Crude Updates & MCX Gold Silver Tips

MCX Gold is trading on lower levels. With a slowdown in gold on MCX is trading around Rs 28820, while the silver is leading of half per cent is trading around Rs 61100.

Technically Gold and silver Both metals are looking positive.

The initial decline in crude oil is still intact. Crude oil in the domestic market with around 1 per cent is trading near Rs 5277. Traders can take it as an opportunity to buy on dips. Accumulating crude around 5220-5200 would give a chance for Intraday traders to snatch some gain from the market.

MCX Gold Silver Tips and Base Metals News Updates for Today

Precious metals started the day with the spark of upside in the domestic commodity market. Both Gold and Silver are trading in buoyant mode. With the gain of more than 1% MCX Silver is approaching 57000 level while MCX Gold is trading near Rs. 27880.

Day traders are advised to trade in these metals on Dips.

All metals except aluminum on MCX is trading at a huge edge.Nickel gained nearly 1.5 percent, while of lead leaping more than 1 per cent. The copper and zinc is trading with gain of nearly 1 per cent.