Gold and Silver Update

Silver prices may rise in the second half of 2012 and 2013. The German bank revised its average forecasts of $33.50 an ounce for 2012 and $41.70/oz for 2013. Silver today fell by Rs 100 to Rs 53,000 per kg due to reduced off take at prevailing levels. The silver  had gained Rs 800 in last four trading sessions. Silver coins price remain stable at Rs 62,000 for buying and Rs 63,000 for selling of 100 pieces.
On Monday trading spot gold is already up at $1623 an ounce after posting a weekly gain of 2.5%.In India October Gold closed sharply higher on Saturday and support levels at 30,025, 29,780 and resistance levels at 30,390 and 30630. Physical gold demand in the Asian region, the price of precious metal is hope to be higher in the festival time and it must be result in increase in gold and silver price. gold prices rose by Rs 42 to Rs 30,215 per 10 gm in futures trade today.
Spot gold jumped 1.5 per cent to a three-week high of $1,609.91 an ounce in the previous session, "There is no buying as prices are very high and liquidity is very tight," said Hirachand Gulecha.

 Gold bar premiums in Singapore were steady at 80 cents an ounce above London prices, In Hong Kong, the price is higher which causes less buyer and premiums were little changed in the range of $1 to $1.50 an ounce.

silver above 53350 on the upside in next trading session.

  Buy silver above 53350 on the upside in next trading session.

‎  and sell Sell gold below 2974.0

  and sell gold below 29740

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NCDEX MCX UPDATES AND CALLS

Sugar price in Indian market continuously rising because many cause pushing it’s price like increasing demand during festival season and lower production since Weak monsoon reducing the acreage of sugarcane and upcoming wedding season.   

    NCDEX SUGAR IN AUG Trading at 3340 Rs/Qui. up 15rs. To previous close, IN SEP Trading 3385 Rs/Qui.   Up 10. At 12.24 PM.

Coriander prices in Indian market also rising from last few weeks due to further region tight supply in spot market of it, rise in export demand and week monsoon are pushing it’s price.

NCDEX Coriander IN AUG Future Trading at 4722 Rs/Qui. Up 79 it made high till 4792. And in SEP Future it trading at 4849 up 60 It made high 4933.

JEERA is also rising from starting of these week the globally impact rising it price in Indian market Lower production in Turkey and Syria could support Indian rates. Low rains in Gujarat and Rajasthan could have a long term Bullish impact on the prices. Week monsoon will increase it’s price more.

NCDEX JEERA IN AUG Future trading at 16390 up 152.5 today high 16520, In SEP Trading at 16855 up 172.5 today high 16970 till 2.34PM. Buy Jeera in Aug at 16400 Target In between 16455-16480.

NCDEX Castor sed August contract traded Rs.4325 per quintal up 68 at 2.46PM, IN SEP it trading at 4427 up 70 since the Indian food production will lower in future the many NCDEX Instruments prices will rise in Future.

In MCX Bullion metal prices rich on a good level because festival session robust these prices in Indian market and the increase demand of jewelry in physical market also pushing up it’s prices in physical market, silver got well improve from last 4 days it moves nearly 1100rs in these days these time to buy silver because it’s prices will rise in festival season. Buy Silver 53300 Target 53600 Sl 52800 in Aug Future.  with them all base metal are also trading with green signal and these time copper is best for trade. 

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MCX updates, Commodity news, Today’s Top gainers and losers at MCX

Crude oil future was trading marginally lower in domestic market on Wednesday. A deepening slowdown in American manufacturing also deemed the demand outlook of fuel.

Thursday at MCX Crude oil 14 Aug 2012 contract price up o.45%, Last traded price Rs 5831(+26). Crude oil 20 Aug 2012 contract last traded price Rs 4967(+21), change 0.42%.

Gold price reversed its previous day’s gain; falling 0.08%. At MCX Gold 04 Aug 2012 contract last traded price Rs 29822 downs Rs13. Silver falls 137Rs last traded at Rs 53345.

