Today gold futures prices are diminish by more than -150
point on intraday trade; due to increase in metal import duty by 2%, now metal import
prices comes to 8%. Bullion market are trading
in red side on Thursday, currently yellow are on weak side on intraday trade it
touch a high of 27749 with a low of 27490. At COMEX gold prices slumped by
$14.70 to $1397.20 an ounce. Silver price also follows the same trend and
in MCX looking to come on green side in evening trade. In evening trade bullion
are looking to recover its position after a low trading session.
In energies mentha oil are trading in green side, in this
week mentha oil showing a volatile movement at Domestic future trading at MCX. While natural
gas and crude are trading in red side in today morning session but some
correction are looking in evening trade.
Evening trading calls
Buy gold August above 27700 tgt 27750, 27800, 27900
Buy silver July above 44450 tgt 44550, 44650, 44700……………sl 43800
Buy nickel June above 862 tgt 865, 868, 870…………sl 850
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