Commodity market is not responding well while
MCX silver gains profit. MCX gold is showing profit of 8 points currently and
trading in 31915 Rs per 10 grams. In future market gold 11 September contract
is trading in 31,917 Rs per 10 gm with growth of 7 points and 0.2 percent
change and in 29 September contract gold is trading 25601 Rs with 28 plus
points.
Currently MCX silver gains 55 points on 64035
Rs per kg. Silver September contract is
trading in 64000 Rs gained 20 points with 0.3 percent change today but in
November silver is trading in 64003 Rs with 11 points profit. Natural Gas is
trading in 157.40 Rs with 5.4 points profit in September future contract.
Although Aluminium, Copper, Lead and Zinc are
fall down today and trading with loss op points yet Crude oil have profit of 24
points and currently trading in 5350 Rs per gallon and Nickel have also growth
of 0.3 points today. MCX
On the other hand U S Dollar loses 0.06 paisa
with 0.12 percents and now has value equal to 55.38 Rupees. But Euro and Pound
are growing up against Indian currency. Euro gained 0.15 paisa with 0.20
percent and Pound gained 0.2 paisa with 0.2 percent against Rupees.
TIPS FOR TODAY-
Gold can trade in
range of 31,800-32,200 while silver can trade in range of 63,500-64,300.
SURE SHOT CALL-
SEL MCX GOLD OCT BELOW 31900 TAGETS 31885,31870 STOP LOSS
31925
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