According To Commodity Tips Expert, The rupee has made a new record little level and its straight crash will be seen on the commodity market. Crude oil is being seen today. Brent is above $ 77. Crude is also up 0.5 percent above NYMEX. Supply is tightening due to the US ban on Iran, which provides crude oil support. Apart from this, due to the boost in rig count in the US, shopping in crude oil is also being seen.
However, today there is light anxiety on gold. Gold is trading below $ 1200 on Commands. US employment statistics have been better than likely, thereby increasing the chances of rising rates this month, thereby failing of gold. Mixed business is happening in the international market. Copper is weak in Shanghai, but the rest of the metals are getting an edge.
Commodity Tips Expert investment advice today
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Gold MCX (October futures): Buy - 30300
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Stoploss - 30000 and Target - 30800
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Silver MCX (December futures): Buy-36900
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Stoploss - 36600 and Target - 37500
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Mustard NCDEX (October futures): Buy - 4120
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Stoploss - 4060 and Target - 4194
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Cumin NCDEX (October Futures): Sell - 19500
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StopLoss - 19800 and Target - 19100
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