Buying activity in China’s physical gold exchange ticked up this week, indicating retailers in the top consumer of the metal saw good sales during the week-long National Day holiday, Gold is 27188 and up to 438 point and with 0.83% so gold is moving at up trends , MCX SILVER was trading at Rs 38919 up Rs 407, or 1.06 percent. The SILVER rate touched an intraday high of Rs 38960 and an intraday low of Rs 38730. silver is also is up trends , silver is 38950, up to points 438 ,and with present 1.14% both are precious metals are up trends.
The oil price could face further downward pressure as a warmer winter is expected to hit demand further, the supplier of about 40 percent of the world’s oil warned. Official forecasts expect heating degree days in the US to be 12 percent lower than last winter, implying lower demand.
MCX SEBI REGISTERED TIPS 