Market Update

Market Watch

Wednesday 25 June 2014

Mid-Day Live Mcx Tips Updates for Indian Stock Market

In MCX GOLDPETAL July contract was trading at Rs 2829 down Rs 4, or 0.14 percent. The GOLDPETAL rate touched an intraday high of Rs 2831 and an intraday low of Rs 2822. So far 1657 contracts have been traded. GOLDPETAL prices have moved down Rs 149, or 5.00 percent in the July series so far.
Gold prices eased in Asia early Wednesday on profit-taking, but remain well supported on the civil strife in Iraq. Gold futures for August delivery traded at $1,319.70 a troy ounce, down 0.12%, after hitting an overnight session low of $1,314.60 and off a high of $1,326.60. Silver for September delivery was down 0.58% at $21.975 a troy ounce. Copper futures for September delivery were up 0.10% at $3.144 a pound. 
Crude oil for delivery in August tacked on 0.19%, or 20 cents, to trade at $106.24 a barrel during European morning hours. Futures held in a range between $105.74 and $107.46 a barrel. Wednesday’s government report was expected to show that U.S. crude oil stockpiles fell by 1.6 million barrels last week, while gasoline stockpiles were forecast to increase by 1.5 million barrels.
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