MCX Commodity Live Updates

Commodity Live

Bears dominated trading session in Asian and European equity markets today and this negativity spread to the US markets as stock futures are trading in the negative territory. Unemployment rate in the Euro Zonejumped to 10.2 percent in September, thereby threatening a further slowdown in the 17-nation Euro region.

Gold MCX Trend

In Indian commodity market spot Gold prices declined more than 1 percent till 4.45pm IST & from this level gold seems more bearish. Gold presently trading is aorund 27305, we expect that it may touch 27265 in current trading session. Investment demand for the yellow metal at SPDR Gold ETF Fund remained unchanged on 28th Oct, 2011 which showed that investors remained reluctant to reduce their investment holdings.

Silver MCX Updates

After Diwali silver is bouncing back, but this trend is not for long time in short term silver will be consolidate but for long term perpective silver seems bullish. Gold/silver ratio edged down to 49.58 on 28th Oct, 2011 from 49.53 the prior trading day indicating strength in the investment demand for the metal.

Click Here to get all MCX Commodity Tips, Gold mcx trend , mcx live tips on mobile, silver tips on mobile.

MCX Commodity Daily Updates

Gold Updates

On the MCX Gold December contract rose 0.7 percent on and touched an intra-day high of

Rs.26,897/10 gms till 4.45 IST today. On MCX Gold its expected to touch 27000 in todays trading session, Gold clearly seems on bullish trend so its good for buy in intrday session or short & long term session.

Silver Updates

Silver also trade with posstive mode, we expect it will touch 53650in todays session, MCX Silver is good for long term session afetr diwali. MCX silver also witnessed gains

of around 1.1 percent and was hovering around Rs.53,388/kg till 4.45

pm IST.

Crude Oil Updates

Crude seems in little positive mode & Nymex crude oil gained more than 0.4 percent today, on the back of rising expectations of positive outcome from the second summit on Wednesday coupled with favorable manufacturing data from China.

Click Here to get all MCX Commodity Tips, on mobile, We provide you all MCX Gold Tips, Silver tips, Crude  Oil tips, mcx copper tips, commodity tips for today, live mcx tips, mcx live price on mobile.

MCX Gold Silver Updates

MCX Gold Trend

Investment demand still held unchanged yesterday even after a sell off seen in the markets and holdings at SPDR Gold ETF remained unchanged yesterday. Gold is expected to trade lower today, as easing concerns over Euro Zone debt worries will reduce demand for the yellow metal. But, a weaker dollar may help cushion sharp fall in prices.

MCX Silver Updates

Silver prices dropped around 2 percent today till 4.45 pm IST, on the back of fall in gold prices along with downside in base metals. The white metal touched an intra-day low of $30.41/oz and was trading at the level of $30.61/oz till 4.45 pm IST. On the MCX, Silver December contract traded lower by almost 1 percent and was hovering around Rs51,755/kg till 4.45 pm IST. COMEX Silver Dec futures also fell along with Gold futures and they closed down by 1.74 percent to $31.277 per troy ounce from $31.831 per troy ounce the prior trading day.

We provide you all MCX Commodity tips, - Click Here. For all free mcx tips, copper tips, gold tips, silver tips, free commodity tips, mcx live & Gold mcx trend check daily blog. 

Commodity Data

Commodity Data

Date	Time	Currency	Economic Data	Forecast	Previous
THU 20TH OCT	6:00pm	USD	Unemployment Claims	401K	404K
	7:30pm	USD	Core CPI m/m	4.94M	5.03M
	7:30pm	USD	CPI m/m	-9.0	-17.5
	7:30pm	USD	Housing Starts	0.3%	0.3%
	8:00pm	USD	Crude Oil Inventories	111B	112B

Click here to get commodity tips, free mcx tips, mcx live tips, silver tips, gold tips

MCX Gold Silver Updates

MCX Gold Trend

COMEX Gold Dec futures extended their declines yesterday and fell by 1.42 percent to $1,652.8 per troy ounce from $1,676.6 per troy ounce the prior day as a rising equity market coupled with a stronger greenback in the later session of the trade pressurized the yellow metal. Because of barclays speech gold simply fall dwon with other base metals.

