Bullion News and Updates:

Gold and silver trading in the international market is weak. COMEX gold dropped 0.5 per cent to $ 1766, while silver broke nearly 1 percent to $ 34 per ounce level. Slowdown in the domestic market last week with gold closed at Rs. 31,223, while silver ended at Rs. 62,819 with a flat trading.

Crude oil slipped nearly 1 percent on NYMEX, the price is around 91 dollars a barrel. MCX last week, crude oil closed slightly down on 4825 levels.

London Metal Exchange (LME) copper slipped nearly 1 per cent on though Copper rose 0.26 per cent in the domestic market last week and closed above Rs 441.

Commodity MCX Tips for today:

1. Gold (December futures) MCX: Sell -31,550 to 31,600 rupees stoploss of Rs -31 700, -31 400 bucks Target

2. Crude oil (October Futures) MCX: Rs Sell -4910 to 4920 with stoploss of Rs -4970, -4820 Rs Target