CommodityOnline

MCX Gold August as seen in the weekly chart above has opened the week at 25,834 levels and made a low of 25,680 levels. During this week prices bounced from lower levels towards the high of 25,999...

MCX Silver July as seen in the weekly chart above has opened at 39,657 levels and made a low of 39,465 levels. During this week prices bounced from the lower levels towards the weekly high of 40,470...

MUMBAI: As seen above in the daily price chart of the MCX Copper June contract, it was trading between the following range with a Triangle Pattern from the last couple of days. Yesterday we saw that...

Natural Gas suggests that prices have reversed after taking support. June 05, 2014 16:05.The above daily chart suggests that prices have reversed after taking support of 270 levels. RSI is in a buy...

MUMBAI: Copper settled up 1.25% at 415.95 underpinned by seasonal buying interest in China, but trading volumes were light due to a holiday in China. China’s official manufacturing PMI released...

MUMBAI: Silver prices continued witnessing pressure during May month and lost third month in a row, losing more than 2.5% at MCX and half a percent in the international market mainly on back of...

MUMBAI: Gold futures ended the month down by almost 5 % as a broad-ly stronger U.S. dollar dampened the appeal of the precious metal while gains on MCX were also capped by local currency pair...

On Friday, crude oil lost 0.61% as disappointing U.S. economic data and profit taking weighted on the price. Thanks to these circumstances, light crude declined below $103, approaching its first...

MCX Crude oil June as seen in the weekly chart above has opened the week at 6,117 levels and during this week price made a high of 6,198 levels. During this week as expected prices could not able to...

MCX Copper June as seen in the weekly chart above has opened at 411.60 levels and as expected during this week prices made a high of 418.80 levels. We observed that prices could not able to sustain on...

MCX Silver July as seen in the weekly chart above has opened at 40,861 levels and during this period prices made a high of 41,230 levels. As expected during this week prices could not able sustain on...

As per our previous recommendation dated 29th May 2014 of going Short on Comex Gold , Price made a low of $ 1240 against Target $1231. Hence, in our view, profits on Short positions (as per our...

MUMBAI: Nickel settled down -1.96% at 1114 retreated on Thursday to reach its lowest since mid-May as investors closed positions following a price gain of almost 40 percent for the year so far. Still,...

Resistance could be seen at 108 levels and then next resistance is observed at 112 levels. Price can find support at 105 levels and below that strong support is seen at 103.50 levels. May 27,...

Going ahead prices might continue to show selling pressure during the start of next week as Rs. 41420 – 42375 could act as upside resistance for prices on MCX. May 27, 2014 15:10Silver...

Gold prices may witness down, support at Rs 27500/10 gmsGold prices may witness down, support at Rs 27500/10 gmsPrices are likely to go further down as bears are now controlling the market and not...