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4-year low reached gold : pinnacle financial services, Indore

pinnacle financial, BSE metal, share market, midcap and smallcap stoks,

The state Department of Agriculture has targeted about 28.60 lakh hectares during rabi gram cultivation this year, while in previous year it was 28.53 lakh hectares cultivated grains produced.... Read more here- http://www.pinnaclefinancial.in/blog/ncdex-calls-pinnacle-financial-expert-view-on-chana/

Today stock market are in seling side for low trading in market. BSE and NIFTY both are low side in trading.

Gold ended marginally lower but downside was limited as the Dollar softens on Thursday due to sluggish claims data. Silver prices rallied on Thursday. The International Monetary Fund trimmed its forecast for global economic growth this year, citing recent weakness in the United States. But the IMF said growth prospects for next year remain undimmed, despite Greece's debt crisis and recent volatility in Chinese financial markets. The Euro strengthened after Greece proposed reforms similar to those demanded by creditors in return for a financial bailout, boosting the chances the nation will remain in the currency union and reviving risk appetite.

Iran was the big inmporter of Soyameal of India till the last year but now Iran has reduced the purchase of soymeal from India. From last 4 month Iran din't pruchase not even a kilo of Soyameal from India. NCDEX Aug Turmeric's uptrend seems to be over at 7724 levels and reversed the uptrend by forming a "bearish engulfing" candlestick pattern on daily charts. This development can drag the prices further down towards rising trend-line support of 7410 and 7270 levels. Read more here- http://www.pinnaclefinancial.in/blog/iran-deal-effect-on-indiacommodity-tips-and-updates/

China's copper imports fell 2.8 percent in June from the previous month, hitting a 4-month low as weak seasonal demand dampened buying amid a slow domestic economy. China's export sales unexpectedly rose for the first time in four months in June and imports fell again but posted their best performance this year, causing some optimism tepid trade flows are picking up. Today MCX launches its new contract- Gold Global. It is a Cash Settled contract, excludes custom duty, taxes and Domestic premium/discount... Read more here: http://www.pinnaclefinancial.in/blog/mcx-started-gold-global-contract-today/

The broader 50-share Nifty closed above 8600 for the first time since April 20. It closed up 84.25 points at 8,608.05.The 30-share BSE Sensex ended the day up 247.83 points, or 0.88 per cent, at 28,446.12. This was the highest close for the benchmark since April 17. The Cabinet approved composite foreign investment caps... Read more here- http://www.pinnaclefinancial.in/blog/stock-tips-nifty-tips-tomorrow/

Gold prices in the international market has reached the upper level of last three months. Due to this MCX Gold open with marginal gain. However, MCX Silver is trading in red due to strength in the dollar. On the other side a strong decline has been seen in crude oil prices. While in Base Metals are trading with a bull trend except Nickel. Read more here- http://www.pinnaclefinancial.in/blog/mcx-call-today-crude-oil-trend-tips/

Gold-Silver, Crude oil and Base Metals have started today's session with a weaken trend in domestic market minutes before of the Fed Meeting. Minutes of the meeting of the US Federal held in July will be released today. It may come to know that from when the increased interest rates will start from. The oil and oilseeds futures is trading with bear trend. While a sharp bull trend is seen in NCDEX Chana... Read more here- http://www.pinnaclefinancial.in/blog/commodity-tips-ncdex-updates-agri-today/

Gold prices have reached across 27000 level again on MCX in Domestic Markets due to surge in global market. Gold is now more safe investment because of strong decline in manufacturing process of China which is six and half years low along with a sharp decline in Indian Equity Market... Read more here- http://www.pinnaclefinancial.in/blog/mcx-gold-tips-bullion-updates-trade/

Crude Oil shown some strength in early trading today and has seen some recovery in Global Market after the sharp fall in prices on Monday. The International Crude oil prices touched a low of 37.75 dollars per barrel on Wednesday, which was the lowest level since March 2009. Read more here- http://www.pinnaclefinancial.in/blog/crude-oil-updates-global-market-trend/

Gold in global markets on Friday reached a five-year low. In New York, the price fell to 1129.60 dollars per ounce. It is at its lowest level since April 2010 gold now. The effect of this decline on the domestic market grew. Gold has reached a five-year low. Standard gold prices declined by Rs 150 trading at Rs 25950 per 10 gram..... Read more here- http://www.pinnaclefinancial.in/blog/mcx-tips-china-gold-reserve-gold-trend/

Indian markets after sporting a strong rally in previous session, went through choppiness today. Benchmarks that made a positive start of the day turned cautious in the very first hour of trade after touching their intraday high... Read more here- http://www.pinnaclefinancial.in/blog/stock-tips-tomorrow-intraday-futures/

It was a weak start to the July series on Friday as investors remained cautious ahead of Greece deal talks. Likely rise in banks' non-performing assets hinted by Financial Stability Report also dampened the sentiment. The 30-share BSE Sensex fell 84.13 points to 27811.84 and the 50-share NSE Nifty lost 16.90 points to 8381.10. The market breadth was weak as about 1183 shares advanced against 1491 shares declined on the Bombay Stock Exchange.... Read more for Weekly recommendation: http://www.pinnaclefinancial.in/blog/share-tips-nifty-trend-today/

All sectoral indices ended lower, with BSE Realty index emerging as the top loser down 2.2% followed by the IT and Metal indices among others.Metal companies witnessed profit taking to end lower yesterday. Hindalco Industries, Tata Steel, Vedanta and Jindal Steel ended down 0.8-4.6% down. Banking shares ended mixed. SBI, Axis Bank and HDFC Bank ended down 0.7-2.1% each, while ICICI Bank ended flat and HDFC ended with marginal gains.... Read more here-

The Sensex soared 200 points to end at 27,317 and the Nifty surged 50 points to close at 8,225. Above-normal monsoons, positive macroeconomic numbers coupled with a dovish stance by the Fed bolstered the rally. The last trading day of the week saw some history being formed in intraday session above the 200 day EMA of 8,195 and it is imperative that markets hold ground above the same in the coming expiry week.