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The precious metals were in the down trend in the last week trading session at navratri festival duration but they showed good momentum in the market and traders have enough profit except from Tuesday. On the Tuesday, gold and silver had not any good moment but yesterday gold and silver follow good prices and made good profit while other base metals were red. All commodities trading session had enough slow down and made much loss in this week at MCX exchange.
MCX Gold Commodity trading session was very weak in the last week. Much time gold had enough momentum but Gold traders had not a big profit amount. The market analyst said that gold lost highest rupees since last four months in Indian commodity market. Now we suggest to Gold future trader to hold because gold become up and trading in high rates due to Indian wedding session will starts with in next two weeks and must gain much profit in this duration of wedding.
MCX Silver prices also fell down in this week and not have high while yesterday Silver gained 450 points but silver prices were down. Silver trading session had low price in the last seven months and not showing high prices in any day of this week. Silver is traded at high 62800 around and low price of silver was 59000 rupees per kg. We expect that in upcoming days, silver prices will be high and will trade in good profit for traders and investor due to wedding season in coming soon.
Crude oil prices had touched the lowest price at 4500 around and in the week crude neither had moments and neither had good profit for traders while last day crude had only trading at 4650 and had 50 points plus. Due to U.S. Economic, Crude oil neither had much profit from last three week and nor had good price rate.
The precious metals were in the down trend in the last week trading session at navratri festival duration but they showed good momentum in the market and traders have enough profit except from Tuesday. On the Tuesday, gold and silver had not any good moment but yesterday gold and silver follow good prices and made good profit while other base metals were red. All commodities trading session had enough slow down and made much loss in this week at MCX exchange.MCX Gold Commodity trading session was very weak in the last week. Much time gold had enough momentum but Gold traders had not a big profit amount. The market analyst said that gold lost highest rupees since last four months in Indian commodity market. Now we suggest to Gold future trader to hold because gold become up and trading in high rates due to Indian wedding session will starts with in next two weeks and must gain much profit in this duration of wedding.
MCX Silver prices also fell down in this week and not have high while yesterday Silver gained 450 points but silver prices were down. Silver trading session had low price in the last seven months and not showing high prices in any day of this week. Silver is traded at high 62800 around and low price of silver was 59000 rupees per kg. We expect that in upcoming days, silver prices will be high and will trade in good profit for traders and investor due to wedding season in coming soon.
Crude oil prices had touched the lowest price at 4500 around and in the week crude neither had moments and neither had good profit for traders while last day crude had only trading at 4650 and had 50 points plus. Due to U.S. Economic, Crude oil neither had much profit from last three week and nor had good price rate.
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