MCX Crude prices Up by 2.5 Percent, Slight Weakness in Gold

2.5 percent jump in global crude prices have been recorded. While the price of Brent has risen beyond $ 38.5. It is believed that after the statement of Kuwait on the refrigerator production has seen crude prices.

MCX Crude on the domestic market giant leap of 3.5 percent reached at Rs 2460. 

 

Slight decline in MCX Gold: 

Yesterday's sharp decline in the global market in gold is modest. Comex gold prices remained at $1230. MCX gold began to flatten in the domestic market and is trading at Rs 28770. With a slightly sluggish 0.1 percent MCX silver also fell to Rs 36,000. 

Agri commodities slight weakness: 

NCDEX sugar with a slightly sluggish 0.1 percent to Rs 3495 has arrived. SoyOil prices have risen to Rs 649.5. 

MCX Crude can be expensive by 70% in a year, fuel prices will increase

Global crude prices could go up to $ 55 in the next 12 months. According to a report by UBS since the second half of 2016, crude prices may be recorded. 

It will have a direct impact on the prices of petrol and diesel in the country and is likely to see an increase in prices. Will see a direct impact on inflation. 

Prices will increase by the end of 2016: 

According to the report, short-term crude oil prices to $ 25 per barrel may occur. But in the long term is likely to see a recovery in prices. Balance end of 2016, due to market sentiment, prices of crude could reach $ 55 a barrel. 

According to the report from the second half of 2016, crude oil prices will start to see a recovery. According to the report, Saudi Arabia, Nigeria and African oil exporters to balance their budgets is essential for prices.

MCX Gold is up by Rs.100; MCX Live Calls Today

Due to lower demand in the bullion market, gold prices have declined to Rs 100. In Delhi, gold fell by Rs 100 on Thursday dropped to 28,750 per ten gram. 

Silver prices steady Delhi Bullion Market, silver prices have remained unchanged. 

On Thursday, the price of silver remains at 37,100 per kilogram. Earlier on Wednesday, the Delhi bullion market, silver prices was 37,100 . 

In global markets , gold fell 0.21 per: 

With the domestic market in global gold prices have declined. In London, gold prices recorded with declined of 0.21 percent. Gold prices fell by 0.21 percent, to $ 1.205.90 per ounce. 

In global markets, silver has declined 0.39 percent. After the fall of 0.39 per cent, at $ 15.21 per ounce silver price fell. 

MCX Live Calls Today :

SELL CRUDE OIL MARCH BELOW 2275 SL ABV 2310 TGT 2248-2216

 

What Experts Says about MCX Gold ?? | NCDEX Live Tips

In the first 11 days of the new year nearly four percent of hike have been seen in gold has surprised investors. The international and domestic market price of gold is going to rise continuously. MCX December31, Rs 25,000 per ten gram, gold prices were close to, the time has gone beyond 26,000. 

But according to experts, much of the gold rally is not sustainable. Experts believe that in the long term, gold prices may come down to 25,000.

Things become like 1980 : Experts believe that gold have been rises in the last 11 days, but it will not remain for longer time. because the circumstances have become such as technical chart 1980. In the 61 months between the years 1980 and 1985, global gold prices was a decline of 55 percent. Existing technical charts are beginning to become just the situation since September 2011.

MCX NCDEX Tips Today : 

Sell SoyaOil at Current market price 591.8,Target-585.1, Stoploss-596.1 

SELL CRUDE OIL JANUARY BELOW 2080 ADD TILL 2115 STOPLOSS ABV 2148, TARGET-2038-1998

Indian crude basket price at $ 30 down, Petrol Prices may get less by Rs. 4

Indian crude basket price is down by $ 29.24 per barrel. This large reduction will affect the Petrol Prices in the Domestic Market. December 31 oil companies cut petrol prices were 63 cents per litre, the price of the Indian basket of crude was 35.95 dollars a barrel. Now, if the price below $ 30, on January 15 in the petrol prices may get down by Rs 4 per litre.

What experts says >> 

Mr Gourav Sharma,at Commodity MCX NCDEX Call says crude basket price has come down from $30 so its most expected that the prices of the Petrol may get cut by 4 Rs. & The January Crude Oil Level is below December level. So there is more possibilities that by 15 Jan prices may get cut by Rs. 4.

Why cut the scope of petrol by Rs 4??? 

1. In November 2015, the average Indian crude basket price was 42.05 dollars a barrel. Then, the price of petrol in Delhi, Rs 61.06 per liter.

2. In December 2015, the average Indian crude basket price was 35.95 dollars a barrel. Then, the price of petrol in Delhi, Rs 59.35 per liter.

3. January 7 , 2015. The Indian crude basket price of $ 29.24 per barrel has come . Such Petrol and crude prices in the past two months, the ratio was 1.45 percent, 1.65 percent .

4. Mr. Gourav Sharma on January 15 on the basis of the ratio of oil companies cut petrol prices by Rs 4 per liter price cut of Rs 4 per liter scope.

