Tuesday MCX commodity market opened down side, on mcx gold and silver performing very bad. Mcx gold prices started 39925 but on Monday its close at 30123. No such heavy movement seen in gold and silver today. Both precious metal trading lower from 2 days. Gold down from its open with 0.38% or 114 points at 30009.
On Tuesday Mcx silver may contract again holding the red sign.Today silver prices trading very volatile with no movements very sharp declination are seen in morning session.On Tuesday silver open down from its close at 45880 or 101 points or 0.22%.
Currently base metal are trading negative direction only natural gas and nickel trading positive at Mcx. Nickel march contract trading above 9 points or +0.97% at 954.50 it touched a intraday high of 955.50 and a intraday low of 946.50.
Mcx crude oil sell below 6225 targets 6125/6115/6105 stoploss 6281
Mcx copper sell below 422 targets 408/404/400 stoploss 431
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