INTERNATIONAL MARKET UPDATE
GOLD $ 1266.15.
SILVER $ 17.650,
COPPER $311.30,
CRUDE OIL $ 50.46,
INR 66.886.
Gold prices edged slightly lower early on Tuesday as the U.S. dollar gained on increasing expectations of a December interest rate hike by the Federal Reserve. Free MCX Tips on mobile the proper trading strategy on gold.
MCX
SUPPORT & RESISTANCE LEVEL
GOLD
DEC FUTURE
R2–30467,
R1
-30244,
S1-29510,
S2-29212,
SILVER
DEC FUTURE
R2
–42804,
R1-
42416,
S1-41509,
S2-41010,
CRUDE
OIL OCT FUTURE
R2
–3511,
R1-3463,
S1-3351,
S2-3298,
COPPER
OCT FUTURE
R2
–320,
R1-315,
S1-306,
S2-301.
Oil
prices dipped early on Tuesday over disagreement within producer cartel OPEC on
who should cut how much production in a planned coordinated reduction to prop
up prices.
International
Brent crude oil futures were trading at $51.38 per barrel at 0117 GMT, down 8
cents from their last close.
For more Commodity Tips you can call at +91-7415033556.
US West
Texas Intermediate (WTI) crude futures were down 5 cents at $50.47 a barrel.
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