MCX Gold Silver Trend Today 30 March
MCX Gold Trend Today :- International Market Gold and Silver is seen increasingly. COMEX Gold is trading above half percent at 1665$ while Silver is trading at 32/Oz with with 1% up. Domestic Market Gold closed at 28200 on Thursday with 0.23 fast while Silver closed at 56771 with lead of nearly half a per cent . The the U.S. commodity markets have hit because of in Budget announcement of excise duty on Gold. Most of Gold import from India. According to experts import duty on Gold in quarter demand could drop by 60%. UBS also estimates Gold price in 2012 to $ 1680 / Ounce have reduced 18%.
Crude Oil Trend :- NYMEX Crude oil is trading with half per cent bounce, but price is 103 dollars a barrel. MCX Crude oil closed below 5,300 on Thursday with at 2 % declineBase Metals Trend Today :- London Metal Exchange Copper is seen moderately fast. Domestic Market Copper closed at Rs 431 on Thursday with light fast. Domestic Commodity Markets Base Metals continued to weakness trend. MCX Base Metals has declined slightly. Zinc has been minor decline and copper is trading at Rs 431.65 with weakness. Aluminum and lead have declined by 0.2%.
MCX Base Metals Tips Copper and Aluminum Tips Today
Copper April Futures Stoploss - 428, Target – 440.
Aluminum April Futures Sell - 110, Stoploss – 112, Target - 107.
