MCX Commodity Market Updates & Trading Tips Today 13 March 2013

Brent crude oil fell on Tuesday after seesawing with the euro and the dollar, and as OPEC's trimmed forecast for U.S. and euro zone economic growth also applied pressure.

bhopal, India (prHWY.com) March 13, 2013 - Gold prices advanced by Rs 35 to Rs 29,875 per 10 grams here today on sustained buying by stockists and retailers amid a firming global trend. However, silver lacked necessary buying support from industrial units and coin makers and declined by Rs 100 to Rs 55,000 per kg.
In Singapore, gold advanced 0.2 per cent to USD 1,584.75 an ounce. On the domestic front, gold of 99.9 and 99.5 per cent purity advanced by Rs 35 each to Rs 29,875 and Rs 29,675 per 10 grams, respectively. It had gained Rs 20 yesterday.
On the other hand, silver ready declined by Rs 100 to Rs 55,000 per kg and weekly-based delivery by Rs 175 to Rs 54,695 per kg. Silver coins remained stable at Rs 80,000 for buying and Rs 81,000 for selling of 100 pieces.

Brent crude oil fell on Tuesday after seesawing with the euro and the dollar, and as OPEC's trimmed forecast for U.S. and euro zone economic growth also applied pressure.
Brent April crude fell 57 cents, or 0.52 per cent, to settle at $109.65 a barrel, having traded from $109.30 to $111.20.
Copper strengthened by Rs 2 per kg on the local non-ferrous metal market today on sustained stockists buying in tandem with a firming global trend. Meanwhile, copper rose 0.1 per cent to 7,771 dollar a metric tonne on the London Metal Exchange. In the national capital, copper mixed scrap advanced by Rs 2 to Rs 443 per kg.

###

Tag Words: mcx trading tips, mcx gold tips, mcx silver tips, ncdex tips, ncdex live

Categories: Finance

Press Release Contact
http://www.researchvia.com/free-trials/

Link To This Press Release:

URL HTML Code