MCX Commodity Data

MCX Commodity Data

Date	Time	Currency	Economic Data	Forecast	Previous
THU 3RD NOV	Day 1	USD	G20 Meetings
	6:00pm	USD	Unemployment Claims	401K	402K
	6:00pm	USD	Prelim Nonfarm Productivity q/q	2.6%	-0.7%
	6:00pm	USD	Prelim Unit Labor Costs q/q	-0.8%	3.3%
	7:30pm	USD	ISM Non-Manufacturing PMI	53.7	53.0
	7:30pm	USD	Factory Orders m/m	0.0%	-0.2%
	8:00pm	USD	Natural Gas Storage		92B

For all MCX Tips, Commodity tips Click Here - MCX Commodity Tips

Commodity Market Live

Silver also gained modestly following stray industrial demand. Silver moved up by Rs 70 per kg to conclude at Rs 56,055 from Rs 55,985 previously. Silver is currently trading on 56340 we expect that it will trade over 56500+ level in today's trading session. Silver can buy for the target of 56430 while 56180 SL should be there.

Gold also in good position, from the US doller report & data it may move towards of 27000, Gold seems safe for 2 to 3 months investment. While in energy Crude recover its position from morning trading session.

Fill form for all updates & commodity tips

MCX Commodity Gold Silver Updates

Gold MCX Trend

Today there is U.S. ADP Employment data we have in evening ession, possitive data could pressurize the Precious Metals Complex.Spot gold prices ros marginally by 0.3 percent in yesterday’s trading session as buying emerged at lower levels. Investment demand for the yellow metal remained unchanged yesterday at SPDR Gold ETF showing that investors were reluctant to reduce their holdings from the ETF.

Silver Trend

Today little up trend shows in silver, COMEX Silver Dec futures fell sharply in comparison to Gold and they were down by 4.72 percent to $32.731 per troy ounce from $34.354 per troy ounce the prior trading day. MCX Silver December contract declined 2 percent and touched an intra-day low of Rs.53,876/kg on Tuesday. For Intraday session we expect silver may trade in possitive mode untill data will not effect it.

Crude oil Updates

The U.S. American Petroleum Institute said today early morning that crude oil stocks dropped 156,000 barrels in the week ended 28th Oct, 2011, while distillates fell a sharp 3.435 million barrels and gasoline stocks dropped 1.129 million barrels a day. In crude we suggest buying is good from lower level.

Copper Trend

Copper seems in positive mode & from 395 level it would move further. In the afternoon session of the trade we have Manufacturing and Construction data coming from Euro Zone and U.K. which if come better than the analyst’s forecast would support the Base Metals Complex.

We provide you all mcx live tips, copper tips, mcx commodity tips, copper tips, commodity tips for today, for all tips Click Here. You can also fill the form.

Commodity Live Data

Live MCX Data

Date	Time	Currency	Economic Data	Forecast	Previous
WED 2ND NOV	5:00pm	USD	Challenger Job Cuts y/y		211.5%
	5:45pm	USD	ADP Non-Farm Employment Change	102K	91K
	8:00pm	USD	Crude Oil Inventories	1.4M	4.7M
	10:00pm	USD	FOMC Statement
	10:00pm	USD	Federal Funds Rate	<0.25%	<0.25%
	11:45pm	USD	FOMC Press Conference

News Highlights:

• GOLD EASES AS GREEK VOTE, MF GLOBAL RATTLE MARKETS.
• CRUDE DECLINES BELOW $90 ON CHINA MANUFACTURING SLOWDOWN, EUROPEAN DEBT.
• COPPER DOWN ON GREEK REFERENDUM, CHINA DATA.
• DOMESTIC OIL AND OILSEED TRADE BEARISH.

For All MCX Tips, Commodity tips for today - Click Here or fill the form

Commodity News, daily commodity updates

From the effect of data released from Chaina market & US market manufacturing data all commodities fall today along with bullion & base metal. today's key point form market was Crude oil prices slip on China’s slowdown and European concerns, US Dollar Index up 1.4% on Monday; risk aversion supports demand, European unemployment rate rises to 10.2 percent in September.

Gold Trend

Gold prices came in under pressure, from this level gold seems consolidate & we expect it will trade in bound range. On Monday as Spot Gold prices declined almost 2 percent. Prices succumbed to a stronger dollar as it makes dollar-denominated commodities look expensive for holders of other currencies.

Silver Trend

Along with Gold silver also slipped in last trading session, silver was get down all most 3%. Silver felt form the higer level & we assume it will trade in under pressure today it self.

Energy Updates

Natural gas was the only commodity which trade in positive mode, Crude oil may slip more on downside.

MCX Commodity tips, Live MCX Tips - Click Here. For all live mcx tips, free mcx tips, commodity updates, crude oil tips, mcx tips today visit daily & Fill the form. 

MCX Market Data

Date	Time	Currency	Economic Data	Forecast	Previous
TUE 1ST NOV	7:30pm	USD	ISM Manufacturing PMI	52.1	51.6
	7:30pm	USD	Construction Spending m/m	0.4%	1.4%
	7:30pm	USD	ISM Manufacturing Prices	55.1	56.0
	All Day	USD	Total Vehicle Sales	13.1M	13.1M

For All MCX Commodity Tips - Click Here, for free commodity tips, mcx live tips, silver tips, copper tips regularly check this blog.