Thursday, 16 July 2015

Daily Free Best Commodity Market Trading Tips

Gold Comex for active August expiry shut 0.5% lower to $1147 per ounce whereas Indian MCX Gold too was down by 0.3% to Rs 25850 per 10 Gms.

Silver too moved lower along with gold with the commodity plunging around 1.75% to $15.05 per ounce at Comex markets.

NG prices last day raised seeing warm weather forecast, gaining 2.75% getting closed at $2.918/ MMBTu for the August contract.

Aluminum managed to swing back to the positive territory yesterday and settled at $1718 MT, up by around 0.64% from its previous close. The faster-than-expected economic growth in China, world’s largest consumer of metals, did lend support to the selective metals, helping the prices to climb the ladder. 

Copper continued to follow the path of dark alley of losses yesterday and settled at $5531 MT, down by around 0.61% from its previous close.

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