Good news for the Gold Investors: (MCX Gold Updates)
If you have invested your money in th gold there is a good news for you. According to Experts there is a good scope of getting good returns over the investment. Current price of gold in the international market is around 1,620 dollars per ounce which is expected to touch the level of 10,000 in nest 10 years though today gold has become sluggish. Despite the international market pressure and downfall of rupee against the dollar the gold is trading at 30,180 with the 0.1 % up.
MCX Silver Updates: Silver on MCX is trading at Rs 54 510, with a marginal decline. With 0.5 per cent up MCX crude oil is trading around Rs 4,700. MCX is looking strong at 0.5 per cent in base metals, but copper is in pressure.
Commodity Trading tips & Strategy for today 19 June 2012
MCX Crude oil (June futures): Sell - 4700, stoploss of Rs - 4760 and the target - 4600
MCX gold (August futures): Sell - 30 200, stoploss of Rs - 30 370 and the target - 29900
MCX mentha oil (June futures): Buy - 1375, stoploss of Rs - 1320 and the target - 1495
MCX Silver: Support 53870/53190 Resistance 55280/56034
If you have invested your money in th gold there is a good news for you. According to Experts there is a good scope of getting good returns over the investment. Current price of gold in the international market is around 1,620 dollars per ounce which is expected to touch the level of 10,000 in nest 10 years though today gold has become sluggish. Despite the international market pressure and downfall of rupee against the dollar the gold is trading at 30,180 with the 0.1 % up.
MCX Silver Updates: Silver on MCX is trading at Rs 54 510, with a marginal decline. With 0.5 per cent up MCX crude oil is trading around Rs 4,700. MCX is looking strong at 0.5 per cent in base metals, but copper is in pressure.
Commodity Trading tips & Strategy for today 19 June 2012
MCX Crude oil (June futures): Sell - 4700, stoploss of Rs - 4760 and the target - 4600
MCX gold (August futures): Sell - 30 200, stoploss of Rs - 30 370 and the target - 29900
MCX mentha oil (June futures): Buy - 1375, stoploss of Rs - 1320 and the target - 1495
MCX Silver: Support 53870/53190 Resistance 55280/56034