MCX GOLD AND SILVER NEWS FOR 29-OCT-12

MCX Commodity market trading session fell down and all the commodities is showing slowdown except MCX GOLD, NATURAL GAS and MENTHA OIL and all market’s trends are looking steady in the market today.

MCX GOLD is Trading and growing steady and showing some positive attitude in the market and gained profit of only 41 points in current position market. While in Dec Contract, gold has profit of 46 points at now. Gold Commodity is not showing a good momentum in the market and increased prices with rate of 0.15% rate.

MCX SILVER PRICES are in down trend, and acquired loss today, and lost 188 points in the market with trading price of 59570 rupees per kg in the market. On the other hand silver Dec future trading contract had lost 168 points with rate of 0.28%. I think thank silver Dec future contract is go in more loss now and trader should sell this contract. Copper metal is trading in 420.9 rupees with loss of 5.05 points now while crude oil is trading in 4648 rupees per gallon and made loss of 21 points.

Commodity tips for today- 


BUY GOLDM 5 NOV @ 30860 TGT 30895, 30925 SL 30810 

SELL GOLD 5 DEC @ 31080 TGT 30950, 30990 SL 30850 

BUY SILVER 5 DEC @ 59560 TGT 59590, 59620 SL 59500 

BUY SILVERM NOV @ 59590 TGT 59620, 59650 SL 59530

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