The appreciation in the dollar because gold and silver are trading with losses. MCX gold with 0.16 per cent at Rs 26 587 per ten grams level, is trading at. Silver prices slipped to 0.15 per cent at Rs 35 312 per kg has come. The base metals prices have gone up from 0.35 to 0.70 per cent. Despite the fall in global crude domestic market rose nearly 1 per cent to Rs 3064 per barrel is reached.
The Met Office said the 88 per cent lower than forecast this year's rains. In the country from June 1 till September 2, total rainfall ia 640 mm which is normally less than 12 per cent. The impact of El Nino on the monsoon is seeing clear. NCDEX Castor seed with a gain of 1.02 percent to Rs 4265 per quintal has been reached.
NCDEX Chana price is reached at 4879 With a gain of 0.37.
The last 20 days due to rains in Rajasthan guar prices have risen by nearly one per cent. Cumin and turmeric are trading with weakness.
NCDEX Tips :
NCDEX chana Tips today is BUY 4830 , S L – 4788, TGT- 1 / TGT- 2 - 4930/ 0
NCDEX Turmeric BUY 8774, SL-8714 , TGT- 1 / TGT- 2 - 8814/ 8874
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