Saturday, January 14, 2012

Commodity News and Updates Today

Gold and Silver traded under pressure due to strengthening of rupee against dollar. Crude has to suffer severely amid extremely weak global trend. Domestic MCX crude dropped more than 3% today and this had an adverse effect on precious metals too. A slight decline was seen in Copper commodity which was riding bull yesterday. But Copper prices may overcome this bearish trend if a consistent trade above 415.50 happens in Copper futures.

1 comments:

Sana Hussain said...

• TVS Motor acquires 24% stake in online marketplace RentOnGo.
• Maruti CEO Kenichi Ayukawa's salary up 6% at Rs 4.2 cr in 2016-17.
CapitalStars

 
Posted By Commodity MCX Tips