Due to Dollar against Indian Rs high and international market down side but MCX crude oil high at the moments closer 0.5 per cent, with strength levels 4961 Rs. In the America reserves of crude oil has increased, as well as home sales have declined. The impact on crude oil prices is being witnessed.
US oil for September release slide as much as 47 per cent to $88.50 a barrel in electronic trading on the New York Mercantile Exchange and were at $ 88.52 on Wednesday.
MCX gold tips
MCX Gold Aug contract intraday trading levels prices 29750. Gold Aug contract sell trading levels Rs 29750 with stop loss levels Rs 29793 and the targets at levels prices 29727-29702.