Commodity Market Analysis, Copper Tips Today

Gold and silver has decline in the international market. Gold slowdown in the domestic market last week gold was closed at Rs 29 272. NYMEX crude oil half percent decline in trading. Continued weakness in base metals. Aluminum, copper and lead have declined slightly, while nickel and zinc is seen in the flat business.

MCX Copper Tips

 Sell Copper August below 425.

Targets 423.5 , 422 , 420.5 and Stop Loss 428

Gold News and Updates | NCDEX Commodity Market Tips

Gold Updates 13 July 12, Commodity Trend and Technical Strategy, Range, Support in Agri Jeera.

Gold floppy to the lowest in almost 2 weeks on Thursday, on displeasure that the minutes of the most recent Federal Reserve policy conference pointed that the central bank was unwilling to ease more almost immediately . The yellow metal too dropped as dollar continued stronger.

The international market Precious commodity is showing stronger. Although Gold is beginning and silver has take flat business today. Comex gold with gold up 0.34 percent near to dollar 1,570, while silver has rushed 27 per dollar per ounce today.

NCDEX Jeera Trend and Technical Call

NCDEX Jeera trading range for the day is 14890 to 16274. Supporting zone of the Jeera below 15351that could see test at 14887.

Traders can sell jeera with july future contact at Rs 15400.

Targets 15370 , 15340 , 15300 and Stop Loss 15460.

 

MCX Gold News and Tips Today

MCX Gold prices fell marginally by Rs 25 to 29601 per 10 grams in futures trade today as speculators trimmed Positional among a weak trend overseas.

 

Gold Prices periphery downward on Tuesday, force by a higher dollar as investors as investors worried about global economy growth piled into the greenback for security.

Precious metal prices traded around two week lows yesterday, supported in part by being inflation data from china and a diffident decline in the dollar, although uncertainty over the outlook for US interest rates in particular tempered investor craving.