Tuesday, September 6, 2011

MCX Gold, Silver, Base Metals, Crude Oil Updates Today

COMEX Gold and Silver futures were not traded yesterday on account of Labor Day holiday in US. However, Spot Gold has breached key levels of USD 1,900/ounce today, supported by lingering Euro zone debt worries. Copper prices moved lower, impacted by poor economic numbers on the European front and lingering debt woes. Crude oil futures registered further losses, exerted lower by gloomy economic scenario in US.

MCX December Silver is trading 0.62% higher today at Rs 66,840 /kg, registering intraday high of Rs 66,865/kg and low of Rs 66,472/kg. MCX September Silver futures expired yesterday at Rs 64,407/kg.

MCX Gold October is currently trading at Rs. 28610, it is up by Rs. 125 for  the day. Silver spot market is currently trading at $43.16. MCX Silver Dec  contract is currently trading at Rs. 66765, it is up by Rs. 370 for the day. MCX Crude Oil Sep contract is currently trading at Rs. 3861, it fell by 3.25% yesterday. All Base Metals in MCX are trading on a negative note for the day.

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