Gold Jewelry Stocks rose today as much as 20 percent after the Reserve Bank eased 80:20 gold import rules by enabling select commercial firms, besides those who have already enabling banks to acquire the metal to boost exports.

Shares of PC Jeweller rose 19.98% to Rs 124.30 -- its 52-week high. Tribhovandas Bhimji Zaveri stock shot-up 19.98% to Rs 191.80 while that of Gitanjali Gems Ltd zoomed 18.98% to Rs 108.75 on the BSE. Similarly, Rajesh Exports pick upped 15.75% and Shree Ganesh Jewellery House climbed 5%.

The Reserve Bank of India in July last year tighten gold imports in an attempt to rein-in a record high current account deficit by taming demand for the yellow metal.

"Star trading houses/premier trading houses, which are recognized agencies by the Director General of Foreign Trade (DGFT), may now import gold under 20:80 scheme," RBI had said in a notification yesterday.

The central bank had tied imports and exports a prescribed amount formula 20:80. Under this, an importer must ensuring that at least 20 percent of all lots of imported gold is exclusively available for export purposes and the rest for household use. This facility became available for selecting only banks and others were prohibited imports of yellow metal.

The decision to ease the restrictions follows depictions of jewelers, bullion dealers, banks and trade bodies.

"Given these representations and consultations with the Government of India has decided to amend the guidelines for import of gold by banks / agencies / entities nominated," said the RBI.

News By PTI India
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Gold prices declined by Rs 195 to Rs 30,390 per ten grams in Delhi today as auspicious Akshaya Tritiya could not conjure up any significant support for the bullion metal cart.

Silver also fell for the third consecutive day by losing Rs 430 to Rs 41,650 per kg.

Traders said a weakening trend in precious metals overseas after the Federal Reserve proceeded with cuts to stimulus amid signs of a recovery in the U.S., reducing demand for safe haven put particular pressure on gold prices here.

Buy gold picks up especially at this time of year, though India celebrates Akshaya Tritiya. The saying is - Gold and gold jewelry bought and worn on this day signify never diminishing good fortune.

While gold has been better performance in the past decade, it has lost some shine over the last year and the tendency is likely to continue given that the world economy had begun to show signs of recovery.

But in contrast to the West, buying gold in India has always once been driven more by feelings and Akshaya Tritiya is a good opportunity in which it is said that purchasing gold bring wealth.

Gold trading indeed important and must be part of a diversified overall portfolio, but analysts are advising to cut back their positions in the wake of falling the prices of gold internationally.

The price of gold in the Indian market is higher than the world market owing to the additional duties set by the UPA government to curb the bulky current account deficit.

News By Economictimes
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The prices of gold traded near a one-week low on Thursday after the Federal Reserve's decision by to diminish their monthly buying program bonds at $ 10 billion for the fourth successive meeting.
On the Comex division of the NYMEX, gold for delivery in June took place in a narrow range between $ 1,285.10 per troy ounce and $ 1,293.10 an ounce.
Gold quoted at $ 1286.90 per ounce during early European morning trade hours, down 0.69%, or $ 9.00. Futures fell by 0.03%, or 40 cents an ounce on Wednesday to close at $ 1295.90.
The prices of gold were likely to find support at $ 1268.40 per troy ounce, the low of April 24 and resistance at $ 1306.60, the high of April 28. The Federal Reserve said Wednesday that it decrease its bond purchases by $ 10 billion to totaling of $ 45 billion a month, in a widely expected decision. The Federal Reserve also stated that the interest rates would be kept on hold at historic lows for a "substantial time" after the bond buying program ends later this year.
The U.S. central bank admitted that the first quarter growth was far weaker than expected, but said that the moment had started to pick up the last few weeks.
Data showed Wednesday data showed the U.S. economy expanded at an annual pace of 0.1% during the first three months of the year, far short of expectations of a 1.2% expansion.
The investors now glanced forward to jobs in the U.S. closely-Friday report for April, which was expected to show the rebound in the labor market continues.
News By Investing.com
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Silver Imports in India are on track to meet a record this year, wedding and festival season on raises the purchase of the precious metals rather than traditional gold, made it more understaffed and pricier by formal measures taken to reducing the trade gap.
The increase in the purchase is unlikely of provoking a crisp policy response from authorities, as in for gold since the value of silver that imported is much less than the gold and thus it is not critical to the trade balance.  In accordance with metals consultancy GFMS, India imported 4,073 tonnes of silver between January and August more than twice as many 1,921 tonnes in 2012 as a whole, when a rise of prices the demand peak seasonal injured. The record was set of 5,048 tons in 2008.

In other hand,  gold & Silver imports declined by more than 80 percent to $ 0.8 billion in September as a result of a series of steps made by the government to curb inbound shipments for precious metals, a development that will help to reducing the current account deficits records. India, as well the world's biggest buyer of gold, has increased the duty on imported gold three times this year, bringing it to by 10 percent, and in July the government has said that importers that a one fifth of your purchases will must give the export back, leaving only 80 percent for household use.

