Showing posts with label intraday tips | Stock Tips |Commodity Tips |MCX Tips. Show all posts
Showing posts with label intraday tips | Stock Tips |Commodity Tips |MCX Tips. Show all posts

Monday, 29 February 2016

MCX Gold Silver Price Today

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Gold

Gold settled down -1.47% at 29337 as the dollar and global shares rose, but fund buying persisted as investors expected a G20 summit would produce little in the way of a coordinated stimulus program. 
Trading Ideas:
Gold trading range for the day is 28829-29983. 
Gold dropped as the U.S. dollar, oil prices and equities around the world sapped the precious metal’s haven appeal. 
SPDR gold trust holdings gained by 0.27% i.e. 2.08 tonnes to 762.40 tonnes from 760.32 tonnes.

 
Silver

Silver settled down -2.57% at 36250 after the Federal Reserve's preferred gauge for inflation rose by its highest annual percentage in more than three years, augmenting hawkish sentiments for accelerated normalization in the U.S. central bank's first tightening cycle in nearly a decade.
Trading Ideas:
Silver trading range for the day is 35532-37476.
Silver dropped after the Federal Reserve's preferred gauge for inflation rose by its highest annual percentage in more than three years. 

Wednesday, 17 December 2014

Precious Metals Gold & Silver Headlines

Gold was little changed on Tuesday, in a choppy session that took prices back below $1,200 an ounce as the dollar came off its lows and traders worried the U.S. Federal Reserve may remove the phrase "considerablem time" before raising interest rates.

Silver was down 2.5 percent at $15.71 an ounce. We expect Silver prices are likely to trade on negative note on the back of US interest rate outlook.

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Ph: 0731-6619100

Friday, 26 September 2014

Latest News on Mcx Industrial Metals

Lead:
Lead September prices have resistance at Rs.127.5 and can remain under pressure as far as it trades below this level. Only a breakout above Rs.127.5 can take prices higher towards Rs.129.0. On lower side prices have support at Rs.125.0.

Nickel:
Nickel September prices have resistance at Rs.1065 and as far as prices trades below selling can be seen there. Prices on lower side can fall towards 1040 and Rs.1030. Prices should not move above Rs.1075 to maintain negative outlook for the day. 

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Ph: 0731-6619100

Gold and Silver Market Trend

Gold prices are expected to have intraday support at $1220 i.e. Rs.26800-26850 and buying can be seen there. Prices on higher side can test $1230 i.e. Rs.27100 and again selling can be seen there. Prices should not fall below $1215 i.e. Rs.26700 to maintain the positive outlook.

Silver December prices are expected to intraday resistance at Rs.39600-Rs.39700 and selling can be seen there. Prices are expected to remain weak till it trades below Rs.40100. On lower side prices can test Rs.39100 and Rs. 38900. Day close below Rs.38500 will prices sharply lower towards Rs.37000.

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Ph: 0731-6619100

Commodity Market Latest News for Today

Gold futures for December delivery rose 0.2 percent

Silver futures for delivery in December fell 1.5 percent

Copper prices dropped to a 14-week low

Aluminum declined 1.2 percent to $1,950.50 a ton

Nickel, lead and zinc dropped in London,

Gold futures rose as a decline in U.S. equities reignited demand for an alternative asset. Silver futures for delivery in December fell 1.5 percent to $17.438 an ounce on the Comex, after reaching $17.27, the lowest since June 2010. Copper prices dropped to a 14-week low after a report showed demand for durable goods in August tumbled by a record in the U.S., the world’s second-biggest consumer of the metal.West Texas Intermediate rose to the highest level in a week as crude inventories shrank in the U.S., the world’s biggest consumer.

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Ph: 0731-6619100

Wednesday, 24 September 2014

Latest News on Mcx Industrial Metals

Copper:
November Copper prices have crucial resistance at Rs.418.0 and as far as prices are trading below this level prices can trade sideways to lower. Prices on lower side can give fresh selling pressure if sustain below Rs.413.0 and can extend fall towards Rs.409.0. Only a breakout above Rs.418.0 will turn outlook positive.

Zinc:
Zinc September prices can face resistance at Rs.137.8-138.0 and can remain under pressure as far as it trades below Rs.139.0. Prices on lower side can have support at Rs.134.5-135.0 and again bounce can be seen.

www.marketmagnify.com
Ph: 0731-6619100

Gold and Silver Market Trend

Gold prices are expected to have intraday resistance at $1230 i.e. Rs.26800-26830 and selling can be seen there. Prices on lower side can test $1215 i.e. Rs.26500. Prices should not move above $1235 i.e. Rs.26950 to maintain negative outlook for the day.

Silver December prices are expected to intraday resistance at Rs.39750-Rs.39850 and selling can be seen there. Prices are expected to remain weak till it trades below Rs.40100. On lower side prices can test Rs.39100 and Rs. 38900.

www.marketmagnify.com
Ph: 0731-6619100

Thursday, 18 April 2013

COPPER


London copper dropped 4 percent on Thursday to below $7,000 a tonne for the first time since October 2011, sending Shanghai copper limit down and reflecting investor worries over the health of the global economy.


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Thursday, 27 December 2012

U.S. TREASURY

U.S. Treasury debt prices rose on Wednesday in light post-Christmas volume as disappointing holiday sales and the lack of progress toward a budget deal in Washington stoked safety bids for bonds.

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0731-6619000