MCX Gold:
International Gold traded nearly Yesterday s MCX closing price.U S House Republicans are scheduled to vote today on the temporary suspension of the $16.4 trillion debt ceiling. The proposal is intended to prompt the Democratic-controlled Senate to approve an annual budget, this is First time in Four four years, by withholding lawmakers’ pay if a budget is not passed by April 15.
Whenever the U.S. goes deeper into debt, it influences gold prices to the upside.Gold rallied for a 12th year in 2012 on global stimulus. The Bank of Japan said yesterday it will buy 13 trillion yen ($146.7 billion) in assets a month next year.In the U.S., the Federal Reserve is purchasing $85 billion of government and mortgage debt a month.
yesterday MCX Gold Closing price 30772.
MCX Gold climbed up due to effect gold import duty hike news.MCX Gold is taking support at 200 days of Moving Average at 30718.Goldman Sachs Group Inc.,the biggest investment banker reported that Bullion may climb over the next three months as U.S. lawmakers attempt to tackle the debt ceiling and the world’s largest economy slows.International Gold Facing Resistance of 1696.Struggle to break it.
MCX Gold Resistance 30820,30898,30936
MCX Gold Support 30660,30585,30480
Yesterday MCX Gold Data Reference/Bhav Copy
Commodity
|
Contract
|
Open
|
High
|
Low
|
Close
|
GOLD
|
5-Feb-13
|
30720
|
30818
|
30715
|
30772
|
GOLD
|
5-Apr-13
|
31306
|
31420
|
31300
|
31372
|
GOLDM
|
5-Feb-13
|
30766
|
30808
|
30704
|
30763
|
GOLDM
|
5-Mar-13
|
31092
|
31139
|
31050
|
31092
|
MCX Silver
yesterday MCX Silver Closing price 59617
Silver also traded nearly in Yesterday MCX closing levels. Silver traded near the highest level in a month and was set for the longest rally in a year.Silver Technically Positive for Buying side in International Market.MCX Silver 50days Moving Average is 59509.Once MCX Silver trade above 59740,let it possibly give pullback.
MCX Silver Resistance 59740,59880,60240
MCX Silver Support 59470,59340,58940
Yesterday MCX Silver Data Reference/Bhav Copy
Commodity
|
Contract
|
Open
|
High
|
Low
|
Close
|
SILVER
|
5-Mar-13
|
59396
|
59720
|
59217
|
59617
|
SILVER
|
4-May-13
|
60654
|
61056
|
60550
|
60956
|
SILVERM
|
28-Feb-13
|
59455
|
59739
|
59235
|
59630
|
SILVERM
|
30-Apr-13
|
60805
|
60994
|
60694
|
60806
|
SILVERMIC
|
28-Feb-13
|
59400
|
59725
|
59233
|
59628
|
SILVERMIC
|
30-Apr-13
|
60750
|
61050
|
60601
|
60954
|
MCX Crude Oil
Yesterday MCX Crude oil Closing price 5202
Crude Oil traded 20 cents lower from Yesterday MCX Closing level. MCX Crude Oil facing strong Resistance at 5224,once it breaks strong momentum there.
MCX Crude oil Resistances 5224,5245,5267
MCX Crude oil Supports 5176,5147,5124
Yesterday MCX Crude oil Data Reference/Bhav Copy
Commodity
|
Contract
|
Open
|
High
|
Low
|
Close
|
CRUDEOIL
|
19-Feb-13
|
5152
|
5207
|
5145
|
5202
|
CRUDEOIL
|
19-Mar-13
|
5191
|
5249
|
5188
|
5244
|
MCX Copper
Yesterday MCX Copper Closing price 440.2
Yesterday MCX Copper Data Reference/Bhav Copy
Commodity
|
Contract
|
Open
|
High
|
Low
|
Close
|
COPPER
|
28-Feb-13
|
436.9
|
440.5
|
436.9
|
440.2
|
COPPERM
|
28-Feb-13
|
436.7
|
440.45
|
436.7
|
440.2
|
MCX Copper Supports 438.5,436.3,434.6
Related Links:
MCX Live Rates
- MCX Trading with Pivot Levels
- MCX Commodities Weekly Pivot Supports and Resistances for Jan'21
- Commodities Weekly Pivot,Supports&Resistances for Jan'21 in International Market
MCX Intraday Calculator/Commodity/Nifty Calculator
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