Commodity Gold SIlver Updates and Crude Tips

[muktistocks 10]

Despite the rupee against the dollar on MCX has seen crude oil prices. However, selling pressure in international crude oil remains. While in China, second quarter GDP figures have gone below the level of the last 3 years. As well as Europe and America are also showing no signs of improvement.

 

MCX Crude Oil Tips

 

SELL CRUDE OIL JUL BELOW 4800 TARGETS 4785 , 4770 , 4755 STOPLOSS 4830

[Vinayak 10]

An update here as this thread hasn't had any in quite a while.

Gold prices have been up and down lately.

There has been mixed data coming out the US as of late with the most recent release being the unemployment rate and the job numbers that have been disappointing to say the least. The US trade balance has widened as well falling to -48.7B.

There is almost nothing positive coming out of the US in terms of the economy, yet we see the gold prices slumping.

Crude oil is slumping and this is to be expected after the US Crude Oil Inventories rose by 1.3M barrels and now we have higher inflation in China to top it off.

[matty33 10]

The s&p is now over 1500 and the jobless rate is slowly faling im not sure what else you could ask for? My gues is most commoditys have bottomed.

[nameeta26 11]

friends..

 

today at friday,, At Comex, Gold's 0.2 per cent decline with trading at $ 1,370 . Flat and silver is trading around $ 23.3. Naimaks flat and crude oil remains around $ 108.3.