Wednesday, May 11, 2011

MCX Basemetals Trading tips | Crude oil report


Base Metals Updates
Base Metals huge ups - and downs is visible. After the initial strength Metals is dowing, including copper. 1.5 per cent fall in nickel. due to rising inflation pressure is visible in China .
 MCX Bullion updates
Silver and gold in today's rapidly returned. COMEX across the gold and silver of $ 1520 has reached out to $ 39. Silver in the domestic market is trading close to Rs 60,000. Greece debt problems and increasing crude oil prices due to the trend of investors to precious metals is increasing again.
 Crude Oil report
 Political struggles in the Middle Eastern and North African countries have eaten into crude oil production and have resulted in a fall in Organization of Petroleum Exporting Countries (OPEC) crude oil output to 28.84 million barrels per day from the previous 29.17 million b/d during the month of April, showed a survey by Platte.
 

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