Copper price fell by 0.29% due to struggling US real-estate market which in turn reduced demand of Copper, as it used in electrical wiring and plumbing. At MCX copper futures for Aug 2012 contract were trading Rs 419.55 per Kg down by 0.29%.

MCX top gainers are:

Potato Contract Expiry date 15 Oct 2012 last traded at Rs 1200 up Rs10.1, changes 0.85%.

Gold Contract Expiry date 31 Aug 2012 last traded at Rs 3150 unit 1 gram up Rs15, changes 0.48%.

Menthol Oil Contract Expiry date 31 Aug 2012 last traded at Rs 1364 unit 1 Kg up Rs 6.1, changes 0.45%.

Silver Contract Expiry date 05 Mar 2013 last traded at Rs 56580 unit 1 Kg up Rs 226, changes 0.4%.

Crude oil Contract Expiry date 20 Aug 2012 last traded at Rs 4964 unit 1 BBL up Rs 18, changes 0.36%.

MCX top losers are:

kapas Contract Expiry date 30 Mar 2013 last traded at Rs 1104 unit 20 Kg down Rs13.8, changes -1.23%.

cotton Contract Expiry date 31 Aug 2012 last traded at Rs 18180 unit 1 Bales down Rs200, changes -1.09%.

cardmom Contract Expiry date 15 Oct 2012 last traded at Rs 1339, unit 1 Kg down Rs 25, changes -1.83%.

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POOR MONSOON ARISING NCDEX INSTRUMENT PRICES

Commodity trading, gold silver tips, NCDEX tips, Agri Sugar Chana tips   

NCDEX Sugar update
Sugar touched record production 26 million tons in 2011-12 but after that it’s price raised in India as well as global market. It’s Main reason is the poor monsoon in india and the south Asia. Lower arrivals from Brazil is also a cause of it, In Brazil due to rain shipment is going to difficult, so the export of sugar from brazil has desist at last 15 days. Which is rising sugar price in global market. In Indian market sugar surged to a record heights on Monday, 23rd July to Rs 3600 per qtl.

NCDEX Chana update for future
NCDEX Chana is also rising continuously due to lower production, tight supply and the large demand in the domestic market of ahead of festive season. It’s price may regular high because in the season lower rain decreased plantation of kharif pulses it planted 20.54 Lakh hectare area, which is decline from the previous year and chana production is also decreased from the last year.

Chilli Future tips
Chilli Future prices regain today it’s production will also reduce in future because Acreage of chilli decline in Andhra Pradesh at this july. IN Asia crop in Pakistan may be affected by adverse weather condition. In recent week soya been prices rose high in NCDEX and turmeric prices also rose frequently it got the circuit due to increase in price.


NCDEX Turmeric Pulses tips 
Now In NCDEX turmeric traded at 6098 in Aug Future up 76. In Sep 6290 up 86. India produces nearly18 million tons of pulses every year and consumes approx 21 million tons. The country imports around 3 million tons to meet the domestic demand. While, the rainfall affecting the output of pulses, making way for more imports. With the depreciating rupee against dollar, the imports of the commodity turns costly. indian ministry may provide subside on pulses to curb prices.

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Agri commodity updates, NCDEX and MCX News, Gold and Silver news, Commodity tips

Northwest and central India is the important Cotton growing region of India. Government of India alarmed about lack of rainfall in 6 cotton growing states include Gujrat, Maharashtra, Rajasthan, Punjab, Harayana, and Karnataka. According to report, Gujrat the no. one cotton growing state of India, only 35% of land sown till date and if Mansoon fails in August, Crop production condition will be sever.

Union Agriculture Minister Sharad Pawar saying that, Government will take a look at unrestricted export of Cotton, Wheat and other crop in August if Mansoon fails.

At NCDEX Cotton seed Oil cake Akola trading down today, contract of 17 AUG 2012 expiry date traded at 1641.00 Rs show change of -2.61%.

Turmeric Future index edge may higher on Monday, At NCDEX turmeric 17 Aug 2012 traded at 6118.00 Rs change 3.27%. Exports demand pushes up NCDEX castor seed. 

