Market Update

Market Watch

Thursday, 3 July 2014

Accurate Mcx Tips Live Updates for Indian Share Market

Today MCX GOLDM August contract was trading at Rs 27707 down Rs 35, or 0.13 percent. The GOLDM rate touched an intraday high of Rs 27728 and an intraday low of Rs 27563. So far 4343 contracts have been traded. GOLDM prices have moved down Rs 837, or 2.93 percent in the August series so far. In Mcx Gold and silver futures were lower in cautious trade on Thursday, as investors looked ahead to the U.S. nonfarm payrolls report later in the day as well as a policy decision by the European Central Bank. Gold for August delivery shed 0.54%, or $7.20, to trade at $1,323.70 a troy ounce during European morning hours. Prices held in a range between $1,320.70 and $1,328.40 an ounce. Gold ended Wednesday’s session up 0.32%, or $4.30, to settle at $1,330.90.
Crude oil futures fell to three-week lows on Thursday, as easing concerns over a disruption to supplies from Libya and Iraq weighed on prices. Brent oil for August delivery slumped to a session low of $110.69 a barrel, the weakest level since June 12, before trimming losses to last trade at $110.75 during European morning hours, down 0.44%, or 49 cents.

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