Commodity Market Trading Advisory 100McxTips.com, Offers Some Trading Ideas for MCX.

• MCX Gold ( December futures ) : Buy - 29200 , Target - 29 600 , with a stoploss - 29050
• MCX SILVER ( December futures ) : Sell - 49600 , with a stoploss - 49 990 and Goals - 48 562
• MCX Crude oil (OCT futures ) : Sell - 6459 , with a stoploss - 6499 and target - 6365
• MCX Natural Gas (OCT futures ) : Sell - 232.50 , target - 227 , with a stoploss - 236
• MCX Aluminum (OCT Futures ) : Buy - 114.50 , target - 117 , with a stoploss - 113
• MCX Nickel (OCT Futures ) : Buy - 860 , Goals - 890 , with a stoploss - 840

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At MCX Gold futures prices up 0.8% to Rs 29,000/10 gm today as a profiteers broadened their positions on back to reassert global trends.
At the MCX, gold for February 2014 delivery  increased by Rs 228, or 0.79 percent at 29,000 rupees/10 grams, with a turnover of of 11 lots. 
In a similar manner on metal for delivery in Gold  December rose by 226 contracts rupees or 0.69 percent at 29,290 rupees/10 grams, with a trade volume of 638 lots. Market observers told that the increase in gold futures was particularly in line with a firm trend into foreign markets as a partial government shutdown took seventh day, spurring speculation that the political deadlock may encourage the Fed to prolong incentive.

MCX Trading Tips for Today. By MCX Commodity Advisory (100McxTips.com)

MCX Gold Trading Tips (December futures): Buy - 29300, with a stop-loss - 29 190 and Goals - 29 430

MCX Copper Trading Tips (Nov futures): Sell - 458, with a stop-loss - 464 and Goals - 448

MCX Crude oil Trading Tips (OCT futures): Sell - 6420, with a stop-loss - 6455 and target - 6350


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Today beginning with decline in gold & silver. due to stronger rupee MCX gold is around 1 per cent at about Rs 29,900. Silver fell by 1 per cent at Rs 48,000. Gold and a silver are also vulnerable to to international exchange. Crude oil has seen plummeting in domestically market. MCX crude oil is down 1.5 per cent fall to Rs 6,400.
Today offloading trend in base metals. MCX Copper is 1 per cent fall to Rs 450. Zinc, lead, aluminum, nickel is in the 1 to 0.5 per cent decline.




At MCX, Commodities delivery Open market  prices  – As on Oct 4, 2013

• COPPERM 29-NOV 2013, Opening Price: 452.80, High: 452.80, Low: 450.00
• COPPER 29-NOV 2013, Opening Price: 452.30, High: 452.30, Low: 449.70
• SILVER 05-DEC 2013, Opening Price: 48201.00, High: 48201.00, Low: 47990
• SILVERM 30-NOV 2013, Opening Price: 48512.00, High: 48512.00, Low: 48000
• SILVERMIC 30-NOV 2013, Opening Price: 48650.00, High: 48650.00, Low: 48150
• ZINCMINI 31-OCT 2013, Opening Price: 115.00, High: 115.00, Low: 114.10
• ZINC 31-OCT 2013, Opening Price: 115.00, High: 115.00, Low: 115.00
• LEADMINI 31-OC T2013, Opening Price: 127.05, High: 127.25, Low: 126.20
• LEAD 31-OCT 2013, Opening Price: 127.00, High: 127.00, Low: 126.20
• ALUMINIUM 31-OCT 2013, Opening Price: 111.10, High: 111.10, Low: 111.10
• ALUMINI 31-OCT 2013, Opening Price: 111.60, High: 111.60, Low: 111.20
• NICKELM 31-OCT 2013, Opening Price: 842.10, High: 842.10, Low: 839.50
• NICKEL 31-OCT 2013, Opening Price: 841.20, High: 841.20, Low: 839.00
• GOLDGUINEA 31-OCT 2013, Opening Price: 24100.00, High: 24100.00

For Today India Stocks Market Future Intraday Tips By 100McxTips

• Tata Motors DVR is a 'BUY' call with a target of Rs 185 and a stop loss of Rs 169.
• Cairn India is a 'BUY' call with a target of Rs 340 and a stop loss of Rs 328.
• Tata Motors DVR is a 'BUY' call with a target of Rs 185 and a stop loss of Rs 172.
• L&T Ltd is a 'BUY' call with a target of Rs 860 and a stop loss of Rs 810.
• Jindal Steel Ltd is a 'BUY' call with a target of Rs 255 and a stop loss of Rs 235.
• Bajaj Auto Ltd is a 'BUY' call with a target of Rs 2,170 and a stop loss of Rs 2,080.
• SAIL is a 'BUY' call with a target of Rs 60 and a stop loss of Rs 52.

