Today the moment in gold and silver
is working not very high ,is gone with a small point .yesterday gold is closed
at Rs 31208 .everyone is waiting for the
fiscal cliff result ,what happen and did it affect the bullion price.. This are the question hits in
the mind of trader and financial Guru. Gold price is going down by 10 point at
2:10 pm today; the movement is expected after 03 pm on the February contract. The
movement in silver is not expecting from the last week but it can we expected the
good moment today , silver goes 84 point high from its previous close at Rs
61347 at 2:15 pm. Currently silver is in very good position to trade. Meanwhile
the global bullion is taking too much up and down in the last week. Crude oil for
February delivery is rise up 15% in the New York, Meanwhile china is expected
to consume 9.9 barrels per day for the
last 3 month of this year. Crude oil for December delivery on the MCX is traded
positive in the market tomorrow is the last day of contract, crude jump 28
point high on the MCX at 2.26 pm.
In the Indian house hold grocery rate
is increased by 15 percent despite of weak demand. FMCG product is going high
again and government is sitting by putting a hand on hand. This will surely
affect the consumer household activity.
Today calls:-
Buy gold tgt 31275..31325….31400………..sl
31858
Buy silver tgt 61500….61600….61700…….sl
60900
Buy crude oil tgt 4770….4785……….sl
4720
Seed Newsvine
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