At the Multi Commodity Exchange (MCX), COMDEX is trading up by 29.14 points, or 0.83%, at 3,538.18 after opening at 3,508.47. MCXMETAL is trading upward by 27.66 points, or 0.60%, at 4,621.00 after opening at 4,591.86. MCXENERGY is trading up 45.05 points, or 1.39%, at 3,277.46 after opening at 3,256.10. MCXAGRI is trading up 6.11 points, or 0.24%, at 2,601.61 after opening at 2,598.02
Gold futures moved higher in the morning on Tuesday as the dollar weakened against the euro on new promise of a soothing of Europe’s sovereign-debt woes. Gold for August delivery, the most-active contract, rose $1.30, to $1,538.60. Gold in the spot market is currently trading at $1539. MCX GOLD June contract is currently trading at Rs. 22482, it is currently trading flat for the day.
Silver tracked gold higher, with the July contract gaining 69 cents, to $38.56. Spot silver is currently trading at $38.55. MCX Silver July contract is currently trading at Rs. 58235, it is up by Rs. 532 for the day.
Oil futures rose in electronic trading on Tuesday. Benchmark Nymex crude oil for July delivery traded up $1.34 at $101.90 a barrel in electronic trading. MCX Crude Oil June contract is trading near Rs. 4598, it is up by Rs. 64 for the day. Base Metals have witnessed a positive morning session today. Nickel is up by 2%, Lead is up by 1.3%. Copper and Zinc are marginally up for the day.
Gold futures moved higher in the morning on Tuesday as the dollar weakened against the euro on new promise of a soothing of Europe’s sovereign-debt woes. Gold for August delivery, the most-active contract, rose $1.30, to $1,538.60. Gold in the spot market is currently trading at $1539. MCX GOLD June contract is currently trading at Rs. 22482, it is currently trading flat for the day.
Silver tracked gold higher, with the July contract gaining 69 cents, to $38.56. Spot silver is currently trading at $38.55. MCX Silver July contract is currently trading at Rs. 58235, it is up by Rs. 532 for the day.
Oil futures rose in electronic trading on Tuesday. Benchmark Nymex crude oil for July delivery traded up $1.34 at $101.90 a barrel in electronic trading. MCX Crude Oil June contract is trading near Rs. 4598, it is up by Rs. 64 for the day. Base Metals have witnessed a positive morning session today. Nickel is up by 2%, Lead is up by 1.3%. Copper and Zinc are marginally up for the day.
