Monday, 22 October 2012

Gold, Silver, Copper, Crude Updates Today 22 oct 2012


Bullions:

Bullion counter is expected to trade on volatile path. On the domestic counter gold can trade in the range of 30,600-31,800 and silver in the range of 59,000-62,000 in MCX. 

Base Metals:

Copper may trade in the range of 425-450 while Lead can move in the range of 112-117. Aluminum prices may trade in the range of 104-108. Nickel prices can trade in the range of 880-950 in MCX.

Energy:

Crude oil prices witnessed lower level buying recently but further movement will depend upon direction of greenback, Middle East tensions, Euro zone and global growth concerns. Crude oil can trade in the range of 4,750-5,250 in MCX. US natural gas prices may remain on volatile note as it can trade in the range of 182-205 in near term. 

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1 comments:

  1. I received a newsletter on resource option trading. They provide timely advise for option trading on commodities, such as sugar, copper, gold, etc. Thanks for sharing this information. I like your post very much. I get good tips and knowledge from your post.

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