09:45
MCX Tips
According to the research in stock market firm, precious metals are expected on the international markets to trade lower today on account of a stronger dollar and weak sentiments in the global markets due to deepening tensions with respect to Greece and Spain. More information about stock market tips visit my site stock-trade-tips.blogspot.com
Gold: Spot MCX gold prices rose sharply by more than 2 percent on the back of technical buying on Thursday. Additionally, a sharp decline in the US factory activity also increased expectations that the Federal Reserve may go for more monetary stimulus which further supported MCX gold prices.
The yellow metal touched an intra-day high of $ 1579/oz and ended its trading session at $ 1572/oz on Thursday. On the MCX Gold June contract gained around 2 percent and hit an intra-day high of Rs. 28,598/10 gms yesterday.
Silver: Prices on the international markets surged sharply by almost 3 percent in yesterday’s trading session, taking cues from rise in MCX gold prices and slightly upside in base metals pack. MCX Silver touched an intraday high of $ 28.32/oz and ended its trading session at $ 27.98/oz on Thursday.
MCX Silver July contract rose more than 3 percent on account of depreciation in the Indian Rupee and touched an intra-day high of Rs. 53,608/kg yesterday.
Gold: Spot MCX gold prices rose sharply by more than 2 percent on the back of technical buying on Thursday. Additionally, a sharp decline in the US factory activity also increased expectations that the Federal Reserve may go for more monetary stimulus which further supported MCX gold prices.
The yellow metal touched an intra-day high of $ 1579/oz and ended its trading session at $ 1572/oz on Thursday. On the MCX Gold June contract gained around 2 percent and hit an intra-day high of Rs. 28,598/10 gms yesterday.
Silver: Prices on the international markets surged sharply by almost 3 percent in yesterday’s trading session, taking cues from rise in MCX gold prices and slightly upside in base metals pack. MCX Silver touched an intraday high of $ 28.32/oz and ended its trading session at $ 27.98/oz on Thursday.
MCX Silver July contract rose more than 3 percent on account of depreciation in the Indian Rupee and touched an intra-day high of Rs. 53,608/kg yesterday.
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