Thursday, March 17, 2016

MCX Gold up by 2.5 percent, Crude oil beyond $ 40

The US Federal Reserve's decision to not raise interest rates after the strong rally in gold. Comaks gold rose 2.25 percent and is trading at $1258. While silver is also seeing a boom. 

With 2.3 percent growth Comaks silver has reached $15.6. The same with a gain of 1.5 percent on MCX gold is trading at Rs 29,400. MCX Silver with a gain of 1.5 percent is trading at 37,450 rupees.  

Base metals boom :

Base metals rose 0.2 percent aluminium is trading at Rs 101. MCX Copper prices have reached Rs 337, nearly 1 percent gains. while nickel is reached to Rs 583 with 0.8 percent up.  

Agri commodities bounce :

At the Multi Commodity Exchange , mentha oil with 0.25 percent high is trading at Rs 873.3. NCDEX guar seed at Rs 3075 with a gain of 0.5 percent.


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