Gold traded under pressure in domestic market while bearish in global market. Speculation for rising interest rates in US and its impacts are seen on Gold. Silver traded in short range. At MCX Gold traded near 26490 and Silver traded near 36580.
Base Metals are quite volatile. Copper down 1%, Aluminium and Nickel traded weak. Crude oil decline sharply traded at 3120.00 down 0.92%.
Sell MCX Crude Oil 19 March 2015 Future below 3120 target 3089 stop loss 3149.