Sunday, 13 November 2016

COMMODITY MARKETS : GOLDEN GLOW , THE FALLEN | MARKET UPDATES 14 NOV 2016.

The rupee against the dollar is badly broken. A value of $67 bucks lasted beyond which was now trying to adapt. In the domestic market have been eating oil expensive. Soy and palm oil 1.5 to 2 per cent up in business. Tramp on the non commodity Gold Premium is now over. Gold in the domestic market has come down to RS. 30000. After winning the gold of the tramp around 75 dollars is declining. Silver also offloading a negative bias to dominate and base in aluminium and nickel are trading with heavy edge. Crude oil also soared to fall today. Supply pressure on prices from rising estimates. The domestic market's fall of 0.4 per cent with gold on MCX 29785 bucks doing business around. That's where silver 0.4 per cent sliver is close to RS 43970. MCX crude oil at 0.6 per cent with weakness of close to RS. business 2990. While natural gas 2% strength is around 180 with the bucks. A negative bias on the base of copper, 2.3 per cent, with the boom of MCX 385 bucks doing business around. Whereas aluminum's 0.04 per cent in kanjori around 118 bucks traded with is visible. Agri commodities on ncdex refined soy oil in December futures 1 per cent more than 680 bucks with boom is showing up. While December futures slid 0.6 per cent of innovations with 17035 looks around Rs.


COMMODITY MARKETS UPDATES



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