Hello Traders and Investors!!
Today, Bullion counter may extend
yesterday losses on profit booking at higher levels. Meanwhile stronger
local currency rupee may also keep the prices under pressure. MCX Gold
can move in range of 26500 27000 and Silver can move in range of
34000-35000 in MCX, At the Multi Commodity Exchange, crude oil prices
rose 1.5 per cent to Rs 2646 per barrel level.
MCX
Commodity market debut
MCX silver declined yesterday , it declined by 0.56 percent and is
trading at Rs 34 640 perkg . 1 per cent of the natural gas is being
high. China's rate cut despite the decline in the domestic market of
base metals is not see at strong zone. In all , about 0.4 per cent on
MCX metal is under pressure. Mentha oil gained 0.32 cent and tarded at
Rs 976 per kg.
Most of Agri commodities business
Today , most agricultural commodities in the domestic futures market is trading in red.
NCDEX soybean prices is under pressure with 0.5 per cent fall trading at Rs 3135 per quintal.
Refined oil prices slipped to 0.38 percent. While NCDEX Coriander prices have been fell 0.7 per cent, traded at Rs 10798 per quintal.
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