Tuesday 3 September 2013

COMMODITY MARKET PRICES EXTENDS GAINS IN THE EVENING 03 SEPT 13

commodity market has been trading in both sides in the morning but now they are moving with up trends. Bullion commodities are showing green signal and moving up with slight changes. Energy commodities and base metal commodities prices are also up and extending their gains. MCX gold prices are trading with profit of Rs 736 at Rs 33800. MCX Gold makes a high on Rs 33980 and low of Rs 32940. Gold October is trading in low of 6.59% at overall in the market cause it is closed on Rs 33064 on the previous day. Silver prices are also up by Rs 1471 at 56425 and crude oil extends its gains to 180 points in the domestic market. Natural gas has trading in 4.40 Rs and copper is trading in profit of Rs 6.89 today.

BUY GOLD OCT ABOVE 33850 TARGET 34000/34150/34300 SL 33750 CMP 33700
BUY SILVER SEP ABOVE 56450 TARGET 56600/56800/57000 SL 56100 CMP 56425
BUY CRUDE SEP ABOVE 7380 TARGET 7400/7450/7490 SL 7335 CMP 7371

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