Commodity Tips and updates

RaahiShah Fri Jul 06, 2012 4:06 pm

Domestic market is now beginning to dull gold and silver. MCX gold is flat with a turnover of Rs 29 737. With mild decline in silver is trading at Rs 53 602. Gold and silver are also broken in the international market.

But today the start of MCX Crude oil has declined strongly. Crude oil is down nearly 1 per cent in the domestic market. The prices have come down to Rs 4,800 now. Naimaks on crude slipped 1 per cent.

Base metals in the domestic market is also beginning to weaken. Metals are trading with all the red marks. Copper has seen the highest 0.30 per cent.

Light On NCDEX, July, August and September have been pushed forward by 1.5-2 per cent. The red pepper and Soyabni 1.5 per cent in the July futures are trading with. Although barley has declined by 2 per cent in October futures.

COmmodity tips