MCX Silver Trend

Silver declined around 0.5 percent today till 4.45 pm IST today, taking cues from fall in gold prices coupled with downside in base metals. At present silver slightly move for up. Future rose marginally by 0.03 percent to $31.831 per troy ounce from $31.821 per troy ounce the prior day. Investment demand of Silver saw 60.54 tonnes of redemption yesterday.

For all mcx commodity tips - Click Here. We provide you free mcx tips, free commodity tips, mcx live tips, gold tips silver tips.

MCX Commodity Data

MCX Commodity Data

Date	Time	Currency	Economic Data	Forecast	Previous
WED 19TH OCT	6:00pm	USD	Building Permits	0.61M	0.63M
	6:00pm	USD	Core CPI m/m	0.2%	0.2%
	6:00pm	USD	CPI m/m	0.3%	0.4%
	6:00pm	USD	Housing Starts	0.59M	0.57M
	8:00pm	USD	Crude Oil Inventories		1.3M
	11:30pm	USD	Beige Book

Fill Our From & Get All MCX Free Tips

Why commodity prices are falling?

In current trading session base metals prices pared all their gains to end with losses of anywhere between half to two percent. Because of Comments by the German minister that there would not be any definite solution reached in the October 23 meeting weighed on the euro and thereby on the metal prices as well.

Second thing US industrial production numbers came largely in line with expectation while the empire manufacturing numbers pointed a dismal picture about the activity. US equity markets tumbled and ended lower with losses of more than two percent as concerns about the euro reemerged. Taking cues most of the Asian equity markets are trading lower with cuts of anywhere between one to three percent.

Apart for that Chinese GDP numbers came in lower than expected at 9.1 percent for the third quarter while the retail sales witnessed some improvement. Euro is trading with marginal down fall. Copper prices declined by 0.6 percent on LME and all most 1 percent on Indian Commodity because of Euro trading & LME Under pressure trading.

For Stop your loss & Commodity Tips  - Click Here & get commodity tips on mobile.

Today MCX Commodity Updates

Today is the worst day for commodity, all commodity product goes dwon except Crudeoil in Indian Commodity. Industrial Production Index rose by 0.2 percent to 94.2 in Sept, 2011 from downwardly revised 94.0 in the prior month. COMEX Copper Dec futures failed to get much support from this data.

Gold MCX Trend

COMEX Gold Dec futures pared their prior day gains and fell by 0.38 percent to $1,676.6 per troy ounce from $1,683.0 per troy ounce from the prior day getting pressurized from a stronger greenback. In the evening session of the trade we have U.S. Treasury International Capital Net Long Term Foreign Inflows data which is expected to support the dollar and hence would pressurize the Precious Metals Complex. Gold clearly seems down from the current trend.

Silver MCX Trend

COMEX Silver Dec futures fell sharply compared to Gold and they closed down by 1.09 percent to $31.821 per troy ounce from $32.173 per troy ounce from the prior day. Silver fall all most 0.92% in today's trading session. For today's session we expect prices likely to drift lower initially towards 51850.

Get all MCX live tips, Commodity tips, silver tips, gold tips, copper trend, free mcx tips, mcx tips on mobile by Click Here.

Live Data Commodity

MCX Market data

Date	Time	Currency	Economic Data	Forecast	Previous
TUE 18TH OCT	4:30am	USD	FOMC Member Evans Speaks
	6:00pm	USD	PPI m/m	0.2%	0.0%
	6:00pm	USD	Core PPI m/m	0.1%	0.1%
	6:30pm	USD	TIC Long-Term Purchases	27.8B	9.5B
	7:30pm	USD	NAHB Housing Market Index	15	14
	10:45pm	USD	Fed Chairman Bernanke Speaks

For all MCX Commodity Tips, gold mcx tips, mcx silver tips, copper trend, commodity tips on mobile, mcx copper tips - Click Here

Copper Trend, MCX Commodity updates

COMEX Copper and NYMEX Crude oil current month futures surged by 3.07 percent and 3.05 percent respectively on Friday while more than forecasted rise in the U.S. Asian markets up on easing Euro Zone debt concerns. Crude oil up on a weaker dollar and rising risk appetite. Aluminium Shanghai inventories up by 51 percent last week.

MCX Gold trend

COMEX Gold Dec futures ended the day in green paring their prior day gains and rose by 0.87 percent to $1,683 per troy ounce from $1,668.5 per troy ounce the prior day. On Indian Commodity in MCX, Gold December contract increased sharply by 2.6 percent last week and hit a high of Rs27, 008/10 gms. At current gold is trading in under pressure.

