Market Update

Market Watch

Tuesday, 12 August 2014

Mcx Gold, Silver Market Trends by Money CapitalHeight



Mcx Gold, Silver Trends:
·         Gold futures for December delivery fell less than 0.1 percent
·         Silver futures for September delivery gained 0.8 percent
·         Crude oil for September delivery advanced 43 cents, or 0.4 percent
·         Industrial metals from aluminum to zinc rose
Gold prices declined as investors sent holdings in futures and options to the lowest in almost five years amid easing tensions in Ukraine. Silver futures for September delivery gained 0.8 percent to $20.095 an ounce on the Comex. West Texas Intermediate gained for a third day on estimates that U.S. oil inventories dropped as refineries processed record amounts of crude for this time of year. Zinc gained 0.4 percent to $2,304 a ton. Lead and nickel climbed, while copper and tin were unchanged.
GOLD (OCT)
Trend: Consolidate
 Strategy: Buy on dips
R1- 28880, R2- 29250
S1-28350, S2- 28080
SILVER (SEP)
Trend: Consolidate
Strategy: Sell on high
R1- 44550,R2- 45700
S1-42450, S2- 41480
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Thursday, 7 August 2014

Get Mcx Tips with Latest Market Updates;Gold holds near 1-week high

Today in Mcx market Gold edged lower on Thursday after rising more than 1 percent the previous day as a firmer dollar offset concerns that tensions between Russia and the West over Ukraine could escalate. Spot gold was down 0.2 percent at $1,302.20 an ounce at 0933 GMT, while U.S. gold futures for December delivery were down $4.70 an ounce at $1,303.40.
MCX GOLDPETAL August contract was trading at Rs 2885 down Rs 4, or 0.14 percent. The GOLDPETAL rate touched an intraday high of Rs 2895 and an intraday low of Rs 2881. So far 3984 contracts have been traded. GOLDPETAL prices have moved down Rs 215, or 6.94 percent in the August series so far.
MCX SILVERM August contract was trading at Rs 43870 down Rs 74, or 0.17 percent. The SILVERM rate touched an intraday high of Rs 44148 and an intraday low of Rs 43825. So far 8069 contracts have been traded. SILVERM prices have moved down Rs 3236, or 6.87 percent in the August series so far.

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Live Mcx Trading Tips Live Updates;Gold well bid above $1,300

In Mcx Gold held on to overnight gains above $1,300 on Thursday, trading near its highest in more than a week as fears of Russian military action against Ukraine and retaliation by Moscow over Western sanctions burnished gold's appeal as a safe haven. 
The metal hit $1,309.60 in the previous session – its highest since July 29. U.S. gold was also steady at $1,308.60 after rising 1.8 percent in the previous session. Gold is seen as an alternative investment to riskier assets such as equities, especially during times of economic and geopolitical uncertainties. It has gained more than 8 percent this year on geopolitical tensions. 
Natural gas futures rose for a second consecutive session on Wednesday as updated weather-forecasting models called for a warming trend across the eastern half of the U.S. Natural gas futures for delivery in September traded at $3.929 per million British thermal units during U.S. trading, up 0.81%. The commodity hit a session low of $3.878, and a high of $3.939.
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Tuesday, 5 August 2014

Today Mcx Tips Latest Market Updates; Gold October contract trades flat

MCX GOLDM September contract was trading at Rs 28053 down Re 1. The GOLDM rate touched an intraday high of Rs 28119 and an intraday low of Rs 28012. So far 3803 contracts have been traded. GOLDM prices have moved up Rs 2154, or 8.32 percent in the September series so far.
MCX SILVERMIC August contract was trading at Rs 44030 down Rs 111, or 0.25 percent. The SILVERMIC rate touched an intraday high of Rs 44180 and an intraday low of Rs 44000. So far 14787 contracts have been traded. SILVERMIC prices have moved down Rs 5701, or 11.46 percent in the August series so far.
Natural gas futures rose on Monday after updated weather-forecasting models called for a return of seasonably warm temperatures across the U.S., which should hike demand for the commodity as households crank up their air conditioning. Natural gas futures for delivery in September traded at $3.822 per million British thermal units during U.S. trading, up 0.63%. 

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Live Mcx Tips Market Updates; Gold held steady below $1,300

In Mcx an ounce on Tuesday, although a strong dollar and the first outflow in more than a week from the worlds top bullion fund weighed on sentiment. Gold has recently been hurt by U.S. economic data as a strong recovery could prompt the Federal Reserve to raise interest rates, diminishing the appeal of non-interest bearing assets such as bullion. 
Gold prices fell on Tuesday after investors ditched safe-haven positions in the yellow metal and went long on U.S. stocks due to earnings and jobs data. On the Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at 1,288.60 a troy ounce during U.S. trading, down 0.48%, up from a session low of $1,287.10 and off a high of $1,296.40.
Meanwhile, silver for September delivery was down 0.82% at $20.203 a troy ounce, while copper futures for September delivery were up 1.02% at $3.247 a pound. Crude oil for delivery in September traded up 0.33% at $98.20 a barrel during U.S. trading. New York-traded oil futures hit a session low of $97.44 a barrel and a high of $98.33 a barrel.

Money CapitalHeight Research Pvt. Ltd is one of the best companies which assure for great benefits to the small investors or individual investors without having any worry about others. We are providing Mcx Tips, Free Intraday Mcx Tips, Mcx Trading Tips, Bullion Tips, Nifty Option Tips, Live Tips, Commodity Tips on mobile .For more info: www.capitalheight.com/bullion-premium.php or call us on 9993066624 and 0731-6615050.