Gold-Silver increased due to the dollar index against major currency decline.MCX crude oil in the domestic market on Monday with a gain of 8.5 percent over and closed at 3250.
MCX gold with 0.70 percent trading at Rs 26 869 per 10 grams. While silver prices rose 0.20 percent and reached atRs 34 648 per kg. Crude fell by 1.30 percent is trading at Rs 3188 per barrel. With the strong decline in base metals. 1.45 percent of aluminum and nickel declined by 1 per cent.
In copper, lead and zinc 0.50 percent of weakness seen.
Weak monsoon Agri commodities have risen strongly.
Northwest India and central India due to low rainfall in the commodity futures markets are gained. NCDEX Chana futures prices rose 0.61 per cent to Rs 4818 per quintal.
The NCDEX turmeric prices rose by 4 percent and the price of Rs 8762 per quintal. Coriander and cumin prices have climbed 0.70 percent. Soybean prices rose 1 percent to Rs 3256 per quintal is reached.
MCX Gold ( October futures ) Buy 26500 target from 26,650 to 26,850 , stoploss 26350
MCX Silver ( December futures ) Buy 34900 target from 35,280 to 35,750 , stoploss 34 550
NCDEX Turmeric ( October futures ) Buy 8550 target 8800-9000 , stoploss 8400
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