Silver MCX Trend

COMEX Silver Dec futures also rose along with Gold and surged by 1.6 percent to $32.173 per troy ounce from $31.667 per troy ounce when they had decline sharply by 3.42 percent. Holdings in the iShares Silver Trust, the world's largest silverbacked exchange-traded fund, declined around 0.5 percent to 9,954.27 tonnes by 14 th October. The Silver increased by 0.4 percent for the period 4th– 11th Oct, 2011 and prices increased by 7.24 percent during the same period.

Copper Trend

COMEX Copper Dec futures surged by 3.07 percent paring their prior day gains to $3.4085 per pound from $3.3070 per pound the prior day. On a weekly basis, copper LME inventories declined sharply by almost 4 percent to reach the level of 450,200 tonnes on Friday. MCX Copper November contract increased 3.5 percent as and closed at Rs371.8/kg last week.

For all mcx commodity tips, gold mcx trend, mcx live tips, silver tips - Click Here. We provide you all mcx tips, live mcx tips, copper trend on your mobile.

Live Commodity News

Crude oil grow today it can touch 4260 in uo coming trading hours. Apart from crude Copper is showing good buying level, copper perform good & it can touch 272+ level in todays session. While in Gold MCX gold prices rose in Mumbai and Delhi market, but it was down in Chennai and Jaipur market. In Jaipur market Standard gold (99.5 purity) was down Rs 10 at Rs 26,930 and pure gold (99.9 purity) was down by Rs 10 at Rs 27,040.

Fill form for all Our MCX Commodity & NCDEX Tips

Today MCX Commodity Live Updates

Silver MCX Trend

MCX Silver maintain it bullish trend today, prices have been consolidating in the range of 54500-52500 regions for the last few days. While above 54500, ie the 14 day moving average support, we maintain our bullish expectations towards 54500 initially, but further bullish run is faovured only a closed above the same with adequate volume. MCX silver came under pressure due to appreciation in the Indian Rupee and touched an intra-day low of Rs 52,505/kg till 4.45 pm IST.

MCX Copper Trend

Copper expected in bullish trend today, Copper the leader of the base metals, rose almost 2.6 percent on the LME and around 1.8 percent on the MCX to become the top performer of the day. Some support to the Base Metals especially Copper come in the early session of the trade yesterday after data from the China showed imports of Copper rose to a 16 month high in Sept, 2011 and prices scaled back by 2.55 percent to $3.3070 per pound from $3.3935 per pound the prior day.

Gold MCX Trend

MCX gold clearly seems that it can touch 26900+ level today. Economic data, took some shine of the Precious Metals. COMEX Gold Dec futures fell by 0.84 percent to $1,668.5 per troy ounce yesterday from $1,682.6 per troy ounce the prior day. Investment demand at SPDR Gold ETF also saw redemptionyesterday when holdings declined by 0.48 tonnes.

We provide all MCX Commodity Tips, Click Here & get all mcx tips, mcx live tips, gold mcx trend, silver tips, copper tips, mcx tips today.

MCX Commodity Data

MCX Market Data

Date	Time	Currency	Economic Data	Forecast	Previous
FRI 14TH OCT	Day 1	USD	G20 Meetings
	6:00pm	USD	Core Retail Sales m/m	0.2%	0.1%
	6:00pm	USD	Retail Sales m/m	0.5%	0.0%
	6:00pm	USD	Import Prices m/m	-0.3%	-0.4%
	7:25pm	USD	Prelim UoM Consumer Sentiment	60.2	59.4
	7:25pm	USD	Prelim UoM Inflation Expectations		3.3%
	7:30pm	USD	Business Inventories m/m	0.4%	0.4%
	Tentative	USD	Federal Budget Balance	-65.0B	-134.2B

Fill Form for All MCX Commodity Tips.

MCX Live Commodity Updates

Gold MCX Trend

MCX, Gold December contract declined around 0.5 percent and touched an intra-day low of Rs 26,680/10 gms till 4.45pm IST. Today in the evening session of the trade we have U.S. Jobless Claims and the U.S. Trade deficit data and a weaker than expected data would support the Precious Metals complex and would give direction to them which have been relying on news since the start of this week.

