On monday morning at 10:54 mcx commodity market looking at upside with green gloom but some of commodities are still in negative zone.mcx gold and silver both commodities are stay in positive zone with incremented prices.
Mcx gold goes upside with 52.00 incremented points and stands with 27134.00 points, while silver also follow same path and goes upside with 41.00 points and stands with 38969.00 points.
Crude oil also looking in green shade and in a increment graph looking at upside with 9.00 points.Other side mcx cotton traded at down side with lower -70.00 points and stands with 15690.00 points.
Today commodity market face looking in green gloom side with optimistic prices and recently if we talking about mcx gold so, it goes upside with 64.00 points and stands with 27175.00 points while silver also traded at upside with 66.00 points and stands with 39232.00 points.
Mcx crude oil also follow same path and stayed in positive zone and recently crude oil goes upside with 13.00 points and stands with 3874.00 points.
Otherside if we move on mcx cotton commodity so cotton traded in positive zone and goes upside with 50.00 optimistic prices and stands with 16010.00 points.
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NCDEX Coriander June fates may exchange positive for transient with backing at 10800 and resistance – 12100, our analyst said. Bullish exchange can be normal for intra day with backing at 11300 and resistance at 1170.
Overall tend for MCX Gold June prospects look positive with fleeting backing at 27200 and resistance at 28250. Development of greenback and Greece salvage concerns will give further bearing to the costs.
Our analyst says,MCX Gold June contract is bullish for intra day with backing at 27450 with resistance at 27800.
MCX Gold June contract exchanging up by 0.74 every penny to 27665 level on Monday(12.10pm). Different monetary markers direct the development of bullions as it fuel the theory of climb in Fed interest rates in the not so distant future.