Commodity Market News 16 July 2011

Continues the trend of investors in commodity markets. Crude oil is up nearly 2 percent. Crude oil is trading at 97.5 dollars per barrel. Crude oil closed above $ 97 on Friday was Naimaks.  Gold prices also looks strong. 1592 dollars with gold trading at $ 3 is the fastest. Had closed Friday at $ 1590.  With silver edge is trading above 39 dollars. Friday Comaks 1 per cent silver closed at $ 39 was faster.

Commodity News For Monday 11 July 2011

Gold prices on Friday posted their biggest weekly rise since November 2009, achieved after a weak U.S. labor market report renewed fears about the health of the world's biggest economy and spurred safe-haven buying.

 U.S. crude oil futures ended 2.5 percent lower Friday, posting their biggest one-day percentage loss in two weeks, as a disappointing jobs report stoked more worries about oil demand. On the New York Mercantile Exchange, crude for August delivery settled at $96.20 a barrel, down $2.47, after trading between $95.60 and $99.18. The losses were not enough to erase gains for the week as oil prices continued to rebound from the four-month lows of late last month after IEA's announcement it was releasing 60 million barrels of government-held oil reserves from members. For the week, front-month crude rose $1.26, or 1.33 percent, from the $94.94 settlement of July 1, extending gains for a second straight week. 

Commodity Tips Silver , Crude Oil Tips Today 8 July 2011

Three days after the rapid decline in silver. MCX silver futures lost more than 1 per cent. Pressure is also traded on international markets. Around 1 per cent silver Comaks doing business with.

MCX Commodity Tips Today 8 July

Crude oil (August Futures): Sell - 4360, stoploss - 4410 and target - 4280

Silver (September Futures): Sell - 54 300, stoploss - 54 800 and the target - 53 200

Commodity Tips Gold Silver Copper View Today 30 June

Copper View For Today 30 June : -Copper is on our radar today. Copper Lead continues today on the business. In early trade after weak growth in foreign markets has had an impact on the domestic market. Today the Shanghai Futures Exchange Copper has touched the upper level of the last 2 months. The last session on the London Metal Exchange copper touched the 2-month high of $ 9320. 

Copper in domestic business environment of fast forward a few sessions of the intact and wear on the copper is 4 per cent in the last 3 sessions. Greek Parliament approved the plan to cut expenses so that Greece is looking to get some relief from distress. So the prospects of Greece moved to the debt crisis in the copper is to move upwards. 

Gold and Silver View For Today 30 June  :- Gold - silver has lost its strength. After opening up in early trading Ludhkkr gold on MCX is trading 0.25 per cent. Comaks slipped the gold is under $ 1510. The silver in the domestic business has come down to Rs 52,000. 

Commodity Tips For Today 21 June 2011

In terms of trading today, crude oil is the second largest copper. Today, nearly 40,000 lots on MCX Copper has been in the business. Talking about the initial rapid decline in prices is small. But prices are still above 400 per kg. Europe, although there are still negative sign. Import of Copper in China this year up about 32 per cent is expected to come. NCDEX July soybean futures have seen a modest growth in today. Soybean futures gained nearly 1 per cent currently doing business with. Exceeds the level of intra-soybean 2300. But the important thing is that this year's soybean crop is expected to grow.

Silver Intraday Tips Today 21 June

Silver (July Futures): Sell Below – 53,850, Stoploss – 53,950 Target – 53,150

Copper Intraday Tips Today 21 June

Copper (June Futures): Sell Below - 405, Stoploss - 406.50 Target – 399