Monday, December 28, 2015

Crude prices below $ 38, MCX Gold marginally Up | MCX Live Calls Today

Nymex and Brent crude on the global market is close to around 38 dollars. Nymex crude oil fell by 0.62 percent to $ 37.87 a barrel, trading at 0.45 per cent, with weakness and Brant crude is at 37.75 dollars a barrel. Because of the decline in the dollar gold has risen slightly.

Gold is marginally UP:

In the global market, MCX Gold is trading above 1076 dollars per ounce. While MCX Silver is up with 0.79 percent and is trading at 14.37 an ounce. Copper on the London Metal Exchange was trading at 0.63 percent.

Slight decline in domestic market :

MCX Gold in the domestic market declined marginally by 0.1 percent at Rs 25,200 trades. MCX Silver also fell 0.4 per cent to around 34,225 rupees looks. MCX crude oil is trading at Rs 2,520 slipped nearly 0.5 percent. But MCX Natural gas has reached 3.5 per cent at Rs 142.3.

Sell Nickel December in between 562.50-62 Stoploss 566.50 Target 556.50

Sell Soyoil January at current market price 619.1 Target 610.1 Stoploss 624.1 

MCX Gold Tips

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