According to the Best NCDEX Tips Provider, The sharp fall in crude oil has been seen. In yesterday's trade, Brent Crude slipped 4.5 percent to below 72 dollars. Indeed, the softening of America's position on imports from Iran has affected crude. Some oil buyers can get permission to import from Iran. At the same time, Libyan port has also opened and there is a possibility to increase the supply of other oil producers other than Russia. Brent Crude is currently trading 0.8 percent and is trading at $ 72.4. WTI Crude at NYMX climbed 0.25 percent to $ 68.2.
Gold and silver are looking soft. Gold is flat on commex and is trading at $ 1,239.6. Silver is trading 0.1 percent and is trading at $ 15.8.
Rudra Investment Best Commodity Tips
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Gold MCX (August futures):
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Sell - 30150
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Stop Loss - 30300
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Target - 29900
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Crude oil MCX (July futures):
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Sell - 4680
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Stop loss - 4750
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Target - 4550
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