According to the Best Commodity TipsProvider, Crude oil has risen and Brent has reached close to $ 74. NYMEX crude is trading upwards of $ 68. In fact, the crude oil reserves have fallen in the US. Yesterday came the inventory report of the US Petroleum Institute, which is an industry organization. It has been said in the report that there has been a deficit of 32 million barrels in the crude stock in the past week. At the same time, gasoline deposits have declined by 49 million barrels. The dollar has also shown pressure from the top and this is the reason for the rise in crude oil prices. However today the market will also be seen on the US Energy Department Report.
Meanwhile, the weakness in gold and silver is maintained. Gold is trading at $ 1220 on the commex. While silver is below $ 15.5. There is a strong strength in the rupee against the dollar today. One dollar is worth 68.90 rupees.
Rudra Investment Best Commodity Tips
NCDEX Chana:
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Sell - 4200
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Target – 4050
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Stop loss – 4310
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NCDEX Cumin:
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Buy – 19500
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Target – 20100
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Stop loss – 19250
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MCX Copper:
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Buy – 427
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Goal – 435
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Stop loss – 425
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MCX Silver:
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Buy - 38000
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Goal - 39200
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Stop loss - 37700
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