Tuesday, August 16, 2011

MCX Commodity Market Updates and News Today

The Multi Commodity Exchange (MCX), COMDEX is trading up by 14.03 points, or 0.41%, at 3,447.29 after opening at 3,432.29. MCXMETAL is trading upward by 22.25 points, or 0.47%, at 4,765.75 after opening at 4,740.97. MCXENERGY is trading up 8.76 points, or 0.32%, at 2,788.46 after opening at 2,810.36. MCXAGRI is trading up 10.99 points, or 0.39%, at 2,817.52 after opening at 2,808.31.

Gold prices bounced back on Monday as traders resorted to safe haven buying after US economic reports indicated continued stress on the economy. Copper prices increased for the third straight session on Monday. Crude oil prices made a good rebound on Monday.

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