Mcx daily report

13/07/2015

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COMMODITY OPEN HIGH LOW CLOSE

SILVER 35469 35885 35342 35615

GOLD 26088 26158 26017 26058

CRUDEOIL 3383 3418 3302 3331

NETURALGAS 174.30 178.40 173.70 177.40

ZINC 128.10 128.50 126.50 127.55

LEAD 114.75 115.60 113.25 113.70

ALLUMINIUM 106.35 106.70 105.40 106.15

COPPER 360.00 360.90 356.50 358.70

NICKEL 735.00 739.20 711.30 713.10


Gold weakens on sluggish demand; silver strengthens. Gold eased by

Rs 6.00 to Rs 26,058 per ten grams at the bullion market on Friday

owing to slackened demand from jewellers even as the metal

strengthened overseas.

Silver, however, inched up by Rs 287 to Rs 35,615 per kg.

Bullion traders attributed the fall in gold prices to easing demand

from jewellers and retailers at current levels. But, a firming trend in

the precious metal overseas, capped the losses.

Lead down by 0.04% on global trend. Lead futures declined 1.22% to

Rs 113.70 per kg on Friday as participants reduced positions even as

metal strengthened at the London Metal Exchange (LME).

At the Multi Commodity Exchange, lead for delivery in July traded lower by 1.40 paise, or 1.22%, to Rs 113.70 per kg, with a business turnover of 287 lots.


MCX GOLD AUG2015

The above Daily chart of Gold suggest that prices have reversed

after taking support level. RSI is in a Buy mode. We expect prices

to correct up to levels of 26240.

GOLD TECHNICAL UPDATE

Researcher View


CRUDEOIL TECHNICAL UPDATE

MCX CRUDEOIL JULY2015

Researcher View

The above Daily chart of Crude oil suggest that prices have

reversed after taking support level. RSI is in a Buy mode. We

expect prices to correct up to levels of 3250.


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Mcx daily report