Friday, April 1, 2011

MCX commodity trading tips | market highlightes

Gold recovers as dollar slips
The dollar fell 0.2 percent against a basket of major currencies
Copper rose on Thursday as dollar weakness
Aluminium near highest since Sept 2008
Oil prices rose on Thursday
Gold was set for a tenth straight quarterly gain on Thursday, rising by nearly 1 percent as the dollar weakened and concern over euro zone sovereign debt and unrest across the Middle East encouraged buying. Copper rose on Thursday as dollar weakness attracted non-U.S. buyers after earlier hitting a two-week low on worries about soft Chinese demand.

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