Reputed Best Commodity Tips Expert Says That Crude oil continues to refuse. In
the global market, Brent has remained below $ 77, with a 0.5% weak spot. WTI
crude is trading lower $ 67. There has been a drop of about 4 percent this
week. Meanwhile, Saudi Arabia has spoken the prospect of crude over supply situation
in the global market by the fourth quarter. This has also raised pressure on
crude prices.
There is a small recovery after yesterdays
descend in gold. It is trading at $ 1230 on the coma. But on the London Metal
Exchange, the refuse in copper continues and its price has slipped nearly 1
percent. Copper is constantly showing decline for the second week. In the past
week, it fell by about 1.5 percent and this week it has slumped nearly 1 percent.
However, there is weak point in rupee against the dollar and one dollar is
worth Rs 73.40.
Rudra Investment Best Commodity Tips Expert Investment Advice
Gold MCX (December futures): Buy - 31800, Stop Loss
- 31700 and Target - 32000
Cotton Whole NCDEX (December futures): Buy -
1870, stop loss - 1840 and Goal - 1950
Cumin NCDEX (November futures): Sell - 20000, stop
loss - 20100 and target - 19600
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