Thursday, August 25, 2011

MCX Commodity Market Updates Today | MCX Gold Tips

Gold and silver futures may remain downside owing to sharp drop in prices in the previous session of comex. Base metals may remain range bound and flatline, ahead of end-week Fed meeting. Copper futures may trade with a positive bias. Crude oil futures may remain sideways.

MCX Silver is trading 0.6% higher today at Rs 60,192/kilo, registering intraday high of Rs 60,880 and low of Rs 59,760. MCX silver prices ended 6% lower yesterday.

Precious metals are trading lower on COMEX today.
Base metals are higher on International bourses today.
Crude oil is trading higher on NYMEX today.

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