Friday, September 2, 2011

MCX Commodity Market Updates Today | MCX Gold Tips

Gold for Dec delivery declined $2.60, to $1,829.10 an ounce on the Comex. Spot Gold is currently trading at $1828. MCX Gold October contract settled yesterday at Rs. 27215, it was up by Rs. 31. Silver spot market is currently trading at $41.64. It is up by 17 cents for the day. MCX Silver Dec contract settled yesterday at Rs. 64145.

All Base Metals in MCX are trading on a negative note for the day. Crude for October delivery fell 32 cents, to $88.61 a barrel on  the Nymex. MCX Crude Oil Sep contract is currently trading at Rs. 4075, it is down  by Rs. 18 for the day.
  • Weakness in equity markets is weighing on crude oil prices. 
  • NYMEX gas trades weaker Friday after 0.1% slide yesterday.  
  • Gold trades higher on safe-haven demand.
  • Base metal and crude trade lower on rising rise aversion.
  • NYMEX crude trades in a narrow range  over $88/bbl ahead of US jobs data. 
Free mcx trading tips, mcx gold tips, mcx silver tips, mcx ncdex commodity trading tips, free commodity tips, commodities tips, commodity prices, ncdex tips, ncdex commodity tips, commodity market tips, commodity tips on mobile, gold prices, silver prices