According to Rudra Investment Free Commodity Tips, Gold prices in the global market have come down to the last five months. It is trading below $ 1290. Gold has dropped about 6% from this year's upper level. The pressure on the dollar and the pressure on prices due to a decrease in demand. Even in the domestic market, it is below Rs. 31000. Meanwhile silver is also weak. It is also trading below $ 16.5. Brent has touched the $ 80 level. However, currently, it is trading down slightly below there. Nymax Crude is also above $ 71, which is the upper level of 3.5 years.
On the London Metal Exchange, there is a trend of declining for the third consecutive day in aluminum today. In fact, the reserves of aluminum in the LME warehouses rose by about 18% yesterday. There is pressure in the hope of improving the supply. Copper is also weak here. But today a slight weakness is seen in the rupee against the dollar.
Rudra investment Free Commodity Tips
NCDEX turmeric (June futures): Sell - 7300, Target - 7140, Stop loss - 7360
NCDEX Castor Seed (June futures): Sell - 4035, Target - 3970, Stop loss - 4065
NCDEX Soya Oil (June Futures): Sell - 771, Target - 764, Stop loss - 775
MCX Copper (June futures): Sell - 465, Target - 455, Stop loss - 473
MCX Gold (June futures): Sell - 31050, Target - 30700, Stop loss - 31200
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