Domestic
Markets Gold and silver is to get pressure due to weakness in
International Markets. Crude Oil is rise today. NYMEX Crude Oil has
been strengthened of 1%.
MCX
Gold with 0.5% down is trading around Rs 30,000. while Silver with
nearly 0.5% weakness is trading at Rs 54 320. MCX crude oil is
trading at Rs 4,700 with boom of 0.5%. MCX Base Metals seems mix
business today. Aluminum, lead and zinc recorded 0.25 to 0.5% up.
Copper and nickel is seen on selling pressure.
MCX
Gold and Copper Tips for Today
Gold
August Futures Sell - 30 100, Stoploss - 30300, Target – 29800.
Copper
June Futures Buy - 416, Target - 425, Stoploss - 410.
