MCX GOLD APRIL FUTURES CLIMB RS 90 TO TRADE AT RS 28,277 PER 10 GRAMS

MCX GOLD APRIL FUTURES CLIMB RS 90 TO TRADE AT RS 28,277 PER 10 GRAMS

Standard

MCX gold April futures climb Rs 90 to trade at Rs 28,277 per 10 gramsGold futures prices gained in futures trade today as profitters engaged in enlarging positions strongly in tune with a firming global trend.
At the Multi Commodity Exchange (MCX), Gold futures conract for far-month April gained Rs 90, or 0.28 per cent, to trade at Rs 28,277 per 10 grams. Futures hit an intraday session high of Rs 28262 and an intraday session low of Rs 28164.
In New Delhi bullion market, the gold of 99.9 and 99.5 percent purity increased by Rs. 320 each to Rs. 28,500 and Rs. 28,300 per ten grams, respectively, a level last seen on August 20 last year.
Bullion Dealers said apart from buying wedding season by jewelers, a reassuring trend on global markets where gold is exceeded $ 1.300 an ounce for the first time since August, boosted sentiment.
Globally, on the Comex in New York, gold futures for February delivery touched a intraday session high of $1,303.60 a troy ounce during European morning hours.
Analysts said gold rallied above the $1,300-level for the first time in five months on Wednesday, ahead of a meeting of European Central Bank ( ECB) policy makers, supported the rise in gold prices at futures trade here.
To contact the KheloMCX Advisory visit here. Or Free trial Advisory Visit KheloMCX.com.

Comments

Post a Comment

Popular posts from this blog

Mcx News With Khelomcx:- Mcx Gold dips on firmer dollar, profit-taking; focus on ECB outcome.

Image
Mcx News With Khelomcx:- Mcx Gold dips on firmerdollar, profit-taking; focus on ECB outcome . http://khelomcx.com/ Mcx Gold prices eased on Thursday as the US dollar hovered near multi-week highs, while some investors locked-in profits ahead of major central bank meetings this month.  The European Central Bank is meeting later in the day, followed by the US Federal Reserve next Tuesday-Wednesday.  Spot Mcx Gold was down 0.2 per cent at $1,422.80 per ounce, as of 0303 GMT. US gold futures were down 0.1 per cent at $1,422.90.  "From last three days, Mcx Gold prices have been range-bound. Some money managers are starting to shut some positions to prepare for the Fed meeting, and also the ECB decision coming out today," said Benjamin Lu, analyst, Phillip Futures.  "Before the key events happen, people like to take in some profits because nobody knows what is going to happen. Some might capitalise on volatility to push prices slightly lower an...
Read more

Mcx Gold Rate Today: Mcx Gold futures hit record high on positive global cues .

Image
Mcx Gold Rate Today with Khelomcx: Mcx Gold futures hitrecord high on positive global cues . Mcx Gold futures inched up in early trade on Monday, taking support from positive global trends and amid brisk buying by jewellers in the spot McxCommodity market .  The government on Friday proposed to increase import duty on mcx gold to 12.5 per cent. The yellow metal and other precious metals could get expensive in the domestic market as a result of this. http://khelomcx.com/ For daily based free gold best and 90% accurate trading ideas on MCX and NCDEX get us on here:  http://khelomcx.com . Ahead of the Budget, India's gold imports declined by 3 per cent. The duty hike came at a time when the industry was demanding a cut in the custom levy. Mcx Gold tips provider in futures had hit a record high of Rs 35,100 in domestic market on Friday.  In global Mcx Commdity markets , gold prices steadied after hitting a one-week high in Friday’s se...
Read more

KheloMCX presents a guide for how to trade in mcx commodity market.

Image
KheloMCX presents a guide for how  to trade in  mcx commodity market . Beginners Guide How to Commodity Trading in India. Before invest or trading in a commodity market, you should gather as much information as possible about the market, as well as about the mechanics of investing in the commodities. You can get answer to such questions directly by contact to the  KheloMCX  advisory or learn commodity trading procedure step by step here. Step 1 :  Learn Commodity Trading Procedure . http://khelomcx.com v    Give a call and talk to  KehloMCX  market advisory about trading in commodity future.                                        v    We’ll give you clarification about Multi Commodity Exchange of India(MCX). v    MCX is an Indian electronic trading and settlement system with an international...
Read more