold costs fell by 0.22 for every penny on Thursday as a more grounded dollar diminished the offer of gold as an option resource. More grounded greenback makes the bullion costly for those holding different monetary forms, in this way diminishing interest. Gold fates for June 2016 contract, at MCX, were exchanging at Rs. 29,869 for each 10 grams, around 0.22 for every penny in the wake of opening at Rs. 29,886 against the past shutting cost.

Expert's call

Sell Gold MCX   at Target   29800 and  SL 30200

Buy Silver MCX at Target  41800 and  SL 40850

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MCX gold Tresnd Today | MCX commodity tips

Gold costs picked up hardly by 0.05 for every penny on Tuesday after blended buyer and maker value information from China. CPI for April fell 0.2 for each penny month-on-month obviously and at a 2.3 for every penny pace year-on-year, a smidgen lower than the 2.4 for each penny pick up seen. PPI for April year-on-year fell 3.4 for every penny, contrasted with a normal drop of 3.8 for each penny

Expert's Call

• Buy Gold   at Target 29950/29980 and Stop Loss 29550
• Sell MCX Crude Oil at 2900-2904 Stoploss above 2964 target 2800 Current Market Price 2900

MCX Commiodity Tips | MCX Gold Trend Today| Intraday Tips for 9th May 2016

As the bullion market stayed low for continuous months, goldsmiths on the event of Akshaya Tritiya today are expcting atleast a 10 percent ascend in deals. Indians mark Akshaya Tritiya as an event to buy gold and the underlying input from the exchange is an expansion sought after, where both wedding adornments and additionally venture items, similar to coins and bars, have done well.

Experts's Call-

• SELL Crude Oil MCX at Target 2980 and  SL 3060.

• Buy Silver MCX  at Target  41850 and Stop Loss 40812. 

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