GOLD SILVER NEWS AND COMMODITY MARKET CALLS FOR TODAY JUNE 3, 2013

International commodity market news

In the global market, the metal commodities are trading in bullish while in energy commodity, some of them are red. The precious gold and silver commodities are trading in profit in the international market today. The crude is trading in loss and having red mark in the price change at now in the global market. Gold is trading in up by 0.50%, silver is trading in up by 0.38% while crude oil is down by 0.17% at now in the market.

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Indian commodity market news

In the domestic market, mostly commodities are trading in upside in the market while some of them are going down. The gold is trading in loss right now while some time before it is in profit. Silver is still up while crude price is down. The gold prices are down by 11 points and slightly going down with slow rate in price change. Silver price is having +215 Rs profit and crude is down by -24 points. The base metal segment is trading in plus and having profit in their price at now.

TIPS FOR TODAY

BUY MCX GOLD ABOVE 26815 TARGETS 26850/26885 STOP LOSS 26773

BUY MCX SILVER ABOVE 43760 TARGETS 43800/43850/43900 STOP LOSS  43700

INDIAN AGRI MARKET UPDATES

In the global market, the agri commodities are trading in profit. Cotton is up by 1.68% while coffee is down by 0.18%. Wheat, sugar, soya bean and corn prices are up in the market. In the domestic soya bean, cotton and kapas future contract price is trading in bullish mode and having place in the top gainers list while maize all future contracts are trading in loss as big and they all are listed in the top losers list of the day.