Thursday, November 3, 2011

MCX Commodity Market News and Updates Today

MCX Gold prices can open on flat note and can trade in range of 27,450-27,800 in near term. Base metals can open with weak bias ahead of the ECB meeting today. Crude oil can open on negative note tracking weak opening in international markets. MCX Gold Dec is currently at Rs. 27642, it is trading up by Rs. 52 points for the day. MCX Silver Dec is currently trading at Rs. 55765, it is down by Rs. 345. MCX Crude Oil November is currently trading at Rs. 4507, it is trading down by Rs. 34 for the day. All base metals are trading flat today.

NCDEX Agri Commodity Market News Today:-
Cardamom futures may trade sluggish. Pepper futures to trade lower  for the day. Pepper futures may trade with a negative bias. Turmeric futures may trade with negative bias. Jeera futures may trade sideways with a negative bias. Guar Complex is expected to trade lower for the day. Soybean futures on NCDEX may remain sideways with a negative bias. Outlook for Chana is up for the day.

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