Crude Oil are weeked today, Gold has slow fast : 28/8/2014

Commodity updates

The weakness of the dollar has increased gold glitter. With 0.3 per cent COMEX gold has risen upwards of $ 1285. Silver gained nearly 0.5 per cent to $ 19.5 COMEX the looks. MCX gold on Wednesday in the domestic market closed down 0.4 per cent at Rs 27800, silver closed flat.

Crude oil in the international market has not seen much action. NYMEX crude remains around $ 94. The Brent crude above $ 102.5 seems. MCX crude oil slipped 0.3 percent on Wednesday to close around Rs 5680.

Gold MCX (October futures): Sell - 27800, stop loss - and goal 27 860 - 27 650

MCX silver (September futures): Sell - 42100, stop loss - 42 260 and Target - 41700

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Commodity Market Stop Today

Today MCX Crude Oil July Future has moved down to 0.40% trade at Rs. 6155.00. MCX Natural gas July Future get lead up to 0.12% trade at 249.00.

MCX Gold August Future move down up to 0.65% and trade at Rs. 28310.00. MCX Silver September Future also gain loss up to 0.37% trade at Rs. 46072.00.

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