Thursday, May 23, 2013

Commodity Market Updates & Calls

0 comments
Commodity Market Live Updates Gold is likely move down in today's Indian Commodity Market. However a weaker rupee due to weak domestic markets can limit the downside. Gold for June delivery on MCX was down by 0.56% at INR 25,963/10gms and silver was up by 0.13% closing at INR 43,226/kg. In the energy sector crude oil prices are expected to go down as markets are well supplied and demand concerns from China can continue to push prices down. Natural gas is expected to move in a range ahead of thei nventories data today. Commodity Calls Sell Gold-June at 26200-26250 TGT 25600 SL 26400 Sell Silver- ...
Continue reading →