Due to increase in US crude reserves, the decline in prices is recorded in CrudeOil. Brant Crude has lost nearly 1.0 percent during the trading.
since April 2004 the Brent crude have been came down by $30. MCX crude oil rose 0.5 percent, while nearly Rs 2,060 is reached.
MCX Copper estimated at low rates Since 6.5 Years:
Reduction in demand from the projected price of copper on the London Metal Exchange is at its lowest level in the last 6.5 years .
The zinc and nickel , about 1 to 2 percent in heavy decline. MCX Aluminium with a gain of 0.75 per cent trading at Rs 98.9, lead gained 0.5 percent and the price reached Rs 109.25.
Rise in MCX GOLD :
Price on MCX Gold at Domestic Market is raised at trading at 25,895.00 with gains of 160.00, (+0.62%). MCX Silver is at 34,108.00 with loss of -63.00 (-0.18%).
Commodity tips By Experts:
BUY Intraday COPPER - FEB (MCX) @ 295.10, Target: 300.00, Stop-loss: 292.80
Buy MCX Feb Gold between 25530 – 25560, SL – 25400, Target – 25800 / 25900
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