Silver went to 53,700 per kg means went advanced by RS 2,400 per kg, where GOLD the went to 22,270 per kg, means RS 275 is added. per 10 grams
Today on active buying by stockists and attracting public attension’s, triggered by a strong rally overseas. Silver coins went and jumped by RS 4,000 to RS 59,000 for buying and RS 60,000 for 100 pieces selling.
Trading sentiments support following a steep rise in world markets after renewed connections about Europe 's sovereign-debt crisis got the demand for the precious metals as the different investment.
In the Global markets the gold, which normally sets the price on the domestic front, and went by 0.4% to USD 1,519.10 an ounce, silver gained 1% to USD 35.79 an ounce.
On both the silver, and the domestic front, and weekly-based delivery went up by RS 53,700 per kg added 2,400 per kg.
The gold of 99.5% and 99.9 purity surged by RS 275 each to RS 22,270 and rs 22,150 per 10 grams. And for 8 gram 18,650 is remained flats.
FOR 7/7/2011 TIPS TO INTRADAY
COMMODITIES LATEST TIPS
GOLD, MCX SILVER CRUDE OIL
CRUDE OIL : For intra day BUY RS 43O0 with the target RS 4390 with the stop loss 4250
GOLD : Is sloping towards negative for the short term, any how there are some positive factor. SELL 22220 AUG TARGET 22150 with the stop loss RS 22260.
SILVER MCX : SELL RS 544OO FOR THE Target RS 52250 with the stop loss RS 54450
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