COMMODITY MARKET TIPS
After yesterday's strong rally in crude oil declined 0.5 per cent lowers than those in the global market and is traded. Despite the pressure on Nymex and Brent crude at $ 50 to $ 53 are above the upper level of which is about 15 months. Meanwhile, the huge boom in natural gas prices at the global market and touched the top of the last 2 years. Natural gas prices in the last two weeks have been bouncing around 30 per cent. Prices found support from demand estimates. While US stocks have also been falling.
The decline today after yesterday's strong recovery was seen in gold. Comaks gold around $ 175 per ounce with a gain of $ 4 trades. In the domestic market yesterday, it came down to Rs 28 thousand. While silver has seen a slight recovery. But in the domestic market yesterday, touching the lowest level in the past 6 months has silver. Today has seen mild weakness in the rupee against the dollar.
MCX
crude oil in the domestic market, 1.6 percent below Rs 3470 with weakness is
visible. Jumped 1.5 percent, while natural gas has gone beyond Rs 240. 28200
with 1 per cent on MCX gold looks around. With a gain of 0.8 percent, while
silver is trading around Rs 40020.
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| COMMODITY MARKET TIPS NEWS |
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