MCX crude oil futures in MCX fell on Monday due to weak export demand along with higher production concerns in next crop year. Crude oil 20 Aug 2012 traded at 5,025.00 changes at -1.34%.

A divergent trend seen in bullion market, Gold 04 Aug 2012 gain 0.20% traded at 29,336.00Rs while silver 05 Sep 2012 slips -0.25% traded at 52,712Rs due to poor demand. Silver Coins also declined by Rs 1000 to Rs 61000 for buying and Rs 62000 for selling of 1000 pieces.

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COMMODITY MARKET NEWS

GOLD, SILVER AND CRUDE OIL UPDATE

 

Slack in the international market in gold, while silver is trading with a slight decline as 2 points. Comaks gold is dull at $ 1,582 with the business. $ 27 per ounce, while silver is a slight break. With flat gold traded in the domestic market on Thursday closed at Rs 29 152, while silver closed on Thursday at Rs 52 694, with lethargy but today mcx gold gain 68 points and mcx silver is gain 15 points.

Naimaks crude oil is trading with nearly half per cent, although prices have come on 92 dollars a barrel. At the MCX, crude oil, on Thursday, with 2.5 per cent to Rs 5,126 but today it is down by 28 points on 5,126 and came on 5099.

Copper is trading with 0.30 percent weakness on the London Metal Exchange. 1.23 per cent copper in the domestic market on Thursday and closed at Rs 430. In the domestic market, copper gain 1.23percent on Thursday and closed at 430 but today it lose 3.15 points and stay at 427.7 Rs.

 

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commodity news

Gold prices rose by 0.10 per cent to Rs 29,187 per 10 gm in futures trade today, For the first six months of 2012, gold futures trading volumes rose to 23.74 mn contracts showing a growth of 2.5%.

Gold sell below 29220 sl at 29275 tgt 29198,29156  

In June 2012, Comex Silver futures have fallen more than 19% on a year-on-year basis to 1.416 mn contracts while gold futures trading volume rose 14% to 3.479 mn. Today Silver prices touched intra-day high of $27.62/oz and are trading around $27.44/oz . In the Indian markets prices increased by 0.5 percent

 silver sell below 52869 sl above 53039 tgt 52780,52655  sell in range

Oil rose above $90 a barrel in Asia for the first time since May .

Crude oil

CRUDE OIL SELL ONLY BELOW 5002 SL ABOVE 5041 TGT 4984,4955

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Commodity news| Agri, Bullion, crude oil, Base Metal updates| MCX NCDEX Price

Increased price of soyabean, soya oil, rapeseed, Mustard seed, Chana and potato alarmed Forward market commission (FMC) of India. FMC initiates a step to check and prevent speculation in Agri commodities.FMC keeping eye on price movement of five AGRI commodities.

Source said the price of five Agri commodities have been raising in last few months on account of supportive fundamentals in domestic and international markets. On March 2012 FMC has banned future trading of Guar, gum and guar seed to hold price rise. Prices of guar seed have been rising since November and had gain 500% excess in March 2012.      

Government officials concede that there is some pressure on pulses such as tuar and moong but overall situation is not critical, stocks of wheat and rice are comfortable.

At NCDEX, Chana 17-AUG-2012 expiry date last trading price Rs 4746.00 with 0.94% gain, Soyabean of 19-OCT-2012 expiry date contract traded at Rs 3958.00 with 1.44% gain, Potato 17-AUG -2012, trades at 1246.00 with   -1.06 loss, Refined soya oil 20-SEP-2012 contract traded on Rs 802.00 with 0.25% gain, Rapeseed-Mustard seed 17-AUG -2012 contract traded at Rs 4631.00 with 0.47% gain.

Gold prices witnessed great fluctuation during this month. Amid a weakening trend overseas, gold prices fell marginally by Rs 77 to Rs 29,212 per 10 grams in futures trade on Wednesday as speculators trimmed positions.

 At the Multi Commodity Exchange, gold for delivery in August traded marginally lower by Rs 77, or 0.26 per cent, to Rs 29,212 per 10 grams, with a business turnover of 3,358 lots.

