MCX Gold and Silver Tips, Copper Updates, Crude Updates Today

Tuesday, December 20, 2011
MCX Silver Prices are expected to trade in the range of Rs 53,200 - Rs 52,400. MCX Copper Prices are expected to trade in the range of Rs 390 - Rs 386. Precious metals are trading higher on COMEX today. We expect prices to trade higher for the following trading session due to the euro zone debt crisis, while a firmer dollar may cap gains in bullion. Industrial metals are trading higher on International bourses today. We expect prices to trade lower for the day. Crude oil is trading higher on NYMEX today. We expect prices to trade higher for the following trading session.

NCDEX Agri commodity market trading tips:

Pepper prices traded  extremely sideways on Monday and closed the day at  35630. Cardamom prices traded lower after making a high of 611 closed the day at 588.40. Guar seed prices rebounded yesterday after taking a support of 6145 closed the day at 6497.

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