Wednesday, January 1, 2014

01/01/2014 outlook for gold prices|Mcx base metal evening trading tips

On 1 January commodity market mutable in positive side in evening a small movement we can see in precious metal.MCX gold continued in its downtrend on the 1st day of 2014,Gold trade down 11 rs at 28433 per 10 silver opened at 43870 per kg fell by 105 rs.

The outlook for the gold and silver prices is restrained.

After the volatile market. MCX crude oil apen at 6124 see small bit of change in evening from its previous close.In the Mcx natural gas is showing no movement trading at 263.80.MCx aluminium trading today in a sideway trend trading at 110.45 aluminium price show some slight changes in evening session.

Buy silver above 43950 target 44050/44150/44250 stoploss 43735
Buy nickel above 470 target 471/472/474 stoploss 465

If we look on Indian rupee opened at flat note 61.88 per dollar in the evening session rupee seen high 61.99 in evening session.



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