On Akshaya Tritiya MCX Gold sales will be down|NCDEX Tips Today

This time on the occasion of Akshaya Tritiya gold and silver sales increasing every year. But the lack of market demand and rising gold prices has raised concerns in the jewelers. 

Due to the rising price of gold on Akshaya Tritiya traders believe that this time will reduce their sales compared to last year.  

Why not boost sales: 

All India Gems and Jewellery Trade Federation Chairman GV Sreedhar Hfke before the gold prices in February increased from Rs 26,930 to Rs 30,050 per ten grams has been occurred. 

So, this time on the occasion of Akshaya Tritiya unlikely to look too much shopping. Sridhar said the market sentiment remains positive. But due to the rising price of gold has decreased demand for expensive jewelry. 

 <<MCX NCDEX Tips Today By Experts>>

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. 

Brent crude below $ 30, Copper 6.5 -year lows | Commodity tips By Experts

Due to increase in US crude reserves, the decline in prices is recorded in CrudeOil. Brant Crude has lost nearly 1.0 percent during the trading. 

since April 2004 the Brent crude have been came down by $30. MCX crude oil rose 0.5 percent, while nearly Rs 2,060 is reached. 

MCX Copper estimated at low rates Since 6.5 Years:

Reduction in demand from the projected price of copper on the London Metal Exchange is at its lowest level in the last 6.5 years . 

The zinc and nickel , about 1 to 2 percent in heavy decline. MCX Aluminium with a gain of 0.75 per cent trading at Rs 98.9, lead gained 0.5 percent and the price reached Rs 109.25. 

Rise in MCX GOLD : 

Price on MCX Gold at Domestic Market is raised at trading at 25,895.00 with gains of 160.00, (+0.62%). MCX Silver is at 34,108.00 with loss of -63.00 (-0.18%).

Commodity tips By Experts:

BUY Intraday COPPER - FEB (MCX) @ 295.10, Target: 300.00, Stop-loss: 292.80

Buy MCX Feb Gold between 25530 – 25560, SL – 25400, Target – 25800 / 25900 

AUG 20, 2015 COMMODITY LIVE CALLS || Free MCX NCDEX TIPS

HELLO INVESTORS AND TRADERS!!!

Today, Gold prices in the international markets, pressure is being witnessed , while domestic industrial offtake , SILVER bullion market today slipped to Rs 650 per kg is at 35300.

While the MCX GOLD standard with a marginal gain of Rs 25 per ten grams to Rs 26335 is traded. Gold prices continue to rally ten consecutive trading days. 

Where as OIL markets opened up weak on Thursday following sharp falls the previous session, with US contracts. The bearish sentiment is also seen in the long-term derivatives market.

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Free MCX NCDEX Calls Today : 

BUY MCX GOLD at 26110, SL – 25977, TGT- 1 / TGT- 2 -26317/ 0 

BUY MCX SILVER at 35230, SL – 34810, TGT- 1 / TGT- 2 - 36035/ 0 

BUY NCDEX TURMERIC at 7945, SL- 7870, TGT- 1 / TGT- 2 - 8115/ 0

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