After the strong startup, the rupee has slipped again. The dollar value is close to Rs 72. This year, there has been a send regrets of about 13 percent in the rupee and in the Profitable Commodity Tips Expert Told it has come to light that if the trade war, the price of crude, the rupee could go down.
There is a slight heaviness from the high level in crude oil in the global market. There is pressure on crude to reduce demand and recover the supply. Despite this, Brent is holding the level of $ 77. Indeed, in the US last week, the crude reserves fell by about 1.2 million barrels. From November, the US is also prepared to ban Iran's crude.
Although gold has got maintain in such an environment and with the small increase in the global market, it is trading around $ 1200. In fact, the introduction of gold in India has doubled last month. Even gold prices got support from this. But the strain in silver is intact. It is still trading at $ 14. Base metal showing light recovery on the London Metal Exchange. Copper has gained about 0.5 percent strength.
The advice of Commodity Market Expert
Gold MCX (October futures): Buy - 30300, stoploss - 30200 and target - 30450
Crude oil MCX (September futures): Buy - 4900, stoploss - 4860 and target – 499
Lead MCX (September futures): Buy - 147, StopLoss - 146 and Target - 149
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