Friday, 24 April 2015

Commodity Market Index: MCX Gold, Silver Supported In Thin Trades

MCX Gold futures are investment stable in slight deals after a smart improvement in previous session. COMEX Gold leaped remarkably previous night as worldwide crude oil costs soared to their peak ranges in nearly 5 months. However, the broad outlooks in gold have been spoiling after the commodity failed to crack over its 100 day Exponential Moving Average (EMA). A varied outing for Asian shares and mild improvement in crude oil is watching a tab on the metal today. COMEX Gold is quoting at $1193/ounce, drop $1/ounce on the day. MCX Gold futures are trading at Rs 26913/10 grams, positive 13/10 grams on the day. Downside in Indian Rupee is offering some sustain to the domestic futures. INR is dropping 12 paisa at 63.43/US dollar – remaining at its fallen range in 3 months. MCX Silver is trading at Rs 36134/kg, up Rs 23/kg on the day.



Commodity Market Index: MCX Gold, Silver Supported In Thin Trades

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