July 26, 2011

MCX Online Tips for Today 26 July

MCX Online News for Trend In Bullions MCX, MCX Basemetals, MCX Energy are as follows:
MCX basemetals is seems in a mix trend in the last week trading session. The for other metals like MCX Aluminium, MCX Zinc the prices ended with sharp gains but the trade report in case of MCX Lead and MCX Nickel is of a modest decline. Copper prices rose seeking support from supply disruptions, easing fears of debt crisis in US and Euro Zone and weakness in US Dollar. Goldman Sachs cut their forecasts for US economic growth to 1.5% from 2% 

Commodity MCX High - Low Ratios: 
Commodity     Daily High        5 Days             Monthly 
                                                High   Low         High    Low
Gold - Silver      38.43          39.42    38.43     42.91     38.43 
Gold - Crude     83.83          84.04     81.88     85.84    78.66  
Lead - Zinc        1.10             1.12      1.09        1.17       1.09
Steel - Nickel    35.08          35.80    34.92      35.93     32.47 
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