MCX Trade Tips

MCX SILVERMIC April contract was trading at Rs 56290.00 up Rs 109.00, or 0.19% and touches an intraday high of Rs 56294.00 and an intraday low of Rs 55990.00. So far 35465 contracts have been traded.



MCX SILVERMIC June contract was trading at Rs 57946.00 up Rs 76.00, or 0.13% and touches an intraday high of Rs 57934.00 and an intraday low of Rs 57712.00. So far 3998 contracts have been traded.

MCX SILVERMIC August contract was trading at Rs 59501.00 up Rs 80.00, or 0.13% and touches an intraday high of Rs 59890.00 and an intraday low of Rs 59285.00. So far 360 contracts have been traded.

MCX Gold
Trend Decider of this week - 28780, and key level 284198.The most-traded gold for June delivery on the Multi Commodity Exchange (MCX) was little changed at Rs 28,565 per 10 grams. The Prices have gained nearly 2% since the beginning of the month.Jewellers are buying ahead of Akshaya Tritiya and traders are hopeful of a good festival next week provided rates don't shoot up.

The NSE decided to have an absolute trading session for gold exchange traded funds, after trading concludes in the cash and derivative segments at 3:30 pm, on April 24. As trading can be done on gold ETF’s in the normal market hours from 9:15 am to 3:30 pm, trading in gold ETF’S will resume at 4:30 pm on April 24 and will continue till 8 pm, for giving an opportunity to investors for investing in the yellow metal till late in the evening. No transaction charges are applicable for trading in Gold ETF’s, on Akshaya Tritiya.