MCX Commodity Tips Updates for Today

• Crude Oil started with gains today. Due to rise in International Markets Crude Oil opened with nearly 0.5% up on MCX. On MCX Crude oil is trading above Rs 5,200. On Nymex Crude Oil is trading above $ 101.

• On MCX Gold and Silver is looking strong. On MCX Gold is trading with 0.25% rise above 29,000. On MCX Silver is trading with 0.5% rise around Rs 57,200.

• On MCX Base Metals Copper is trading with gains. On MCX Copper is trading with 0.5% strength above Rs 410.

MCX Commodity Updates and Outlook for Today

The effect of unemployment in United States has been seen in the Commodity Markets. 

On Nymex Crude Oil has slipped. On Nymex Crude Oil is trading with slight decline $ 100 per barrel. The Brent Crude gained nearly 0.5% and is trading around $ 109.4 per barrel.
On Comex Gold and Silver is trading with strength. On Comex Gold is trading with 0.5% strength around 1745.75 dollars per ounce. While on Comex Silver is being witnessed on the edge and it is trading at 32.8 dollars per ounce. Copper on LME is looking strong with 0.2%.

MCX Commodity Tips Updates for Today

Mixed sentiments in International Commodity Markets is being witnessed. On Nymex Crude Oil has slipped. On Comex gold and silver has recovered.
On ComeX Gold is trading with 0.5% rise at $ 1729.75 per ounce level. On Comex Silver is also showing strength with 0.5% rise and has risen above $ 32. Copper on the London Metal Exchange has declined by 1%. Nymex Crude Oil declined by 0.2% and is trading at 99.50 dollars a barrel.

MCX Commodity Updates: Gold Silver Copper Crude Trend for Today

International and domestic Crude Oil declined today. At Nymex Crude Oil is trading with 1% decline. At MCX Crude Oil is trading with about 2% decline at Rs 5052.
Weak position in the domestic market in both gold and silver are visible. On MCX Gold is trading down at Rs 28,775. Silver is also trading with a decline of 1% at Rs 56,420. The international market has also put pressure on gold and silver.
Today all the base metals are trading at 1 to 1.5% decline. MCX Copper is trading with around 1% decline at Rs 383. Pressure on LME Copper is also seen.
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