Tuesday, November 8, 2011

MCX Tips: Commodity Market Updates

MCX Tips|MCX Commodity Levels|Commodity Market Updates Today 8 November: Gold Silver Crude Copper :-On marriage season demand, and a firm overseas trend Gold in Bullion market surges Rs 225, to Rs 28,540 a ten grams today,. in demand from Industrial units and coin-makers Silver gained Rs 200, to Rs 56,700 a kilo.  Silver coins shot up Rs 3,000, to Rs 65,000 for buying 100 pieces. 


MCX Bullion Tips, Base Metals Tips & Trading Levels Today:-  Apart from Aluminum all the base metal s are trading lower this morning. Nickel gained on Friday and became the strongest performer. defensive position are favored for base metals. Precious metals Gold and Silver get attracted on Euro-zone worries yet they jumped in the morning session of trade. Gold futures rose to a six-week high and settled up by +1.43% at 27989. Silver is also expected to edge higher.


MCX Tips And Supprt Resistance Levels:- 
MCX Gold Dec Sup: 27468-27774 Res: 28204-28328

MCX Silver Dec Sup: 54789-55857 Res: 57596-58267
 

MCX Copper Nov Sup: 379-385 Res: 394-397
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