Gold Trend
Spot gold was last down 3.0 percent on the day at $1,621.49 an ounce by 0903 GMT, having fallen earlier by as much as 7.4 percent, putting the difference between the intraday high and low at $128.40, the largest daily price swing on record. The spot price was last down 4.9 percent at $29.54 an ounce, its lowest since last November.
MCX Gold Trend
In MCX Gold trading was peforming at 25800 after hitting the level(intraday) 25000, gold was let down. Spot gold in the world market was set for its biggest three-day loss in 28 years on Monday, as investors fled commodity markets in a scramble to secure cash in the face of mounting fear over the impact of a potential Greek debt default on the rest of the euro zone.
MCX Silver Trend
The main bloodbath was seen in the Silver complex and COMEX Silver Dec futures fell by 17.71 percent to $30.101 per troy ounce on 23 rd Sept, 2011 from $36.578 per troy ounce on 22nd Sept, 2011. On weekly basis Silver prices plunged by 26.28 percent.
Crude Oil Trend
Oil on seven weeks lower level, US crude lost USD 2.74 to reach a low of USD 77.11 per barrel, after rising more than a dollar earlier. It had recovered to trade around USD 78.70 by 0812 GMT, still down USD 1.15. NYMEX Crude oil futures extended their downfall on 23rd Sept, 2011 and fell by 0.82 percent to close at $79.85 per barrel yesterday from $80.51 per barrel the prior day.
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