At MCX Base metals copper, Nickel, and zinc downs slightly. Copper 31 AUG 2012 traded at

Rs 424.35 with 0.21% loss, Nickel 31 JUL 2012 traded at 893.40 with 0.09% loss, Zinc  31 JUL 2012 traded at 103.55 with 0.24% loss.

Crude oil prices are expected to remain bullish in near future, analyst said MCX crude will have an upward trend in July. At MCX crude 19 JUL 2012 contract traded at Rs 4913.00 shows 1.93% gain.  

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MCX Best Commodity to Buy and Sell for today.

Due to the international market the MCX bullion crude oil base metal are trading with green signal, MCX 29335 up 55 pt, silver 52855 up 110 it’s movement for buy, In NYMEX crude oil up by 7% and the Domestic market it rosed by 1% 4865 so sell the crude oil at this level, buy gold and silver, but the base metal showing gradually movement.

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GOLD SILVER UPDATE

Silver is a very ductile and malleable metal used for thousands of years for ornaments and utensils, for trade, and as the basis for many monetary systems. Its value as a precious metal was long considered second only to gold it was often more valuable than gold. Silver moved higher in yesterday session as euro surged against dollar but it's fall again today. BUY SILVER SEP ABOVE 52950 TARGETS 53015, 53100 , 53200 STOPLOSS 52823.now silver mcx is 53010 it’s percentage of changes is 271. 

Gold trading range for the day is 29104-29418. Technically market is trading in the range as RSI for 18 days is currently indicating 41.93, where as 50 DMA is at 29681.28 and Gold is trading below the same and getting support at 29192 and below could see a test of 29104 level, And resistance is likely to be seen at 29349, a move above could see prices testing 29418.

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commodity news update,MCX gold copper market update

GOLD AND COPPER NEWS UPDATE

 At India’s Multi Commodity Exchange, Gold futures are likely to trade in range with mixed bias. Stronger local currency rupee can cap the upside of bullions on domestic bourses.

  Gold edged down 0.2 per cent to $1,587.19 an ounce by 0325 GMT, after rallying 1 per cent on Friday. Today Gold's bounce from contracting range lows points to near term upside potential, which we think should be sold into. Risks remain for a retest of the larger range lows at 1525/26 before looking for signs of a base. Resistance: 1620, 1595 Support: 1565, 1550.

Gold 29,206.00(0.21%) as On Jul 16, 2012 at 12:00 AM

Unit                        GRMS      Close Price (`)         29,268.00

High Price (`)      29,249.00     Low Price (`)           29,180.00

Day Open (`)      29,230.00    Open Interest (`)       16,215.00

Buy Price (`)       29,203.00   Sell Price (`)               29,205.00

Volume               6,170.0        Value (`)                   18,02,76,25,000.00

 Copper to rise in second half of 2012, decline in 2013 Copper prices to strengthen in the second half of this year but decline in 2013 as the market starts to shift to a supply surplus.

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COMMODITY UPDATES MCX TRADING TIPS AND LIVE MCX COMMODITY PRICES

MCX UPDATES TODAY

Gold and silver are most valuable commodities that may affect position of trader and investors of share and commodity as MCX & NCDEX markets. Crude oil and copper are also one of the most effective parts of market.

Today Gold is down slightly by -15 points on price 29262 INR per 10 gram. In today’s market, Silver also down by 50 pints on price 52757 INR per kg and crude oil and copper has also goes down slightly. Today, commodity market goes down and may helpful for buyer because market is at which position where it can go anywhere but has most chances to go up ward and make profit for buyers. MCX Gold, silver, crude oil and copper may increase and have a good increased value for making profit.

MCX GOLD 10 gm      29262               -15

MCX SILVER 1 kg      52757               -50

Crude Oil                   4790                 -5

Copper                      426.05              -0.15

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MCX NCDEX updates, Commodity news, and Trading price today

High Export price, weak Rupee and patchy Mansoon increase prices of essential commodities. Analyst predict that price of essential commodities have gone up 10-15% increase this week. We expected that price should be stable in this month and then increase again from September.

