Precious metals are trading lower on MCX commodity market today. We expect prices to trade lower for the day on account of a firmer dollar and also growing worries about the euro zone debt crisis. All base metals are trading lower on International bourses today. We expect prices to trade lower for the day. Crude oil is trading flat on MCX today. We expect prices to trade lower for the day. Gold can trade in range of 27,600-27,900 in near term. Copper may also trade in thin range of 398-405. Natural gas prices can again test 160 in near term.
Outlook for Soybean is seen up for the day. CPO is expected to trade higher. Guar Complex is expected to trade higher for the day. Outlook for Chana is up for the day. Outlook for Jeera is sideways to up for the day. Pepper futures to trade higher for the day.
Outlook for Soybean is seen up for the day. CPO is expected to trade higher. Guar Complex is expected to trade higher for the day. Outlook for Chana is up for the day. Outlook for Jeera is sideways to up for the day. Pepper futures to trade higher for the day.
