Wednesday, December 7, 2011

Commodity Tips for Today

MCX Copper is trading down by 1.01% as the possibility of a Euro zone downgrade cast fear amongst investors.MCX copper February contract is trading at Rs 407.70 after opening the day at Rs 410.90.

Crude palm oil December contract is trading at Rs.505.50 per Kg, lower by 0.28 per cent on 14:00 IST against the previous close and in morning session the contract traded at a range of Rs.507.10-501.10 per 10 MT.

MCX gold gains, resistance at Rs.29290/29400.MCX gold jumps, resistance at Rs.29226-29330.

MCX silver jumps, resistance at Rs.56500-56530.MCX silver gains, resistance at Rs.57268-57763.

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