The NCDEX Agro index shows some hike today. Top gainers at NCDEX agro are-

Maize - Feed/Industrial Grade – Aug   LTP: 1462Rs Change:  4.1%,

Maize - Feed/Industrial Grade – Oct   LTP: 1461Rs Change: 4.1%,

 Maize - Feed/Industrial Grade – Nov LTP:  1409Rs Change: 4.1%,

Turmeric – Sep LTP: 5200Rs Change:  4%,

 Turmeric – Aug LTP: 5088Rs change:  4%.     

Top losers are:

Chilli – Jul   LTP: 5110Rs Change: -0.4%,

Chilli – Sep   LTP: 5376Rs Change: -0.4%,

Chilli – Aug   LTP: 5282Rs Change:-0.2%,

Chana – Jul   LTP: 4536Rs Change: -0.2%.

MCX Bullions and MCX Base Metals Prices have gone up today. Gold declines Rs 55 per 10 grams in domestic market while Silver gain Rs500.   

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commodity updates mcx silver gold tips,live quotes

Gold update

Gold is an important “outside market” that affect other markets on a regular basis. Gold up slightly higher after the china released its second-quarter growth data. In domestic market Gold trading is going dull because of seasonal effect. If you want to trade then Today range for trading gold is 29122-29472. Today gold price show hike from yesterday price

 GOLD05FEB2013 10 GRMS  30255.00 0.13

GOLDM04AUG2012 10 GRMS 29230.00 -0.03

Silver update

MCX SILVER September contract was trading at Rs 53076.00 up Rs 59.00, or 0.11%. The SILVER rate touched an intraday high of Rs 53095.00 and an intraday low of Rs 52878.00. Investors should buy  silver in small quantities for  positional time frame and hence wait for the level of 28,000.

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MCX Crude Oil and Copper Updates

Crude oil update -  After the report of organization of petroleum exporting countries, Today crude oil futures fell in the domestic market. According to this report the demand of crude oil will be decrease in 2013 it will be 0.82 MB per day in 2013. you may sell crude oil current price. Copper update -

Copper price may be fall in future due to second quater GDP report of the china because china releasing it’s 2quater GDP report on 13jul2012 and expecting it may be low economy growth from last three year, since china is the largest copper consumer in globally. Copper in aug open    422.65  high423.15  low 420.15  nov open427.25 high427.60 low424.70

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Commodity updates, MCX Gold, Silver live quotes and trading tips

MCX Gold and Silver market shows down trend today. Gold prices are expected to remain lower in near future because of strength of US Dollar against other major currencies. But light buying of gold is initiating by traders, who want to increase their stock for upcoming festivals. The series of festival  will start in India, the biggest consumer of Gold in 2011.Traders would also eye on progress of mansoon rains  for better farm productivity, yields and profit.

Gold M 04 Aug  2012 contract traded at 29,280.00 downs -0.56%.

Gold petal 31 Jul 2012 contract traded at 29,45.00 downs -0.54%.

Gold Guinea 31 Jul 2012 contract traded at 29,483.00 downs -0.59%.

Silver Live Quits    
Silver at MCX slipped today. Silver price hits at lowest  level in this week.


Silver Micro 31 Jul 2012 contract traded at 52,484.00 downs -0.39%.

Silver M 31 Jul 2012 contract traded at 52,477 downs -0.39%.

Silver  05 sep 2012 contract traded at 52,442 downs -0.39%.

Gold Silver Tips for Today
MCX Gold August : Sell around 29280 levels with a stop loss placed above 29400 levels for targets of 29120 levels.

MCX Silver September : Buy around 52400 levels with a stop loss placed below 52000 levels for targets of 53100 levels.

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Nymax and MCX Crude Updates and Trading Tips Today

Crude is jumping in international market. It has started best begging on NYMAX, Yet Domestic market it has opened slowly moment.  Crude on NYMAX is trading up 0.9 percent and it has reached 89 dollar a barrel, while BRENT Crude also is trading above one percent today.

Although MCX Crude Now speed is picked up and it is trading above 0.68 percent at Rs 4764. Traders can buy MCX Crude with Current rate. Today it will touch above one percent.

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