Friday, October 7, 2011

MCX Commodity Market Updates, MCX Trading Tips

Gold futures prices rose for a second day. Gold for December delivery rose $11.60, to settle at $1,653.20 an ounce on the Comex. Spot Gold is currently trading at $1656.60, it is up by $5 for the day. MCX Gold Dec is trading at Rs. 26587, it rose by Rs. 72 for the day. Silver spot market is trading at $32.18, it is up by 14 cents. MCX Silver Dec contract is trading at Rs. 53469, it is trading up by Rs. 240 for the day.

Crude-oil futures
ended at their best level in a little more than a week on  Thursday. Crude-oil futures for November delivery rose $2.91, to end at $82.59 a barrel on the NYMEX. MCX Crude Oct is trading at Rs. 4061. All base metals are trading in the positive territory today.

NYMEX crude trades near $82/bbl Friday after 3.7% gain yesterday. 
NYMEX natural gas trades little changed after 0.8% gain yesterday. 

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