This time, on the occasion of
Dhanteras, gold is being sold for the first time so high-priced. Commodity Market Expert
Rudra Investment Says The prices in the domestic market are close to 32
thousand. During the last 1 year, it has enlarged about 8 percent. This has
been winning in delivering good returns in the domestic market this time due to
turbulence and rupee depreciation in global financial system But after the good
figures released in the US last week, the prospect of interest rates going up
further in the next month. In such a case, the question of how gold will move
forward.
Meanwhile, constant refuse in
crude oil continues. US sanctions have been imposed on Iran. But the US has
given eight countries the exemption In such a condition, the decline in crude
oil has increased. The price of crude at NYMEX is at the lower level of the
last 7 months. According To Commodity Market Expert
Its price has slipped 1 percent, its price is below $ 63. Brent is trading
below $ 72 and $ 72. Crude was down by 6.5 percent last week. At the upper
level of 4 years, it has declined 16 to 18 percent. There is a weak point in
the rupee against the dollar today. The dollar has crossed Rs 72.80.
Commodity Market
Expert Investment Advice
NCDEX Soybean (November Futures): Buy - 3360,
Stop Loss - 3300, target - 3434
NCDEX wheat (November futures): buy - 2010, stop loss
- 1979, target - 2050
MCX Copper: Buy - 441, Stop Loss - 435, target -
454
MCX Silver: Buy - 38400, Stop Loss - 37900, target
- 39200
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