<< Commodity Best Tips >>

Best Commodity Tips Today : 31 July || MCX Bullion Tips

Gold became cheaper by 7% this month , in a strongly declining crude. MCX gold with 0.50 per cent at Rs 24 591 per 10 grams level, is trading at . Silver also declined , while the same Rs 33 856 per kg on MCX silver prices slipped occurred.

The supply and demand remain weak due to high crude oil prices continue to fall. While all metals except nickel Base Metals is red. Agri commodities in terms of shopping, returned to lower levels.

Crude oil August Futures declined by 1 per cent to Rs 3,100 per barrel, has slipped down . In terms of the BaseMetals all but nickel is trading with a loss.

MCX Bullion Tips Today : 

MCX Gold (August futures ) Sell 44 850 , target 24,720 to 24,600 , stoploss 24 980

MCX Silver (Sept. futures ) Sell 34 180 , from 33,950 to 33,700 goal , stoploss 34 400

MCX Crude oil (August futures ) Sell 3160 , target 3120-3060 , stoploss 3200

MCX Nickel (August futures ) Sell 707 , target 688 , stoploss 720

MCX Copper (August futures ) 340-341 Sell , target 335-332 , stoploss 344

MCX Bullion Tips – 30 July || Best Commodity Tips || MCX Silver calls

With MCX GOLD, MCX SILVER prices also continued to fall, It was Rs 73 600 per kilogram in 2011 and now it is trading at 34,000 per kg today. Is not good news for those who are investing in the silver, But it will be a win-win for the industries, using silver as raw material.

Kinjal Sanghvi at Commodity MCX NCDEX calls, Told that the key reason for the decline in silver dollar index is bullish . Falling demand is also a factor. The steady decline in gold and silver prices have dropped

SELL MCX SILVER at 33950-33920, SL – 4080, TGT1/TGT2 - 33400/ 0

MCX Bullion Tips

Free MCX NCDEX Tips – 30 July | Commodity Market Tips

Hello Traders and Investor!!!

Commodity Market traded with high volatility as improved rainfall activities in North-West states of Rajasthan and Gujarat was noted. Chana recovery was moderate on low supply.

Better sowing reports kept pressure on the prices. Rates however found support from lower production, low stocks and improved Chana demand. Short term for

MCX Crudeoil August Contract is noted at bearish today. Support for short term is at 2800 and resistance at 3250, Intraday support is seen at 3080 with resistance of 3180.

Best Commodity Tips : 

SELL MCX Gold at 24850,SL - 24950 , TGT- 1 / TGT- 2 - 24700/ 0 
BUY MenthaOil at 950, SL- 938, TGT- 1 / TGT- 2 - 975/ 980 
SELL NCDEX Soyabean at 3280, SL – 3320 , TGT- 1 / TGT- 2 - 3240/ 3210

Commodity prices are expected to fall by 31% | Commodity Intraday Tips

Commodity for the year 2016 is going to be even worse. CRISIL report is released on the commodity. According to the report, 31 per cent decline in commodity prices in 2016 may come. Brent could fall to $ 45 in 2016. Growth in China is estimated to be the main cause of this decline will be in the position. According to the IMF estimates, forecasts that China does not have growth in commodities and especially crude oil next year could fall heavily.

 

Although, The fall in commodity prices benefits to IndiaCRISIL report a decline in crude prices in the country will help to overcome. But crude oil companies in profits of 25 per cent is hey. The decline in crude oil marketing companies will benefit. And next year, oil marketing companies gained Rs 2000-2500 is possible. CRISIL report Brent fell by $ 10 to Rs 6 per liter diesel will be cheaper.

Commodity Intraday Tips :

NCDEX Turmeric to trade sideways to Bullish, Short term support for NCDEX Turmeric July contract is seen at 7000 and resistance at 7850. Intra day support is seen at 7320 and resistance at 7430.

NCDEX Chana bullish; Short term support:4500 and resistance at 4670. Intra day support is seen at 4550 and resistance at 4590.

Gold and Silver Prices Fell, 0.50% CrudeOil Rolled: 17 July 2015 | commodity Best Tips

After a sharp increase in the Market rates, Decline is seen in the prices of Gold. MCX gold is looking weak and it seems to be under 25 720 rupees . With a decline of 0.25 per cent , while silver is trading below Rs 34 425, While natural gas is trading around 0.35 per cent to Rs 185.

Where as The Indian basket of crude oil prices in the international market at US $ 57.08 per barrel on 15-07-2015.

commodity Best Tips Today:

#Sell ​​MCX gold August futures Rs 25 860 , 25 700 rupees goal , stoploss of Rs 25 970

#Buy NCDEX soybean August futures , stoploss of Rs 3510 , Rs 3610 target

#Buy August futures on NCDEX mustard , stoploss of Rs 4200 , target of Rs 4300-4320