Thursday, June 30, 2011

MCX Commodity (Bullions, Metals, Energy) Report Today

Crude oil rose more than $2 per barrel on Wednesday as government data showed big draws in U.S. crude oil and gasoline stocks and after the Greek parliament voted in favour of an austerity plan. Gold rose for a second day on Wednesday as confidence grew that Greece would avoid a sovereign debt default by approving steep budget cuts.

Gold rose for a second day on Wednesday  
Crude oil up 3 pct on U.S. supply draws 
U.S. crude, gasoline stocks fall  
Copper ends at 2-month high 
Copper stocks in LME-monitored warehouse fell 1,350 tonnes

GOLD ADVANCES FOR A SECOND DAY ON GREECE’S DEBT CRISIS, WEAKENING DOLLAR.
CRUDE OIL GAINS A SECOND DAY ON FORECAST DROPS IN U.S. STOCKPILES, GREECE VOTE.
COPPER ADVANCE ON OPTIMISM GREECE SET TO AVOID SOVEREIGN DEFAULT.
DOMESTIC SPICES COMPLEX EDGE UP ON SHORT COVERING. 

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