MCX Gold Tips for Today 8 june 2015 | MCX Tips | Intraday Tips

FY16 : Gold prices may decline to up to Rs. 20,500 per 10 gms according to India Rating and Research. The agency believes changes in gold prices will greatly depends on the US interest rate decision. As such domestic prices may range between Rs 20,500-24,000 per 10 grams from the current levels of Rs 27,000.

Howevere it is said that US continues to delay the interest rates hike, while major economies Japan and Eurozone continue with their unconventional monetary policy . So, domestic prices could also increase from current levels and trade in the range of Rs 29,500-30,500.

The agency also believes that the local premium for gold in India will remain stable in FY16.

MCX Gold today is trading at Rs. 26771.00, 50 points fell down. Market of MCX Gold opened by 26,780.00

High-26,823.00

Low - 26,765.00

Oil Prices goes down Today : 4-June-2015

Oil prices fell down in Asia on Thursday(today) after rise in the US outputs. US benchmark West Texas Intermediate for July delivery fell by 35 cents to USD 60.91, while Brent crude for July eased 27 cents to USD 65.22 in late morning trade.

Thursday Market opened of MCX Crudeoil trading by Rs. 3818.00 down fall of 7 Points, 0.18%.

Market Opened : 3,832.00

High points : 3,841.00

Low Points : 3,806.00

Crudeoil Mini trading by Rs. 3812.00 bearish by 13.00 Points and 0.34%

Market Opened : 3,830.00

High points : 3,841.00

Low Points : 3,805.00

Mcx Gold & Mcx silver live update for today 2 june 2015 | Mcx India

Gold today

The transient viewpoint for the gold fates contract exchanged on the Multi Commodity Exchange (MCX) is bearish in Indian Market. The contract has been declining continuously from the last two weeks from its high of ₹27,685 per 10 gm recorded on 15 May. It is currently trading near ₹27000. Although there is an stop loss ₹26,880, and the target1 is 27380 for mcx gold.

Where as mcx silver buy above 38000 and SL(stop loss) is given 37700 and Target1 for today is 38650. crude oil is opened at 3830 SL1 is 3790 and Sl2 is 3749 and target1 is 3948 for today.