11/03/2011 02:23:00 PM
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MCX Commodity Market Tips And Outlook|Live MCX Rates|Base Metal Tips|Bullion MCX Trend Today 3 November:
MCX Commodity Tips And News (Precious Metals -Gold & Silver): gold is expected to exhibit volatile move ahead of the Euro summit and is expected to remain range bound for the day. Silver also remained elevated in Indian markets and settled 3.70% higher than the prior at COMEX. At the Globex, silver is seen trading down by $0.068 at $33.875.
MCX Commodity Tips And News (Base Metals:Nickel, Zinc, Aluminium, Lead, Copper):Nickel yesterday traded with the negative node and settled -1.45% down at 918.5 . Zinc yesterday traded with the negative node and settled -0.05% down at 94.95 as US Federal Reserve announced it will maintain interest rates unchanged between 0-0.25%. From London Metal exchange Aluminium witnessed draw-downs of 1,350 tonnes as against unchanged position, Copper witnessed draw-downs of 1,475 tonnes as against decline of 9,625 tonnes , Lead witnessed draw-downs of 825 tonnes as against decline of 375 tonnes on the previous day,
MCX Commodity Tips And Levels:-
MCX Gold Dec Sup:27409-27495 Res: 27707-27811 Range: 27430-27650
MCX Silver Dec Sup:55208 -55633 Res:56507- 56869 Range: 55700-56450
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