August 26, 2011

MCX Tips for 26 Aug | MCX Online News and Gold Price 26 Aug

Commodity Global Update:
  • The food inflation of Indian market rose to 9.80 percent a news reported on 13th August.
  • The Gold trade lower today as CME group raises margins.
  • At global platform dollar is weaker and  going to support crude and base metals in today's trading session. 
  • US natural gas stocks expected to rise.

Commodity     Unit           Trend             S2        S1            R1           R2
Gold Oct'11     Rs/10 gm   Sideways    25102    25351     26202      26504
Silver Sept'11 Rs /kg         Sideways    57704    58603     60605      61803
Crude Oil        Rs /bbl        Sideways    3812      3892        3992        4042
Sept '11  

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