Life @ TradeIndia Research

Tuesday 3 January 2017

Trading Call on Gold and Crude

Gold futures up Rs 31 on global cues 

Gold prices were up by Rs 31 to recover Rs 27,601 for each 10 grams in futures trading today as speculators enlarged positions amid a firming trend overseas. 

MCX Free Tips: At the Multi Commodity Exchange, gold for delivery in February was up Rs 31, or 0.11 percent, at Rs 27,601 per 10 grams in a business turnover of 279 lots. 

gold trading tips

Also, the yellow metal for delivery in far-month April contracts was trading higher by Rs 26, or 0.09 percent, at Rs 27,555 for each 10 grams in six lots. 

Globally, gold surged as much as 0.50 percent to USD 1,156.70 an ounce in Singapore today. 

Crude Call 
SELL CRUDE OIL JAN 
BELOW 3682,
T1- 3667,
T2- 3652,
T3- 3630,
SL ABOVE 3712.

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