MCX Gold Silver Tips

MCX Gold Tips Today

MCX Gold has been recorded decline due to strong Rupee and profit booking. In the USA Employment figures expected to good therefore Concern over Qi-3 has been increased. COMEX Gold also come down to $1,700. MCX Gold on pressure due to International Market decline. At present MCX gold with fall of 0.5% is at Rs. 31,350. Gold October Futures Buy - 31,310, stoploss – 31225, target – 31445 – 31530.

Today MCX Silver Tips

Silver rapidly also subsided and MCX Silver is trading below the 62,000. Today Market is waiting for coming US employment figures which is getting to see pressure on silver. COMEX silver has declined by more than 1%. Currently MCX silver is trading at Rs 61 780 with decline of 1%. Silver December futures Buy - 61,680, target – 62020 – 62350, stoploss - 61 300.

Crude Oil Tips today

Due to increase stockpiles in U.S. Crude oil, NYMEX Crude Oil looks selling pressure. In domestic market crude oil is broken due to Rupee strong. MCX Crude oil slipped nearly 1% and is trading below Rs 5,300. Crude oil September Futures Buy - 5290, stoploss – 5265, Target – 5330 – 5355.

Base Metals Tips

MCX Base metals are to get well faster viewing. London Metal Exchange (LME) Copper has gained nearly 1%. In the international market boom therefore domestic market base metals also have been strengthened. All MCX metals except Lead gained 0.5% and Lead recorded 0.2% up.

Copper Nov Futures Buy – 435.20, stoploss – 433, target – 439 – 441.

Zinc September Futures Buy – 105.50, target – 106.60 - 107.50, stoploss – 104.60.

Lead September Futures Buy – 113.60, stoploss – 112.70, target – 114.70 - 115.60

Aluminum September Futures Buy – 109.80, stoploss – 108.90, target – 111 - 111.50

Nickel September Futures Buy – 902, target – 920 - 928, stoploss – 889.