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Tuesday, 3 July 2012

MCX Gold & Crude Oil Tips For Today


MCX Gold & Crude Oil Tips for Today

Crude oil has recovered strongly. ICE Brent crude rose above $ 97. Meanwhile NYMEX Crude oil stronger by 1.75%. MCX crude oil is trading at Rs 4688 with 1% up.European Union sanctions on Iran has been fully implemented. According to Goldman Sachs may see an impact on crude prices.

MCX Crude Oil Tips

Crude Oil July Futures Buy - 4715, Stoploss - 4700, Target – 4785.

Domestic Market Gold is traded with weakness . MCX Gold was down 0.25% to Rs 29 576. COMEX Gold brought up 0.8% and is close to $ 1611. International and domestic market silver is strong. MCX silver with gained of 0.5% at Rs 52 410. COMEX silver is up by 1.5% and trading close to $ 30.

MCX Gold Tips

Gold August Futures Sell - 29 525, Stoploss - 29 570, Target - 29 450.

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