MCX Bullion Outlook, Commodity Market News, Gold Updates, Silver Trend, Crude Tips, Nickel Tips, Copper Intraday Tips, Base Metals Trading Levels For Today 17 August:
RUPEE: Rebounds On Positive Shares.
Non Ferrous Space Losses Sheen Again On Thursday.
Chana To Open In Positive Territory In The Morning Trades.
Oil Tumbles From 3 Month Highs.
RSO Is Expected To Show Weak Movement On Bearish Global Cues.
Gold Tumbles On Profit Booking.
LME Three Month Forward Prices - 16 August 2012.
MCX silver increased by 0.6 % and closed at Rs.53750 after touching a high of Rs.53,795/kg in yesterday’s
session.
Gold gained by 0.3% and closed at Rs.30104 after touching a high of Rs.30152/10 gms on Thursday.
1> MCX Gold Oct : Support- 30030/29960 Resistance- 30170/30250
2> MCX Silver Sep : Support- 53400/53200 Resistance- 53900/54050
3> MCX Copper Aug : Support- 413/411 Resistance- 416/418
Gold gained by 0.3% and closed at Rs.30104 after touching a high of Rs.30152/10 gms on Thursday.
1> MCX Gold Oct : Support- 30030/29960 Resistance- 30170/30250
2> MCX Silver Sep : Support- 53400/53200 Resistance- 53900/54050
3> MCX Copper Aug : Support- 413/411 Resistance- 416/418
4> MCX Crude Aug : Support- 5240/5180 Resistance- 5330/5360
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