MCX Gold and Copper Tips and Gold Trend For Today 28 May 12

Posted by Naresh Tomar on Monday, May 28, 2012


Gold Trend Today :- Despite of strong International Markets, Domestic Market's gold and silver atmosphere is lethargy today. Gold and Silver on pressure due to strong Rupee. MCX Gold is trading at Rs 28 930 with flat business while Silver is trading at Rs 54 555 with marginal gains of 0.15.

MCX Gold Tips :- Gold June Futures Buy - 29050, Stoploss - 28700, Target - 29 400.

There is strength in crude oil. NYMEX Crude Oil is trading around $ 92/ barrel with 1% up. MCX crude oil declined 0.5% and price has risen to Rs 5080. MCX Base Metals seem mix business today. Copper has gone up 0.5% and there are some weakness in Aluminum and Lead.

MCX Copper Tips :- Copper June Futures Buy - 421, Stoploss - 415, Target – 430.

NCDEX Chana has strength of 1.5%. Chana June futures price has risen beyond to Rs 4,200. NCDEX Barley declined by 1.5%. Potato and Turmeric also has declined by 1%.


MCX Tips for Today

Here we daily post MCX Tips for Today for Bullion Commodity Gold Silver, Energy Crude Oil and Natural Gas and Base Metals - Copper, Zinc, Aluminum, Lead and Nickel Tips trend and trading levels for today.
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