Today the MCX Commodity market is mostly trading in loss while yellow metal and domestic Gas is trading in profit. As in the morning, the market is open and goes in high and then it fail down. We expect the silver will go in profit in the profit make money.
The mcx gold Apr future contracts is trading in profit and having green note in the prices change. It is trading in 29503 Rs with 123 Rs profit in its price money while silver prices is low and red but is recovering its price and having loss of 24 Rs and trading in 54170 Rs at now.
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On the other hand, the crude oil is trading in 5020 Rs and having loss of 42 Rs at now. While natural gas is showing profit in their prices and having profit of 3.70 points at 212.90 Rs in the noon.
BUY GOLD APR ABOVE 29500 TGT 29530/29560/2590 SL 29450
BUY SILVER MAY ABOVE 54250 TGT 54300/54350/54400 SL 54180
The base metal prices are red and showing loss in the base metal commodities prices. Aluminium is trading in 103.85 at -1.00 and copper is trading in 415.75 at -8.10 Rs loss.
Nickel, lead and zinc also in loss and trading in red note. The Nickel had made 14.30 Rs loss and trading in 899.50 Rs at now while Lead and Zinc had made 1.85 and 1.35 Rs loss respectively and trading in 117.75 Rs and 103.45 Rs in the market at noon.