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The round of selling in Gold and Silver price has been continues today also in International Market. After heavy drop in Gold price on Monday, it carries the downtrend on Tuesday also. COMEX Gold had reached to its 5-year low level after hitting 4% down on Monday. While COMEX Silver also fell 0.25% and reached at $ 14.7 per ounce. Apart from these Crude oil is also facing some selling pressure. NYMEX Crude slipped below $ 50....
Read more here- http://www.pinnaclefinancial.in/blog/mcx-tips-gold-price-fell-crude-tips-updates/
Gold, Silver, Crude oil and Natural Gas have started trading with a strong fall in Domestic Commodity Market. Due to US interest rates are likely to rise and fall in China's stock market the strong fall in commodity prices is seeing. In International market Gold has dropped down to its five and a half year low level. While crude prices also close to its four-month low levels....
Read more here- http://www.pinnaclefinancial.in/blog/mcx-commodity-tips-crude-oil-face-trend-today/
Copper futures lost around 1% while comments and statements from major producers and investment banks across the globe intensified the slide in the red metal and peers. US Crude along with Brent too sliding lower towards their lowest mark for the active September contract aided the downside into the industrial metals as for crude too higher supplies and lower demand is leading towards lower prices which is anticipated to act bearish over the inflation aspect globally while indirectly effecting consumption on major commodities including industrial metals.....
Read more here- http://www.pinnaclefinancial.in/blog/intraday-mcx-tips-base-metals-copper-updates/
Fresh buying seen in Jeera from it support. Jeera prices current profit booking would continue till 15525 levels. But major selloffs might witness below 15200 regions. Supporting a short term correction is indeed. However, if prices retreated and managed to close above 15850..
Read more here- http://www.pinnaclefinancial.in/blog/ncdex-calls-fresh-buying-in-ncdex-trend/
The declining trend in Gold prices will remain or gold will shining again depend on the Fed's interest rate signals. If there are indications of increases in interest rates, the price of gold as well as the Base Metals prices also will drop. If it indicate hike in interest rates then it will also important that from when the new rates...
read more here- http://www.pinnaclefinancial.in/blog/commodity-tips-gold-trend-fed-reserve/
The market failed to rebound on Thursday despite upside in Asian markets and further upmove in European markets. Technology, auto, oil and FMCG stocks dragged the market down while capital goods & pharma supported. The 30-share BSE Sensex fell 114.06 points to 27573.66 and the 50-share NSE Nifty declined 34.50 points to 8328.55. The broader markets, too, declined in late trade. The BSE Midcap and Smallcap indices were down 0.33 percent each. Though the Greece and China woes continue to weigh, the market started focussing on April-June quarter earnings, believe experts. There is a significant sequential improvement expected in earnings this quarter. According to Our experts if forecast is correct, June quarter will have the best sequential growth in past four years for sales, EBITDA and net profit
Read more for Stock Futures and Option Report here- http://www.pinnaclefinancial.in/blog/stock-options-call-nifty-tomorrows-trading/