Commodity Market Outlook
Today International Commodity Markets have Witnessed a varied trend .NCDEX is on the go up in Crude oil .However MCX has been on the refuse in gold and silver.
NCDEX 0.2 percent at present, With Crude oil trading at 96.38 dollars a barrel while Brent crude has come.
MCX fell 0.2 percent in Gold and it is 1695 dollars per ounce level .Also on MCX of $ 31.78 per ounce & Silver 0.32 per cent has been broken .Copper on the London metal Exchange is trading with strength of 0.1 percent.
Gold Intraday Level
Currently Gold is showing some down move and trend is strong momentum is also showing strength and supported with good volume the open interest is not increasing with trend. The Gold is now trading in overbought level. The Gold is now trading in overbought level.
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