Today gold futures prices are diminish by more than -150 point on intraday trade; due to increase in metal import duty by 2%, now metal import prices comes to 8%. Bullion market are trading in red side on Thursday, currently yellow are on weak side on intraday trade it touch a high of 27749 with a low of 27490. At COMEX gold prices slumped by $14.70 to $1397.20 an ounce. Silver price also follows the same trend and in MCX looking to come on green side in evening trade. In evening trade bullion are looking to recover its position after a low trading session.In energies mentha oil are trading in green side, in this week mentha oil showing a volatile movement at Domestic future trading at MCX. While natural gas and crude are trading in red side in today morning session but some correction are looking in evening trade.
Evening trading calls
Buy gold August above 27700 tgt 27750, 27800, 27900
Buy silver July above 44450 tgt 44550, 44650, 44700……………sl 43800
Buy nickel June above 862 tgt 865, 868, 870…………sl 850
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