Live MCX- A blog where you can get live commodity Updates, MCX Gold Silver Trading Tips, Base metals- Copper, Zinc, Lead and Nickel Updates, Energy- Crude Oil Trend, Crude Oil Updates and Natural Gas Tips on daily and regular basis.
To provide MCX Tips- Gold Silver Live updates, Commodity Trading levels, Live news and updates on Various commodities like crude, copper, zinc, nickel etc, and exclusive tips on individual commodities. 
We are a bunch of experienced traders and technical analysts with both practical and technical knowledge of market. We track the market trend analysing the technical charts and fundamentals and provide tips accordingly. 
MCX Gold & Silver Trend:-
Gold prices slipped here in the
mcx bullion domestic market due to the fall in off take from the
traders and investors amid a weak trend in the overseas market. MCX
gold is trading at 29573 with a down of 0.29%. While the gold at
comex traded in up side and reached to the level of 1611 dollar.
Silver however gained modestly after falling over the 4 sessions .
MCX silver at mcx is trading with marginal gains after some of the
industrial buying.At mcx the silver is trading at 52410 with a hike
of 0.5 percent. At comex the silver is trading at 30 dollar by rising
up by 1.5 percent.
MCX Gold News &
Updates
The import of gold
in second half of the current financial year (July - December) is
supposed to increase by 20 percent and will reach to 300
tons.According to the Bombay Bullion Association President Prithviraj
Kothari in the first half of this year import of gold is expected to
touch the level of 250 tonnes.The import of gold depends on the
current prices of gold in the domestic market. If the gold prices
sticks below 30,000 the import of gold will be rising for
sure.Although the import of gold will be down by 30% in the current
fiscal year as compared to the last year.
MCX Crude Oil
Trend & updates
MCX Crude oil witnessed a sharp up in the prices on tuesday. The
brent crude at ICE crossed the price barrier and reached beyond 97
dollar.The crude oil is strong at Nymex with a up in the prices by
1.75 percent. The crude oil at mcx base metal market is trading at
4688 with a gain of 1 percent.
Ban of European Union on Iran has been fully implemented which may
affect the crude oil prices at home and overseas too. According to
market expert it is also expected that the supply of crude oil may be
banned in the western countries.
Base Metals Trend:-
All the base metals are under pressure after trading on the upper
side. At mcx the copper is trading on the up side. Aluminium &
zinc noticed a downfall of 0.25%. MCX nickel and lead are trading
flat.
MCX Trading
Tips for today 04 July 2012
After analysing the today's market trend we are expecting the market
will trade in the range bound. Hence we recommend you following
buy/sell mcx tips, Technical resistance and support levels for today's trade.
Buy MCX Gld between 29,480-29,520 with a stop loss placed below
29,420 & Target-29,700
Sell
MCX Silver around 53,500 Place a stop loss of below 53,750 &
Target-53,050-52,800
Buy
MCX crude oil between 4,610-4,625 set a stop loss of 4,570 &
Target-4,735-4,780
