Wednesday, November 16, 2011

MCX and NCDEX Commodity Market Updates Today

5:27 PM

Today MCX Commodity Market again trading negative. All the products in MCX Commodity Market MCX Bullions, Base Metals, Energy are trading negative for the day. MCX Gold, Silver, Copper, Crudeoil and all Base Metals are trading at lower prices today. MCX Gold Dec is currently at Rs. 29064,it is trading down by Rs. 107 points for the day. MCX Silver Dec is currently trading at Rs. 57638, it is down by Rs. 347. MCX Crude Oil December is currently trading at Rs. 5015, it is trading down by Rs. 15 for the day. All base metals are trading on a negative note today.

Precious metals (Bullions: Gold and Silver)
are trading lower on MCX Commodity today. We expect prices to trade lower for the following  trading session. All Base metals are trading lower on International bourses today. We expect prices to trade lower for the day. Crude oil is also trading lower on MCX Commodity Market today. We expect prices to trade lower for the day.

NCDEX Agri Commodity Market News and Updates Today:
Pepper futures to trade lower for the day. Pepper futures may remain sideways facing resistance neat 35,050 levels. Turmeric futures may trade higher. Cardamom futures may trade in bearish zone. Outlook for Soybean is seen up for the day. Guar Complex is expected to trade lower for the day. Outlook for Chana is up for the day. Outlook for Jeera is sideways to down for the day.

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