MCX Silver Trend

MCX Silver gas dwon today along with Gold, Because of US data we have seen that both bullion metals doen today. For the intraday mcx silver trading we maintain bearish expectations. Buy If it cross 54100 then it may go for bullish trend. Federal Committee opting for another round of asset purchase to bolster the economy also supported the Metal which also shares and investment demand along with safe haven demand.

Crude Updates

NYMEX Crude oil Nov futures fell yesterday on reduced global oil forecasts by International Energy Agency and futures closed down by 0.28 percent to $85.57 per barrel from $85.81 per barrel the prior day. The American Petroleum Institute reported today early morning that inventories of crude oil declined 3.8 million barrels the week ended Oct. 7. Supplies of gasoline declined 1.2 million barrels in the week, while stockpiles of distillates declined 3.1 million barrrels.

Get All MCX Commodity Tips, MCX Live Tips, Silver Tips, Free MCX Tips - Click Here

Or Fill The From

MCX Market Data

MCX Data

Date	Time	Currency	Economic Data	Forecast	Previous
THU 13TH OCT	6:00pm	USD	Trade Balance	-46.0B	-44.8B
	6:00pm	USD	Unemployment Claims	406K	401K
	8:00pm	USD	Natural Gas Storage	103B	97B
	8:30pm	USD	Crude Oil Inventories	0.4M	-4.7M
	11:30pm	USD	Federal Budget Balance	-65.0B	-134.2B

For MCX Commodity Tips, Silver Tips, Gold mcx trend - Click Here.

Live MCX Commodity Trend

Gold MCX Trend

Intrdaday Trend is bullish MCX Gold. On the MCX, Gold December contract rose around 0.4 percent on account of Rupee depreciation and touched an intra-day high of Rs 26,853/10 gms till 4.45pm IST. Gold may witness bullish trend and prices are expected to cross Rs 29,000 per 10 gram by Diwali, according to the Bombay Bullion Association. Today still is there is no major economic data scheduled to release that can affect the price of the Precious Metals Complex.

Silver MCX Trend

Investment demand for the white metal too remained unchanged at the iShares Silver trust yesterday while Gold/Silver ratio fell to 51.89 yesterday from 52.16 the prior day showing investment strength in the white metal against the yellow one. On the MCX, silver declined around 0.2 percent and touched an intra-day low of Rs 52,716/kg till 4.45 pm IST today.

Crude Oil Updates

NYMEX Crude oil Nov futures rose by 0.5 percent to $86.01 per barrel from $85.59 per barrel the prior day. Prices got pressurized today on stronger greenback and also on reduced global oil growth forecast by the OPEC. A direct rise above 4300 would be a string signal of continuation of the rally and target 4400/4700 later. It would be required to break below 4130 to negate the view.

Click Here For All Live MCX Tips, MCX Commodity tips, free mcx tips, gold mcx trend, silver tips, crude oil tips, copper trend. All commodity tips you can get from this blog.

Commodity updates

GOLD RETREATS AS MARKETS AWAIT SLOVAK VOTE.
CRUDE OIL DROPS FROM TWO-WEEK HIGH IN NEW YORK BEFORE VOTE ON EUROPE DEBT.
COPPER SLIPS ON EURO ZONE CRISIS CONCERNS.
DOMESTIC OIL AND OILSEED STEADY.

Click Here to get all MCX Commodity Tips

Live MCX Updates

Recently Gold prices are following commodity prices and whenever we see any positive news from the Euro Zone indicating that the leaders are taking action to stem the crisis we see Gold and Silver end in green. Silver is consolidate today, it will not go for huge moment. While gold is bullish for intraday session if we talk about long term position then gold looking bearish.

In base metal Copper & Lead both metals looking bearish for intraday trading, We suggest that here selling is better option. For long term invetment both metals are not good.

Click Here for all MCX Commodity Tips, we provide you all mcx tips, free mcx tips, silver tips, live mcx tips, mcx gold trend. 

Copper MCX Tips

Copper can trade for the level of 364.50, we recommend that copper buy at 363.10 & with for the target of 365.20 & for the next target 368.00. Crudeis good for fresh buying at this level.

