Thursday, September 15, 2011

MCX Commodity Market Updates Today | MCX Gold Tips

Gold prices moved higher, paring earlier losses. Gold prices may trade sideways with upward bias. Silver prices moved 2.4% higher, inline with the gains in the yellow metal. MCX December Silver settled higher by 2.8% at Rs 65,568/kg. Silver prices managed a high of Rs 65,690/kg and a low of Rs 63,998/kg. MCX December Silver is trading marginally lower by 0.17% today at Rs 65,459/kg. Base metals may trade on flat note. Crude oil prices can open in negative zone tracking weak overseas cues.

Spot Gold is currently trading at $1807, it is down by $12 for the day. MCX Gold October is currently trading at Rs. 27960, it is trading down by Rs. 192 for the day. Silver spot market is currently trading at $40.33. MCX Silver Dec contract is currently trading at Rs. 64620, it is marginally down by Rs. 165 for the day. Crude oil for October delivery dropped 29 cents, to  $88.61 a barrel on the NYMEX during Asian trading hours. MCX Crude is  currently trading at Rs. 4237, it is down by Rs16 for the day. All Base Metals in MCX are trading marginally positive today.

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