Gold – Silver edge in today’s business. On MCX gold has exceeded 22 thousand bucks, while silver is trading above the 53 thousand bucks. Comaks 1515 dollars per ounce on the gold and silver have reached around $ 35 per ounce.
Nickel July contract traded at Rs 1,040.00/kg, down Rs 4.40 and moved between Rs 1,051.80- 1,036.60 per kg. Volume so far recorded 25,108 lots. It had opened the session at Rs 1,042.00 per kg.
Zinc July contract traded at Rs 105.95, down Re 0.80 and traded between Rs 106.80- 105.60 per kg. Total volumes recorded 11,700 lots.
Copper August contract traded at Rs 425.25 per kg, down Rs 2.80 and traded in the range of Rs 428.30- 424.40 per kg. Volumes so far recorded were 54,930 tons.
Lead July contract currently traded at Rs 119.00/kg, down Re 0.85 and so far fluctuated in the range of Rs 119.90- 118.80 per kg. Total volumes recorded 8,101 lots.
Aluminium July contract traded at Rs 113.05, down Re 0.95. It so far moved between Rs 114.30- 112.80 per kg. Total volume so far recorded at 3,358 lots.
Crude oil is trading at today’s rapid growth, has moved up to Rs 4,300 on MCX crude oil. Naimaks 97 dollars per barrel on the crude oil is trading up. U.S. crude oil stocks which are feared to be lower because crude oil prices is to get support.
Crude oil futures traded down by one per cent during the second half of trading on Multi Commodity Exchange (MCX) Wednesday following sharp bears at the Nymex counter. Global prices tumbled after People’s Bank of China announced plans to raise benchmark interest rates by 0.25 percentage point.
August crude oil at New York Mercantile Exchange (NYMEX) traded at USD 96.26 [-0.63] a barrel.
MCX crude oil July contract traded at Rs 4,289 [-43.00] a barrel and so far made an intra-day high and low of Rs 4,349 and Rs 4,273 a barrel. Far month August and September contracts traded at Rs 4,3366 [-46.00] and at Rs 4,385 [-49.00] a barrel respectively…
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