Gold edged opened higher on Thursday as the US dollar weakened against other currencies on bets that central banks in Europe were preparing to scale back monetary stimulus, but Now, Gold delivery for August month trading down Rs49 or 0.17 percent at 28,518 per 10 gram at Multi Commodity Exchange.
Silver delivery for July month was opened on higher at 38,878, Silver touched an intraday high of 38,920.00 and touched an intraday low of 38,686.00 in today’s trading session. Meantime, Silver trading up Rs65 or 0.17 percent at 38,769 per kg on MCX.
Oil prices rose for a fourth consecutive session on Today as investors covered short positions, although worries over a persistent global supply glut still lingered. Crude Oil trading for delivery in July month up by Rs29 or 1 percent to Rs 2,921 per barrel.
Today’s Trading Tips
Crude Oil July Buy @ 2895 CMP – 2911 Targets – 2960 Stop Loss – 2870
Copper June Buy @ 380.5 CMP – 381.7 Targets – 384 Stop Loss – 378