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Wednesday, March 2, 2016

Gold prices, beginning with profits in Crude

Wednesday, March 02, 2016
Commodity Market Tips

Global equity market faster than expected due to the pressure on gold prices is being witnessed. April futures on MCX gold declined by Rs 86 to Rs 29 137/10 grams, while silver remains March futures are trading at Rs 59 to Rs 35 680 gold on the Nymex declined more than $ 2 to $ 1,228 / oz and silver of $ 0.06 to $ 14.82, with modest gains /ounce

Crude today is profit being recorded. MCX crude March futures contract declined by Rs 2313 to $ 31 / barrel, while Nymex crude remains at $ 34, down $ 0.39 / barrel.

Base Metals get the advantage of China's markets yesterday were China market rose 2 per cent. MCX Copper April contract rose by Rs 1.75 to Rs 326 / kg, lead March contract rose 0.45 to Rs 121.50, nickel March contract rose by Rs 1.50 to Rs 593.10 / kg.

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