#mcxcommoditytips

Gold prices in the international market on Tuesday hover about 3-month high that it hit in a previous session on Monday. Spot gold slipped by 0.2% to USD1322.27 per ounce, after touching its peak since February-end  at USD1327.90 in the previous session, while US gold futures held steady at USD1328.20 per ounce.  Meantime, Gold rates in India surged on Tuesday at Rs.30810 in Chennai, Rs.21720 in Calcutta and Rs.31460 in Mumbai as well as Delhi, per 10 grams. The MCX Gold was trading at Rs.32390 per ten grams, lower by Rs14, while MCX Silver was trading at Rs36645 a kilo, down by Rs.68 during mid-session. Read the full article

Crude Oil prices went up on Wednesday after a report of falling crude inventories in the country and OPEC seemed to follow its supply cuts regardless of pressure from U.S President Donald Trump. US WTI crude oil futures were at USD56.02 pb up 0.9percent while International Brent crude futures were at USD65.55 pb, up 0.5percent from their last settlement. Bargain buying made traction on crude oil after prices plunged to one and half week low earliler. The commodity took a fall as the Trump commented that prices are too high and say that OPEC Countries has to relax and take it easy. MCX Crude which closed at Rs3952 per barrel, yesterday currently trade at Rs3999 up by 1.19percent. Read the full article

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Price of Gold today took jump from a positive trend overseas by surging Rs 650 per 10 grams to reach Rs 31,000 level