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Despite the decline at global market, gold has recovered strongly in the domestic market. MCX gold prices rose 1.48 % to run across again at  Rs 30,000. With a gain of 1 %, while mcx silver is trading at Rs 48 450. Notably that today has strengthened by nearly 1 per cent to rupee. Despite this it is increasingly witnessing and compared with MCX Gold futures for October December futures is trading down Rs 800. MCX crude oil in international markets despite slowdown is 1 per cent plus. MCX crude oil is trading at Rs 6434. Natural gas in the domestic market fell over 3 percent. MCX Natural gas prices have plunged by rupee 221.60.
With a slight decline of 0.02 per cent on MCX Copper is trading around Rs 458. Aluminum 0.75 per cent, 1 per cent nickel, lead and zinc also 0.97 per cent to 0.47 per cent recorded



MCX Commodity Market Investments Future Trading Tips By 100McxTips

Gold Tips (December futures): Buy - 29150, stoploss - 28 900 and Target - 29500

SILVER Tips (December futures): Buy - 48400, stoploss - 48000 and the target - 49000

Crude oil Tips (October futures): Sell - 6440, stoploss - 6460 and target - 6400

Zinc Tips (OCT futures): Sell - 116 to 116.5, stop - 117.3 and Goals - 115.

Copper Tips (Nov futures): Sell - 459, stoploss - 462 and Goals - 455


For Sure Shot Trial MCX Commodity Intraday Trading Calls visit us at www.100McxTips.com.

At MCX, Commodities delivery close market  prices  – As on September 28, 2013.

• GOLD 05-OCT-2013, Close Price: 30726.00, High: 0.00, Low: 0.00, Volume: 0
• COPPER 29-NOV-2013, Close Price: 470.05, High: 0.00, Low: 0.00, Volume: 0
• COPPERM 29-NOV-2013, Close Price: 470.05, High: 0.00, Low: 0.00, Volume: 0
• SILVERMIC 30-NOV-2013, Close Price: 49709.00, High: 0.00, Low: 0.00, Volume: 0
• SILVERM 30-NOV-2013, Close Price: 49709.00, High: 0.00, Low: 0.00, Volume: 0
• ZINC 30-SEP-2013, Close Price: 118.65, High: 0.00, Low: 0.00, Volume: 0
• ZINCMINI 30-SEP-2013, Close Price: 118.70, High: 0.00, Low: 0.00, Volume: 0
• LEAD 30-SEP-2013, Close Price: 131.30, High: 0.00, Low: 0.00, Volume: 0
• SILVER1000 30-SEP-2013, Close Price: 48350.00, High: 0.00, Low: 0.00, Volume: 0
• GOLDM 05-OCT-2013, Close Price: 31164.00, High: 0.00, Low: 0.00, Volume: 0
• BRCRUDEOIL 15-OCT-2013, Close Price: 6925.00, High: 0.00, Low: 0.00, Volume: 0

Get all MCX Market sure shot commodity tips with 85-90% accuracy for more info visit here http://www.100mcxtips.com/commodity-tip.

Gold - Silver have seeing a buoyant. Tremendous increase of around 3 percent in domestic markets in gold is showing. The price of gold has raised the again to Rs 30,000, Rs 50,000, while silver is rises above at its best.
Rapid effect at the domestic exchange in the international exchange is falling. The rupee has get to see as weakness in gold and silver is the passion. The dollar index has reached the highest level in seven months. Even though in China next week going to begin the holidays, such as physical demand is likely to decline.

Gold - Silver is visible boom impressive with crude. in domestic markets crude oil once again gone across the levels Rs 6,500. Risen over production in Texas and now Iran began to get under pressure at the crude oil. Crude oil purchases from lower levels but now gone back. With an edge even in the international exchange is trading close to $ 102.

Yesterday End of the Market, Gold, Silver Commodity Prices:

• MCX Silver price per kg is Rs 49,317, up Rs 678 from its previous close.
  
• MCX Gold price per 10 grams is Rs 30,429, up Rs 564 from its previous close.
  
• MCX Crude is trading at 6538 while Brent Crude is at $ 108.64 per barrel
  

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Estimate reductions in U.S. stimulus packages comex under pressure in gold is visible. Silver also fell by 0.5 per cent. The nymex crude oil has come up down to 103 dollars. Also Brent has also come down and is Now trading below the 109 dollars. Of the rupee against the dollar have firmed today.

Now, with decline by 0.3 per cent on MCX gold is trading down to Rs 30 120. With 0.5 per cent decline mcx silver has occurred down to Rs 49,000. MCX crude oil is trading at Rs 6410 dropped 0.3 percent. Natural gas with a loss of nearly 1 per cent has come to below Rs 224.

Buy-Sell MCX Commodity Trading Tips By Investment Growth Services:

• MCX Gold Tips (OCT futures): Sell - 30250, stoploss - 30600 and the target - 29800
• MCX Copper Tips (Nov futures): Sell - 460, stoploss - 462 and Goals - 454
  
• MCX Silver Tips (December futures): Buy - 49000, stoploss - 48 830 and Target - 49500