Commodity market opened positive COMDEX opened at 3362.48 and MCXMETAL opened at 4698.08 MCXENERGY opened at 2651.17
Crude oil:
In this month oil price dropped 17 %. Tuesday benchmark WTI crude fell at USD 2.01 MCX crude oil up 26 to previous closing price, crude oil is consolidate trend for trade.
Copper tips:
Today base metal is good for trade copper is in perfect uptrend you can buy copper and target 407.50MCX crude oil and copper tips for 10 August
Gold trend:
COMEX arrived at the Gold level of $ 1761. gold on MCX at Rs 25,700. Experts say increasing liquidity in the U.S. to the gold level could reached $ 2,000.
Wednesday, August 10, 2011
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