Crude oil prices has been on the boil because of better than expected GDP data in US. Yesterday it had gained 10 per cent in the international market. Still today it is trading on high growth. MCX crude oil live prices rose by 3 per cent and recached at Rs 2,880. MCX Natural gas is sluggish and it is based around Rs 178.

After yesterday’s sharp fall gold glitter is gone up today. MCX Gold rate today is up about 1 per cent in India and the international markets. During this week, mcxgold has fallen nearly 7 percent. It has been worst week for gold in last 15 months. US non-farm payroll is going to come in the next week. MCX Silver rate has also bounced today. With 0.9 per cent rise MCX gold in India is trading over Rs 26,500. While Silver has gone beyond Rs 34 300 with a gain of about 1 per cent.

MCX Base metals have risen even today. Yesterday in the international market, crude prices were jump about 10 per cent. It is highest Intraday gained in the last 6 years. Even today it continues to gain momentum. Brent crude is above $ 47, while WTI crude is trading near $ 43. Today has seen weakness in the rupee against the dollar.

Base metals have also been gained, but the copper is flat. MCX Copper Looks around Rs 340 with a slightly sluggish by 0.1 per cent. But Nickel has reached to Rs 663 by rise 0.5 per cent. While Aluminum is trading above Rs 102 with a gain of 0.5 per cent. Found gain of 0.5 percent in lead and 1 percent in zinc.

A look at mustard on NCDEX Agri commodities fell by 0.5 per cent and arrived at Rs 4,210. With a marginal gain of 0.1 per cent soybean seems to be around Rs 3,140.

MCX Commodities Tips in India:

• MCX Natural Gas Tips(September futures): Sell – 180, stoploss – 182.3 and target – 177
• MCX Crude Oil Tips(September futures): BUY – 2820, stoploss – 2785 and target – 2895
• MCX Gold Tips (October futures): BUY – 26450, stoploss – 26340 and target – 26640
• MCX Silver Tips (September futures): Buy – 34210, stoploss – 33970 and target – 34700

Agri Commodities Tips:

• NCDEX Mustard Tips(September futures): BUY – 4240, stoploss – 4220 and target – 4280
• NCDEX Soybean Tips (October futures): BUY – 3120, stoploss – 3090 and targets – 3150