Fill form for all MCX Tips

Live MCX Commodity Updates

Copper Trend

Copper was the top performer on Thursday, LME Copper rebounded from the 14 month low of $6635 to end the session 5% higher at $7369 a ton. All the other industrial metals, barring Lead rose tracking firmness in copper prices. Lead prices however ended on a weaker note shedding $45 to end the session 2.27% lower at $1940 a ton. We expect copper will trade from the range of 360 to 372 in today trading session.

Gold MCX Trend

with all base metals bullion also trade well today gold & silver both are trading in positive trend.

Physical buying support gold trading in indian context. The yellow metal touched a high of $1678/oz and closed its trading session at $1638/oz last week. MCX Gold December contract rose around 0.9 percent and touched a high of Rs26, 840/10 gms in the last week. In Gold MCX trend we expect that it will trade for the level of 26600.

Silver MCX Trend 

Silver perform better form last some session, mcx silver trend is bullish today it can be buy from higher level. The white metal touched a high of $32.75/oz and closed at $31.10/oz on Friday. On a weekly basis, MCX Silver December contract rose around 1.6 percent and touched a high of Rs54,241/kg.

We provide you all mcx commodity tips, silver tips, free mcx tips, gold tips, copper trend, free mcx tips on mobile, live mcx tips. Click Here & get all commodity tips, 

Or Just Fill the form & get tips

Gold MCX Trend, Silver MCX trend

Weekly

Gold Trend

COMEX Gold is in a technically weak on charts for short term. Last week COMEX Gold was trading in a range from 1600$ to 1660$. In the coming week 1530$ will act as a major support in COMEX Gold and 1840$ will act as a major resistance.

MCX Silver Trend

COMEX Silver is in a slightly downward in trend. Last week COMEX Silver was trading in a range for

the whole week. For the upcoming week 2600 $ and 2400$ are the crucial supports and 3800$ and 4100$ are crucial resistance in COMEX Silver. In MCX Silver, 62000 and 65000 will act as major resistance and 45000 and 42000 will act as major supports.

Click Here to get all mcx commodity tips, free mcx tips, mcx tips, live mcx tips, silver tips, mcx silver tips, gold mcx trend, silver tips.

MCX Commodity Tips

Crude Oil Updates

NYMEX Crude Nov futures continued with their sharp upwards movement yesterday and rose by 3.65 percent to $82.59 per barrel yesterday from $79.68 per barrel the prior trading day when they had surged 5.3 percent. The US Energy Department (EIA) report on Wednesday showed that crude oil inventories decreased by 4.7 million barrels. Gasoline stocks also dropped by 1.14 million barrels and distillate inventories declined by 744,000 million barrels.

Copper Tips

COMEX Copper Dec futures surged sharply by 4.52 percent to $3.2465 per pound from $3.1060 per pound the prior trading dayCopper was the top performer on Thursday, as the red metal rallied around 4.5 percent on the LME and almost 4 percent on the MCX as ECB’s step to support banks reduced threat of the Euro Zone debt crisis spreading further.

Gold & Silver Updates

Spot Gold prices gained around 0.6 percent on Thursday mainly on account of dollar weakness. However, rise in risk appetite in the financial markets resisted further gains in gold. Gold trade good in last trading day. While Silver mcx surged allmost 5% on last trading day. Gold/Silver ratio fell sharply to 51.57 from 53.95 the prior day which showed more strength in the Silver complex than Gold.

Gols & Silver Both bullion can trade on higher level today.

For All MCX Commodity tips, Gold Tips, Silver mcx trend, gold mcx tips, copper tips, crudeoil tips, bullion tips, base metal trend - Click Here. We provide you all mcx tips, free mcx tips.

Fill Form for Instant Commodity tips

MCX Commodity Live Updates

Today MCX Silver & Gold MCX both are trading with bounce back, MCX Silver seems that it can trade for the level of 52250 again for the same day. Gold trade also well as compaire to previous trading.

Click & get all MCX Commodity tips

MCX Commodity Updates

MCX Silver Updates

Silver fall on yesterday trading and presently Silver show down side trend. The Gold/Silver ratio edged up to 54.6 from 54.25 signaling weakness in the investment demand for the white metal. y. The white metal touched an intra-day low of $28.61/oz and ended its session at $30.11/oz. MCX Silver December contract dropped 3.5 percent and touched an intra-day low of Rs49,809/kg yesterday.

MCX Gold Trend

Afetr yesterday fall Gold is expected to trade higher today mainly on the back of rise in risk aversion in the global financial markets which will boost safehaven demand. We expect that gold today go for 26000 level.

