Gold prices rose sharply by Rs 233 to Rs 26,370 per 10 grams in futures trade today as participants created speculative positions. At the Multi Commodity Exchange, gold for delivery in April shot up by Rs 233, or 0.89%, to Rs 26,370 per 10 grams in a business turnover of 717 lots.
Silver prices jumped by Rs 521 to Rs 36,799 per kg in futures trading today as speculators indulged in enlarging their positions. At the Multi Commodity Exchange, silver for delivery in March rose by Rs 521, or 1.44%, to Rs 36,799 per kg in a business turnover of 1,533 lots.
Nickel prices gained 0.35% to Rs 893.40 per kg in the futures trade today as speculators enlarged positions, supported by rising demand from alloy-makers in the spot market.
MCX Feb Copper; “bullish engulfing” candlestick pattern on daily charts renders that the trend remains positive and further gains can see towards 365 & 366 levels. Hence, any dip can accumulate fresh longs at 359 levels.
NCDEX Apr Soya bean rose to as high as 3464 levels before making a temporary top there and turned into weak mode by forming an “inverted hammer” candlestick pattern on daily charts. This can drag the prices further down towards 3365 & 3327 levels.
Silver prices jumped by Rs 521 to Rs 36,799 per kg in futures trading today as speculators indulged in enlarging their positions. At the Multi Commodity Exchange, silver for delivery in March rose by Rs 521, or 1.44%, to Rs 36,799 per kg in a business turnover of 1,533 lots.
Nickel prices gained 0.35% to Rs 893.40 per kg in the futures trade today as speculators enlarged positions, supported by rising demand from alloy-makers in the spot market.
MCX Feb Copper; “bullish engulfing” candlestick pattern on daily charts renders that the trend remains positive and further gains can see towards 365 & 366 levels. Hence, any dip can accumulate fresh longs at 359 levels.
NCDEX Apr Soya bean rose to as high as 3464 levels before making a temporary top there and turned into weak mode by forming an “inverted hammer” candlestick pattern on daily charts. This can drag the prices further down towards 3365 & 3327 levels.
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