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Gold prices were pressured by strong US equity markets which touched a record high and dented gold's safe haven appeal. Outflows from gold-backed exchange-traded funds showed no signs of abating and fell to the lowest level since August 2009. SPDR Gold Trust, the world's largest gold-backed exchangetraded fund's holdings fell 0.31 percent to 1062.30 tonnes on Monday from 1065.61 tonnes on Friday. Gold prices internationally are likely to go down as stronger US economic outlook and improved risk appetite is likely to push gold prices down. Gold in India is likely to move down but a weaker rupee along with physical demand ahead of Akshay Tritiya can limit the downside in prices.... Get Free Intraday MCX Tips here- http://www.live-market-tips.com/blog/

Gold prices internationally are expected to move down as a stronger dollar over Italy's downgrade by S&P and caution ahead of FOMC meeting minutes can push prices down. We expect Crude oil prices to go up as lower inventories expected today can push prices higher.... Get MCX Commodity Trend here- http://mcxhnitips.blogspot.in/2013/07/mcx-india-commodity-trend-gold-silver.html

Gold imports to India, the world's biggest consumer, are likely to fall by as much as 26%, or by 200 to 250 tonnes, in 2012 as record high prices hit the budgets of consumers, said the head of Thomson Reuters GFMS on Friday. The south Asian country had imported a record 969 tonnes of the yellow metal in 2011 but higher import duties and a sliding rupee this year have helped cut purchases... Read more here- http://commodity-intraday.blogspot.in/2012/08/gold-silver-updates-gold-traded-high-on.html

Gold prices are expected to move in a range through the day. However a downside could be seen after the ECB press conference if the economic outlook for Euro zone remains positive and unchanged interest rates can also hurt prices. Gold in India is likely to move in a range with a negative bias due to a weaker rupee. Gold for April delivery on the Multi Commodity Exchange (MCX) was 0.37 percent up at INR 30,711/10gms.... Get Free Sure Shot Commodity Tips For Today Here- http://www.live-market-tips.com

Gold jewelry alongside bullions has constantly assumed an imperative part in the social legacy of Indian individuals. The yellow sparkling metal is a strong sign of riches and social positioning among different layers of Indian culture making India one of the top purchasers of this ware on the planet.

It was a good day to the bullion metals. Today gold prices surged more than 200 points in the major metros in India. In the Jaipur market Standard gold (99.5 purity) was up Rs 575 at Rs 28825 and pure gold........ Read Full Report Here-

The shocking thing is that the international market price of gold is still below the record level of 15 per cent. But the weakness in the rupee remains constant strength in the domestic market. However, this year around the world, including India gold demand has decreased... Read full report here- http://commodity-intraday.blogspot.com

Spot silver prices advanced in major cities in India. In Mumbai market, Pure silver (999 purity) was up Rs 1005 at Rs 56215 and in Ahmedabad market it was up Rs 945 at Rs 54905. It is likely to travel upwards as the momentum is quite strong on the upside. RSI (14 day) has gone into sell mode and it is also showing negative divergence thus indicating further weakness.... Read more here @ http://commodity-intraday.blogspot.com

The stock market trading is showing bearish behaviour as corporate earnings for March quarter. The Sensex is decline by 76.60 points at 28589.44 and the Nifty is down 45.10 points at 8661.60. Indian rupee gets weak against dollar around 2 paise lower opened at 62.32 today. Share of ONGC and Oil India companies goes higher due to cut in the petrol and diesel prices. In the commodity Market the Gold and Crude oil prices going down the line due to dollar showing strong side in the currency market.

MCX live india tips for gold is trading at about half per cent, the price has come down to Rs 28,000. Comaks is on the decline in gold. Silver also declined, down 0.22 per cent on MCX live tips for silver around 56 540 is trading at Rs.

Chana futures fell for a second session on Monday, weighed down by a sluggish physical market and lingering concerns about government intervention to curb rising food prices. Production of pulses in India is expected to...... Read full report here @ http://commodity-intraday.blogspot.com