Monday, July 25, 2011

MCX Commodity report

Today Gold future make another record of 24175 per 10 grams. Today Bullions may open slightly on positive. MCX Gold & Silver prices higher on today. Gold can trade in wide range of Rs. 23,000-23,400 in MCX and Silver can trade in range of Rs. 58,000-62,000 in near term.
Crude oil may trade sideways with negative bias. Crude oil may remain in range of 4,100-4,300 on domestic bourses.
Base metals:
Copper support may be 425
Nikel support 1040

The Gold for delivery in August also gained Rs 184, or 0.76%, to Rs 23,283 per 10 grams, with a trade turnover of 3,015 lots.


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