Gold move is not seen affected despite of strong Rupee against the Dollar but also in the gold futures market has made new record. MCX gold October futures has reached new record of 30 699 rupees. COMEX Gold 1.5% and silver gained more than 2%. currently MCX gold is trading at Rs 30 620 With 1% jumped while silver is trading around Rs 56 300 with nearly 2 % up. Silver MCX Tips Today :- Silver September Futures Buy - 55100, stoploss – 54800, target – 56000.
NYMEX crude oil has reached $ 98. MCX crude oil with strength of nearly 1% is reached to Rs 5,400. MCX base metals gained 0.15 to 0.4%. Crude Oil Tips :- Crude oil September Futures Buy - 5360, target – 5450 – 5470 stoploss – 5330.
Mentha Oil August Futures Sell - 1325, stoploss - 1353 target – 1268.
NCDEX Commodity Tips :- NCDEX Sugar September, October, November and December futures gained 1.5%. NCDEX Corn December futures has dropped by about 2% to Rs 1,450. NCDEX Potatoes January soybean futures fell nearly 2%. Wheat October futures Sell - 1500, stoploss – 1534, target – 1385.