Commodity Tips Expert: - commodity tips , mcx trading tips , bullion commodity tips

Gold December and Silver September futures are flat in early trade at $ 1,092.70 and $ 14,740, respectively.Platinum October delivery has added 0.3 percent at $ 989.95.

Resistance for Gold is towards Rs 25,000 and Rs 25,100. Supports in Gold towards Rs 24,800 are active.Gold price tested a high of Rs 25,045 per 10 grams on 29 July 2015 and a low of Rs 24,883 per 10 grams.


Crude Oil and Brent Oil September series have gained 0.3-0.4 per cent each at $ 48.95 and $ 53.73, respectively.Natural Gas September future has advanced over 0.5 percent at $ 2.876.

Crude Oil also showed decline in open interest an indicator that short positions were squared off.It is expected that prices moving above Rs 3,180 will bring more gains. On Wednesday, Crude Oil tested a high of Rs 3,177 and a low of Rs 3,045 per barrel.


Copper September expiry is marginally down at $ 2.406.On Thursday trading gains are expected to get resisted at Rs 343 and 346 per kg. Meanwhile support for Copper is at Rs 338 and Rs 335 per kg.

The low for Copper on Tuesday was at Rs 339.70 per kg, and a high of Rs 345.95 per kg was noted.

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Commodity Tips Expert: - commodity tips , mcx trading tips , bullion commodity tips

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