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Gold hit 40000 continued its rally to the highest level breaching the mark hovering in the market and supported by concerns of slowing global growth."

After a stunning 4 per cent rally last week on the back of fuel price hike and global cues, the BSE Sensex added over 250 points in early trade on Monday and hit a 52-week high of

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It's visible from the appended weekly chart that the MCX Gold prices have completed the double top chart pattern, which is a bearish pattern. And prices have ended below the neckline for the second consecutive week. Projected target according to the chart pattern is around 28500 levels. We expect prices to continue their southwards journey until the price target is hit.... Read full report here - http://www.live-market-tips.com

Gold fell 1 percent on Wednesday, nearly erasing all of the previous session's gains, hit by disappointment over a lack of new Federal Reserve stimulus and deflation worries over across-the-board deep U.S. spending cuts. A rally in U.S. equities also weighed on gold's safe-haven appeal, as bullion snapped a four-session winning streak a day after Fed Chairman Ben Bernanke defended the central bank's bond-buying stimulus policy.... Read full report with free tips here- http://www.live-market-tips.com

Gold rose nearly 1 percent on Tuesday after a top European Central Bank official said the euro zone crisis was not over, but the metal remained vulnerable as redemptions in gold-backed exchange-traded funds continued. Holdings of SPDR Gold Trust, the world's biggest gold-backed ETF, fell to the lowest since October 2011 at 1,236.729 tonnes as of Monday. Other analysts, however, said that the pace at which ETFs investors exit their positions has been easing in the past week, which should help stem recent losses in gold. The Dow Jones industrial average ended little changed on Tuesday after it hit a record high for the fifth consecutive session on Monday..... Get MCX Live Tips here- http://www.live-market-tips.com

Base metal futures may rise early next week on hopes of improved demand following upbeat US jobs data, but profit booking at higher levels and demand concerns from China will limit gains. The price of copper responded with unusual vigor to Friday's strong payroll report. The metal's most actively traded futures contract jumped 6.8%, hitting a threeweek high and staging what Dow Jones Newswires says was the biggest single-day gain in a year and a half. Copper finished up over 6% as shorts scrambled to cover after Nonfarm Payrolls and the Unemployment Rate in the US came in better than expected. In the case of the Payrolls number, it was the revision of the previous month (from 88k to 138k) that really got the market excited.... Get Sure Shot MCX Commodity Tips here @ http://www.live-market-tips.com/free-trial/

Precious metals witnessed yet another decline, with COMEX silver prices losing the most on the day. Strong tone in global equity markets have led to investor's preference for riskier assets. Equities across the globe rallied, as a pick‐up in German economic sentiment index boosted hopes of economic recovery in Europe. In this respect, the ZEW survey beat expectations to hit its highest level since April 2010... Read Full report with MCX Tips here- http://www.live-market-tips.com/mcx-bullion-updates-commodity-tips-today/

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MCX, Silver May contract gained around 1.3 percent and hit an intra-day high of Rs. 56,048/kg on Thursday. Silver holdings of ishares silver trust, the largest ETF backed by the metal, declined to 9,552.14 tons, as on April 20........ Read full report with free tips here @ http://commodity-intraday.blogspot.com

Copper and other metals declined, hit by fears of a global economic slowdown on contracting EU and Chinese manufacturing activity and weak US private-sector jobs data. In international...... Read full report with free tips here @ http://commodity-intraday.blogspot.com

Pepper futures are expected to trade down because of profit booking, after hitting a record high in the previous sessions. Also, the sentiment was subdued for the spice after NCDEX levied 10 percent additional margin on both long and short positions. Fall in prices from record high led to rise in arrivals..... Read full report here @ http://commodity-intraday.blogspot.in/2012/03/ncdex-live-tips-and-trend-for-today.html

Pepper futures may continue its weak trend on extended profit booking after hitting record high last week. The imposition of special margins on pepper futures are weighing on the sentiments. Further a marginal increase in daily arrivals was witnessed in the spot market due to recent fall in prices. On Monday, the arrivals increased to 57 tonnes from 23 tonnes on previous day........ Read more here @ http://commodity-intraday.blogspot.in/2012/03/ncdex-tips-and-trend-for-today-buy.html

The first trading day of the week in the international commodity market shopping trend is being witnessed. COMEX up gold and silver, so the crude oil boom is hitting NYMEX. Copper on the LME is trading flat. At the moment COMEX 1676 dollars per ounce gold with a gain of 0.3 per cent is trading at. Silver rose 1.5 per cent on the COMEX level reached 31.20 dollars per ounce. Meanwhile on LME copper is trading with a gain of 0.15 percent.... Read full report here @ http://commodity-intraday.blogspot.in/2012/08/mcx-tips-for-today-gold-has-touch.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

The rally had market knocking on the doors of the 5,000 mark. The Sensex rose 276.69 points, to close at 16,466.05 and the Nifty moved up 93.40 points to 4,967.30 after hitting an intra-day high of 4,975.55...... Read Full News Here- http://tinyurl.com/6oo9qqy