Monday, 23 January 2017

What is the strategy for Gold Trading today

We know that due to "Donald Trump" become President of America the US dollar has broken the crown. The dollar has declined by 0.25 per cent. But rupee has received considerable support rupee is trading with a gain. The decline in the dollar has changed the global commodity market moves. Gold prices have risen nearly 0.25 percent. Comaks gold is trading at $ 1218. While silver is nearly 0.5 per cent.

Domestic gold and silver are traded on the edge. 0.5 per cent with MCX gold is trading at Rs 28 785. Silver with a gain of 0.7 per cent is trading at Rs 41700.

Crude oil prices have started. MCX crude oil slipped 0.25 percent to Rs 3630 has arrived. Natural gas declined 2 percent to 217.3 rupees has come on strong.

Base metals have rallied strongly. Aluminum 0.4 per cent on MCX is trading at Rs 126.5. Copper with 0.7 per cent is trading at Rs 397.5. Nickel with a gain of 2 per cent to Rs 671.5 is reached. 1 per cent to 1.4 per cent lead and zinc is seeing.

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