MCX Tips For Today : Gold Silver and Copper

Posted by Naresh Tomar on Friday, June 8, 2012


Because of sharp decline in COMEX, Domestic Market Gold and silver looks weak. NYMEX Crude Oil slipped 2% and LME Copper decline by 1%. MCX Gold is trading at Rs 29 170 With 0.5% down. While silver has been 0.5% fall to Rs 53 725. MCX Crude oil slipped 1.5% and is trading at Rs 4625. MCX base metals is seeing weakness of Around 0.25 to 1%. MCX Copper is trading at Rs 407.35 with Around 1% weakness.

MCX Tips for Today

Copper June Futures, Sell – 412, Target – 398, Stoploss – 415.1.

Gold August Futures, Sell - 29 580, Stoploss - 29 740, Target – 28800.

Silver July Futures, Sell - 54 950, Target – 52800, Stoploss - 55 400.

NCDEX Trend :- NCDEX cotton cake is in declining trend. NCDEX cake cotton July futures is trading below Rs 1,200 with declined about 1.5%. However NCDEX Maize and Soybean strength by 0.5%.

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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