Wednesday 2 November 2011

Commodity News For Today|MCX Gold Tips For today


Commodity-Gold - Silver moderately fast
In crude oil mixed trend is visible. On MCX, crude oil, with about half per cent is trading at Rs 4523. The declining trend in crude oil is Naimaks. European debt crisis is the impact on crude oil. While in China, with demand projected to decrease pressure on crude oil prices are being seen.

International market due to rapid domestic market is also seen in gold and silver purchases. On Tuesday there was a declining trend. Although the business is still limited. Gold on MCX is at Rs 27 525. While silver is trading at Rs 55 313.

After Tuesday's sharp drop in base metals is returned to shop today. Copper is trading at the 1 per cent. The other base metals are traded on the edge.

Declining trend in today's red pepper. November futures on MCX in Red Pepper is trading at around 1.5 per cent. October futures over the December futures is down around 500. Red pepper is also a declining trend in the spot market.
 

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