Friday, December 16, 2011

Copper Updates, Crude Updates, MCX Gold and Silver Tips

Yesterday again MCX COmmodity market closed at negative price. Today MCX Gold, Silver, Copper, Crude are trading at negative prices. MCX Gold may trade in the range of Rs. 27,200-27,800 and MCX Silver may trade in the range Rs. 53,200-53,800 in today's trading session. Today MCX Copper may trade in the range of Rs. 390-396. MCX Crude Oil is also trading at lower levels. It is trading in the range of Rs. 4800-5000. All base metals are trading on a negative note today. MCX Commodity products prices are down due to the highly strong price of Dollar($). We expect that all are trading at lower levels for the day.