MCX Gold surges to a high of Rs31326/Kg when Mr.Donald trump was leading the election results on 9th Nov 2016. Around 10.40p.m gold topped out and from there post the election announcement MCX Gold dropped to a low of Rs29269/Kg on last Friday (Nov 11,2016). The dollar rose to its strongest level since February. Bonds continued to get pounded, with losses exceeding $1 trillion this week.
Gold Global is an international price based contract, exclusive of import premium, customs duty, sales tax/VAT, and domestic market premium among others. ‘Gold Global’ makes the refiners, exporters, jewellers, includes larger bullion physical market participants, involved in import of gold bars and re-export of jewellery happy
Three MCX commodities (Gold,Silver,Crude) is positional Trend Update for 6th July 2013. Currently MCX Gold and MCX Silver reversed to sell mode whereas MCX Crude maintains buy mode.
Three MCX commodities (Gold,Silver,Crude) is providing low risk positional entry oppurtunities.In the last two days able to see commodities like MCX Gold,Silver and Crude turning to buy mode.