Crude Oil prices fell below USD 94 on Wednesday because crude supply reports reflected mixed signs about U.S. demand and the dollar strengthened against other currencies. By early afternoon in Europe, benchmark oil for August delivery was down 82 cents to USD 93.35 a barrel in electronic trading on the New York Mercantile Exchange. Crude oil contract rose 54 cents to settle at USD 94.17 on Tuesday. The Crude oil price report at Nymex trading in July contracts is that crude oil fell 1.75 cents to USD 2.8725 a gallon while gasoline lost 0.01 cent to USD 2.8825 a gallon. The gold prices is seen trading at $1547.70, up by $1.30. The Asian commodity market rallied. MCX Copper eased at prices at MCX due to the strengthened dollar. Ime basemetals lead, zinc showed jump in Asia. Gold prices hits new highs at Globex Platform.
Gold Comex Aug-11
S1 1533 S2 1535 S3 1542
Closing 1546.4
R1 1551 R2 1555 R3 1560
Gold MCX Jul-11
S1 22549 S2 22587 S3 22623
Closing 22659
R1 22698 R2 22736 R3 22773
Silver Comex Jul-11
S1 3494 S2 3530 S3 3584
Closing 3637.9
R1 3675 R2 3712 R3 3766
Silver MCX Jun-11
S1 53162 S2 53456 S3 53945
Closing 54433
R1 54728 R2 55022 R3 55511
Gold Comex Aug-11
S1 1533 S2 1535 S3 1542
Closing 1546.4
R1 1551 R2 1555 R3 1560
Gold MCX Jul-11
S1 22549 S2 22587 S3 22623
Closing 22659
R1 22698 R2 22736 R3 22773
Silver Comex Jul-11
S1 3494 S2 3530 S3 3584
Closing 3637.9
R1 3675 R2 3712 R3 3766
Silver MCX Jun-11
S1 53162 S2 53456 S3 53945
Closing 54433
R1 54728 R2 55022 R3 55511
