The bullishness in the international market is been visible in the domestic market too gold and silver.
The yellow metal has strengthened 0.2 per cent on MCX and silver have been strengthened 0.5 percent. While on COMEX around 1 per cent on gold and 0.4 percent on silver have climbed up. NYMEX crude oil has increased 0.25 per cent. Although crude oil has slipped in the domestic market. Copper on the London Metal Exchange has seen sluggish.
The MCX gold is trading close to Rs 30,900. The silver has risen to Rs 59,300. Slipped 0.1 percent on MCX crude oil is trading at Rs 4,643. Natural gas fell by 1.5 per cent. MCX mixed in the base metals business is being witnessed. Copper and Lead in the 0.2 to 0.1 per cent has weakened. Nickel and zinc gained 0.25 to 0.1 per cent.
Meanwhile on NCDEX Cumin November futures dropped 1 per cent has come down to Rs 15,000. However NCDEX soybean November futures around Rs 3,300 with a gain of 1.5 per cent is reached.
Commodity Tips for today 25th Oct 2012
Natural Gas MCX (November Futures): Buy - 180, stoploss - 175 and the target - 195
MCX Nickel (October Futures): Buy - 865, stoploss - 844 and the target - 905
Soyatel NCDEX (November Futures): Buy - 685, stoploss - 680 and the target - 692
Sugar NCDEX (November futures): Sell - 3275, stoploss - 3300 and target - 3240