Friday 7 September 2012

COMMODITY MARKET TODAY’S OUTLOOK


This week commodity markets have huge variation. MCX GOLD and SILVER showing slowdown in the market today while silver and gold were booming yesterday. Today MCX Gold and Silver are trading in heavy loss while crude oil is continue going down, and other commodities are in the gaining position and gain profit very well.
MCX Gold is showing heavy fluctuation and loss 144 points and currently trading in Rs 31323 per 10grams. While in future market, Gold is trading in 31310 rupees per 10 gm with loss of 157 points and its high price is 31421 and lower price 31270 rupees.
On the other hand, silver is trading in heavy loss of 652 points currently on price 61687 Rs/kg and in future market, silver is trading in 61695 with loss of 658 points in nov contract.
Crude Oil is trading in Rs 5313 per gallon with stable decrement percent and lost 26 points. Aluminium, Lead, nickel, Copper, and Zinc are trading in profit today.
Aluminium
109.65
+0.65
Copper
439.2
+5.75
Lead
113.7
+0.6
Nickel
908
+11.1
Zinc
106.35
+1.15



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