According To Rudra Investment Best Commodity Tips Specialist, The weak dollar in the US has softened the dollar and its blow has shown on the rupee in the domestic market. The rupee is trading advanced with the rupee beside the dollar and the rupee is at a high level of as regards one week.
The dollar price is close to Rs 71.80. However, gold is supported in the global market by pathetic dollar and it has crossed $ 1,200. Trading is also going on in glow silver.
At the similar time, after the deep fall of yesterday, crude oil has seen a slight rise from the lower level. Brent's price is above $ 78. Crude oil had come down a great deal around 2.5 percent yesterday. Meanwhile, copper is weak on the London Metal Exchange. It is trading at around 0.25 percent below. Today, retail sales and trade production figures will be at large in the US.
The advice of Rudra Investment Best Commodity Tips Experts
Copper MCX (November futures): Buy - 425, Stoploss - 422 and Target – 430
Guar NCDEX: Buy - 4300, StopLoss - 4290 and Target – 4450
Soybean NCDEX: Buy - 3270, StopLoss - 3233 and Target - 3350
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