International markets are getting weak in the domestic market, the introduction of gold and silver, the pressure is being witnessed. MCX gold futures April contract declined by Rs 387 to Rs 29 128/10 grams, silver declined by Rs 37,055 to Rs 462 in March contracts / kg. On the Nymex, gold fell by $ 13 to $ 1218 / ounce and silver fell $ 0.13 trading at $ 15.24 / ounce.
Where as rally in crude oil in the international market has begun once again. The domestic market is also getting the benefit by this. MCX crude March contract rose by Rs33 to Rs 2,235 / barrel and Nymex crude rose by 0.54 dollars to $ 32.29 / barrel.
Basemetals - in strong position in the domestic market is being witnessed. MCX Copper February Contact 2:55 Rs 318.65 with a gain / kg , lead February contract spurted 119.80 Rs 0.55 / kg , nickel February contract rose by Rs 3.90, 588.30 / kg remains.
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