MCX Trade Tips

Indian MCX gold prices extended losses on Friday, hitting its lowest level in nearly last two weeks, weighed by a firm indian rupee, triggering bargain hunting from physical traders as price levels were attractive. Supply of recycled gold slowed. More information about free mcx tips visit my site mcx-trade-tips.blogspot.com

In Indian MCX gold futures shed about 1% on Monday weighed by strength in the rupee, which reversed from its record low hit last week, but physical intraders were unwilling to book deals awaiting further price falls. More Information about mcx tips visit my site mcx-trade-tips.blogspot.com

MCX Gold Price fell 2% on Thursday, on track for its biggest one-day fall in over three months, as renewed fears of a Stock global economic slowdown and disappointment over a lack of aggressive US Federal Reserve stimulus dampened bullion's inflation-hedge appeal. More information about mcx gold price visit my site mcx-trade-tips.blogspot.com

MCX Silver prices were trading lower in major metros in India Stock market. In the Delhi Stock market, Pure MCX silver (999 purity) was down Rs 700 at Rs 55100 and in Ahmedabad Stock market it was down Rs 655 at Rs 54845. More Information about MCX Silver visit my site mcx-trade-tips.blogspot.com

Today We have come out with its report on MCX Gold, Silver, Copper, Lead, Zinc, Nickel, Crude Oil and Natural Gas. Crude oil futures are trading above $86 a barrel in Asia today tracking the gains in Asian stock markets as Greece's pro-bailout party appears likely to secure a narrow election win, making Greece less likely to leave the euro zone for now. More Information about Free MCX Tips Visit my site mcx-trade-tips.blogspot.com

In India MCX gold traded just a tad above the keenly-watched Rs 30,000 mark on Wednesday, with intraders unwilling to get stuck with high priced inventory in a seasonally slack demand period in market. More Information about MCX gold price visit my site mcx-trade-tips.blogspot.com

MCX is one of the India`s largest Commodities trading exchange which is promoted by Financial Technologies (India) Ltd, MCX enjoys the confidence of blue chips in the Indian and international financial sectors. MCX’s broadbased strategic equity partners include, NYSE Euronext, State Bank of India and its associates (SBI), National Bank for Agriculture and Rural Development (NABARD), National Stock Exchange of India Ltd. (NSE), SBI Life Insurance Co. Ltd., Bank of India (BOI) , Bank of Baroda (BOB), Union Bank of India, Corporation Bank, Canara Bank, HDFC Bank, Fid Fund (Mauritius) Ltd. - an affiliate of Fidelity International, ICICI Ventures, IL&FS, Kotak group, Citi Group and Merrill Lynch. These credible promoter and groups which back MCX adds to the reputation it enjoys in the MCX Markets amongst the traders and the brokers. Recently after the huge success of the Indian Commodities Exchage, MCX has launched the MCX-SX which is the currency trading exchange for INRUSD. MCX-SX’s product is a currency futures contract. .

Naveen Mathur of Angel Broking recommends buying nickel at Rs 930-936 with a stop loss at Rs 918. "We are expecting targets in the range of Rs 952-956 for the day," he said. Ashish Shah, Sushil Global Commodities expects copper to trade in the range of Rs 408 to Rs 408.50 on the lower side to about Rs 415-418 on the higher side for the week. "We believe Rs 408 should now be a strong support for atleast a day or two," he said. More information about MCX Tips visit my site mcx-trade-tips.blogspot.com

Silver prices on MCX were trading higher. At 16:08 hrs MCX Silver November contract was trading at Rs 62442.00 up Rs 311.00, or 0.50%. The MCX Silver price touched an intraday high of Rs 62470.00 and an intraday low of Rs 62135.00. So far 31317 contracts have been traded. MCX Silver rate have moved up Rs 1552.00, or 2.55% in the November series so far. More information about mcx silver visit my site mcx-trade-tips.blogspot.com

A sharp rally in MCX gold at the end of last week prompted a wave of scrap selling in India and elsewhere in Asia as market participants took advantage of higher prices, while fresh buying was sluggish on Wednesday. More information about free mcx tips visit my site mcx-trade-tips.blogspot.com

MCX Gold: On a weekly basis, Spot MCX gold prices increased around 3.5 percent after bouncing back from a low of $1531/oz. Investors preferred MCX gold as a safe haven asset for investment on the back of rise in risk aversion in the global markets. However, further upside in prices was restricted on account of strength in the US Dollar Index (DX). The yellow metal gained around $64 in the last trading day and closed at $1626.64/oz. More Information about MCX gold tips for today visit my site mcx-trade-tips.blogspot.com

Last day Of Week At 14:09 hrs MCX GOLD June contract was trading at Rs 28940.00 down Rs 208.00, or 0.71%. It touched an intraday gold high of Rs 29130.01 and an intraday low of Rs 28915.00. So far 2750 contracts have been traded. More Information about Free mcx gold price visit my site mcx-trade-tips.blogspot.com