In
Morning time if we talk about all mcx commodities, so all commodities
are looking in red shade with low prices and stands with negative
prices, here only Silver, crude oil, aluminum and mentha oil traded at
upside with positive prices.
Mcx
Gold goes down side with low -42.00 points and there prices still in
fluctuation mode and traded with different prices, while silver traded
at above side with little bit changing prices.
All
base metals like, copper,nickel,lead,and zinc traded at down side with
low prices and while aluminium goes above side with optimistic 0.5 points
above side.
Commodity trading tips and updates..................
West Texas Intermediate traded near a three-day high before a government report forecast to show crude stockpiles dropped for a second week in the U.S., the world’s biggest oil consumer. Brent was steady in London.
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Copper edged lower on profit booking after prices rose on signs of growing strength in the U.S. economic recovery for Epic research.
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COPPER futures ended higher on Friday while aluminium closed at an 18-month high as upbeat US economic data fanned hopes of stronger demand for industrial metals.
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Gold trading range for the day is 27267-27771, as updated by Epic Research Pvt. Ltd.
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