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The commodity oil prices at global level plunged as commodity markets across the globe reeled under the impact of the powerful earthquake and tsunami that shocked Japan. The commodity crude for April delivery ended trading at $101.16 a barrel after hitting as low as $99.01 a barrel earlier in the day.

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Today's market opened positive and ended at its all-time high due positive economic data. Sensex gained 133.97 points to 30322.12; Nifty gained 44.50 points to 9445.40.

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In the evening session we expect, precious, base metals and crude oil prices to trade on a positive note on the back of mixed market sentiments along with weakness in the DX. Hopes that the US debt ceiling might be lifted or postponed till May 2013 is also expected to add to the gains. The House of Representatives are scheduled to vote today to pass legislation suspending the government's $16.4 trillion debt limit until May 19, 2013. This might provide republicans to plan to focus on spending cuts which needs to be resolved amongst President Barack Obama and congressional Democrats.... Read Full report here- http://onlinetradingttips.blogspot.com

MCX Gold Tips We expect spot gold prices to trade lower during the week, on account of rising uncertainty over global economy, a stronger dollar and mixed market sentiments. Additionally, Europe's debt concerns still persist and any news or development from the Euro Zone front will affect the prices........ Read full report with free tips here @ http://commodity-intraday.blogspot.com

Gold erased all its gains for the year so far, as concern that Europe's debt crisis is deepening strengthened the dollar and reduced gold's safe-haven appeal as an alternative asset. Copper crumbled to a 4-month low.... Read full report here @ http://commodity-intraday.blogspot.com

The MCX Gold is in perfect uptrend now. Although it was in strong downtrend in last week but volume is unsatisfactory. The open interest is not increasing with trend. The Gold is now trading in overbought level..... Read full report with free tips here @ http://commodity-intraday.blogspot.com

Slight decline in the international market with gold and silver are traded. Comaks dropped 0.25 per cent on gold at $ 1,617, while silver, 0.30 per cent fall to 28 dollars per ounce. 0.37 percent on Wednesday....... Read more here @ http://commodity-intraday.blogspot.com

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

In the coming week we expect gold prices to remain sideways with upward bias on the back of weakness in the DX triggered by expectations that stimulus measures might be taken soon. In the domestic markets appreciation in the Indian rupee might cap sharp gains in the gold prices.... Read more here- http://commodity-intraday.blogspot.com

Germany's Supreme Court ruled in favor of the ESM fund after sharp rise in commodity markets have seen. The boom of Rs 32 105 on MCX gold managed to reach new record levels.... Read more here- http://commodity-intraday.blogspot.com

Commodity market has a consolidate trend today where the gold is trading on its high levels and silver is facing down side on intraday basis..... Get the sure shot trend for bullion from here-

Markets are now looking forward to measures and actions by global policy makers to tackle the crisis and if any news with respect to the same is announced then risk sentiments could improve......... Read full report here @ http://commodity-intraday.blogspot.com

On MCX, crude oil prices have lost nearly 1 per cent. Because crude oil in the international market is about 0.5 per cent of turnover. Actually yesterday NYMEX heavy crude oil in just 1 minute... Get Free Commodity Tips here- http://commodity-intraday.blogspot.com

Reports of strong growth in the US housing sector however raises prospects that US interest rates will rise sooner that market expectations. Rise in global equities will also exert downside pressure on gold prices