Accurate Mcx Trading Tips for Today

Bullion counter can open with volatile path on mixed international markets. Gold can move in range of 26900-27200 and silver can move in range of 38700-39700 in MCX, according to SMC Research.MCX GOLD June contract was trading at Rs 27177 up Rs 69, or 0.25 percent. The GOLD rate touched an intraday high of Rs 27200 and an intraday low of Rs 27159.
MCX SILVERM June contract was trading at Rs 39261 up Rs 79, or 0.20 percent. The SILVERM rate touched an intraday high of Rs 39315 and an intraday low of Rs 39222. So far 1551 contracts have been traded. SILVERM prices have moved down Rs 739, or 1.85 percent in the June series so far.
Oil prices fell in Asia today, unwinding sharp gains in the previous session that was fuelled by hopes that a global supply glut could end soon. US benchmark West Texas Intermediate (WTI) for July delivery eased 15 cents to USD 60.57 while Brent crude for July fell 21 cents to USD 66.33 in afternoon trade.
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Accurate Live Mcx Trading Tips of Indian Bullion Market

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In Mcx Market Gold prices fell by Rs 110 to Rs 27,050 per 10 grams at the bullion market here today on easing demand from jewellers and retailers even as the metal strengthened overseas. However, silver prices recovered by Rs 150 to Rs 36,500 per kg on scattered buying from industrial units. Traders said slackened demand from jewellers and retailers at prevailing higher levels mainly weighed on gold prices but a better trend overseas, restricted the fall.
Gold futures for June delivery on the Comex division of the New York Mercantile exchange eased 0.28% to $1,199.80 a troy ounce, dipping below $2,000 after solid overnight gains. Elsewhere, silver for July delivery fell 0.42% to $16.370 a troy ounce. Copper for July delivery dropped 0.14% to $2.777 a pound. Overnight, gold prices soared on Monday erasing all of its losses from a precipitous fall last week.
Oil prices fell in Asia today after a senior Saudi official signaled that the world's top crude exporter has no intention of cutting production despite a global supply glut. Oil prices have shed about half their value since last June as global supplies of the commodity, boosted by strong production in the United States and the OPEC cartel, outpace demand.
MCX SILVER May contract was trading at Rs 37113 down Rs 35, or 0.09 percent. The SILVER rate touched an intraday high of Rs 37156 and an intraday low of Rs 37035. So far 1300 contracts have been traded. SILVER prices have moved down Rs 1896, or 4.86 percent in the May series so far.