Friday, 26 July 2013

indian buliion base commodity updates dollar again slips for today

At the end of the week gold sluggish by 1000 points in us market The overall movement in global stocks is mixed today and gold is quoting at $1329, almost unchanged on the day.Dollar lost out yesterday and slipped again today,this weakness would affect the gold price.  

Cotton shows a mixed double trend for today and looking on positive side

Metal shows similar move as gold and shows further slips movement in comex .Copper futures for September delivery was trading down by 0.88% at $3.158 per pound as of 02.26 PM IST on Friday.

mcx gold slipped towards 27000 and current level down by 46 points to yesterday close but today you should trade above 27368 per 10 gram .


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