Wednesday 5 June 2013

5 June sugar price up, gold silver level, today’s gainers and losers, commodities update

Wednesday the price of commodities are fluctuating a lot. The precious metals are showing uptrend from the morning trade. The gold gain 13.8 points and silver gain 407 points. The support and resistance level of both the metals are: 
Gold S1 26787 R1 27861 
Silver S1 43559 R1 44140 

The base metals are working in both sides positive and negative. Aluminium and nickel looks positive while the other looks negative. The strongest metal among them that is copper drop by 0.90 points at 419.60. 

In the International market the sugar price rose by 0.24% and wheat by 0.32% for the future contract, corn also gain 0.23%. Us coffee was last traded at 127.42, it slip around 1.35 points or 1.05%. 

MCX 

Gainer : Gold (Aug), Silver (July), Aluminium (June), Nickel (June), Mentha oil (June), Cotton (June) 

Loser : Crude oil (June), Natural gas (June), Copper (June), Lead (June), Zinc (June) 

NCDEX 

Gainer : Caster seed (June), Chana (July), Potato (July), Sugar (Aug) 

Loser : Turmeric (July), Wheat (July), Barley (Aug), Coriander (Sept), Guar Gum (Oct) 

BUY SILVER TGT 44096/44116/44126 SL 43986 

SELL CRUDE OIL TGT 5281/5276/5271 SL 5304 

BUY GOLD TGT 27226/27246/27256 SL 27116 

SELL ZINC TGT 108.45/107.95/107.45 SL 111.45 

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