Online Commodity Trading Market News

INTERNATIONAL MARKET UPDATE

GOLD $ 1325.85.

SILVER $ 19.142,

COPPER $326,

CRUDE OIL $ 47.59,

INR 66.666.

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MCX SUPPORT & RESISTANCE LEVEL

Gold prices dropped as the dollar firmed and investors assessed Federal Reserve Chair Janet Yellen's testimony before a Congressional committee.

GOLD JUNE FUTURE

R2–31712,

R1 -31510,

S1-30741,

S2-30412,

Silver rose as Fed Chair Janet Yellen avoided a hard timeline for a rate hike, though a colleague did suggest the topic was up for discussion in November.

SILVER JULY FUTURE

R2 –47015,

R1- 46692,

S1-45151,

S2-44750, 

Crude surged to settled up amid speculation that OPEC will soon agree to curb production.

CRUDE OIL JUNE FUTURE

R2 –3291,

R1-3251,

S1-3140,

S2-3090,

COPPER JUNE FUTURE

R2 –331,

R1-326,

S1-318,

S2-313.