Best Commodity Tips | Crude oil is trading in very small scope today. Brent is trading at $ 76 level. Crude oil is getting support due to the US ban on Iran. Apart from Venezuela, Libya and Nigeria, there is also a danger of supply being affected by which crude oil is getting support. After the sharp fall of yesterday, gold is witnessing strongness today. Gold on the commex increased by 0.25 percent.
Today, there is a slight upturn in the dollar, despite this, it is giving a little support to gold. However, the recovery in the dollar has a weakness in the base metals. Copper is down 0.25 percent in the London Metal Exchange. However, the metals in Shanghai are trading with rapid growth. There is a weakness in the rupee against the dollar and its impact will also be seen in the domestic commodity market.
Rudra Investment Best Commodity Tips
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Castor Seed NCDEX (September futures):
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Buy - 4580, Goal - 4680, Stop loss - 4520
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Cumin NCDEX (September futures):
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Buy - 19000, Target - 19600, Stop loss – 18800
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Silver MCX (September futures):
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Buy - 37000, Target - 38000, Stop loss – 36800
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