Copper trend

The International Copper Study Group has forecasted that the Copper demand will be exceeding the production by 250,000 tons in the year 2012. Weak sentiments prevails while below 348. For the day we favour an initial pullback towards 348 followed by a consolidation and drift lower primarily till 442/338 but later towards 331 levels. A direct rise above 349, with volume, may dent our bearish expectations. Copper prices declined more than 1percent on the LME on Tuesday, as the Euro Zone debt crisis and the possibility of global recession increased concerns about the metal demand.

Click Here for all MCX Commodity Tips, We provide you mcx silver tips, mcx commodity tips, gold tips, Copper trend with live mcx news.

Live MCX Data

Live MCX Data

Date	Time	Currency	Economic Data	Forecast	Previous
WED 5TH OCT	5:00pm	USD	Challenger Job Cuts y/y		47.0%
	5:45pm	USD	ADP Non-Farm Employment Change	76K	91K
	7:30pm	USD	ISM Non-Manufacturing PMI	53.1	53.3
	8:00pm	USD	Crude Oil Inventories		1.9M

Click Here for All MCX Commodity Tips, MCX tips, Live Silver Tips, gold MCX Trend

MCX Commodity Live News

Bullion Live

As per our estimation bullion trading right now, MCX Silver trade at the level of 51050, while gold mcx also trade at 26330 which we all ready mention in our previous post. Both metals may go for more down side.

Crude oil Live Updates

While in energy Crudeoil may trade for the level of 3763.50 in next trading hours, crude oil shows high down fall since last some trading sessions.

For all MCX tips Just fill the form.

Live MCX Silver, Gold Crude oil updates

MCX Gold Tips

Today MCX gold trade in negative sign it may go for the level of 26350. MCX Gold December contract gained by 2 percent on account of Rupee depreciation and was trading at Rs 26,500/10 gms till 4.45 pm IST today. Some positive signs also came from the investment side of the yellow metal as holdings in SPDR Gold ETF increased by 0.30 tonnes yesterday, the last increase seen on 20th Sept, 2011.

Silver MCX Tips

MCX Silver also trade in down side, & may trade for the level of 51000, Investment demand for the white metals remained unchanged yesterday at iShares Silver trust while Gold/Silver ratio was at 53.8 yesterday from 54.25 the prior trading day signaling the more strength in white metal compared to the yellow one.

Crude Oil Updates

Crude oil on continue trade in down side form last some trading session we expect more decline in crude. Goldman Sachs analysts also lowered their forecasts for 2011 and 2012 oil prices. Crude prices will end this year at $112.50 a barrel, compared with a previous estimate of $119.50. It will be $122.50 a barrel at the end of 2012, compared with an earlier forecast of $138.50, according to the report.

For All MCX Commodity Tips - Click Here , We provide you all crude oil tips, live mcx tips, free mcx tips, mcx , mcx tips, copper updates, live gold tips, silver tips. OR Fill Our Form

MCX Market Data, Commodity Tips

MCX Commodity Data for Today

Date	Time	Currency	Economic Data	Forecast	Previous
TUE 4TH OCT	6:30pm	USD	FOMC Member Raskin Speaks
	7:30pm	USD	Fed Chairman Bernanke Testifies
	7:30pm	USD	Factory Orders m/m	0.2%	2.4%

Date
For All MCX Tips, Commodity tips - Click Here

Live MCX Commodity Tips

Gold MCX Trend

After a long downside movemnt, Gold today trades in positive mode. Gold trade currently on 26450 levels up by 1.61%. We expect Gold will trade in positive mode & it can be trade for the level of 26500+. As per the latest update from the Commodities Futures Trading Committee speculators cut their net long positions in Gold and Silver futures on COMEX by 15.1 percent and 31.56 percent respectively and started liquidating their holdings amid the global sell off during the period.

Silver MCX Trend

Silver trade with positive mode along with gold, investment demand also weakened at iShares Silver trust which fell by 51.47 tonnes on Friday while the Gold/Silver ratio edged rose to 54.16 from 53.2 the prior day. s. The white metal touched a tenmonth low of $26.02/oz but recovered from its low to close at 29.89/oz last week. On a weekly basis, MCX Silver December contract declined around 2.3 percent and closed at Rs51,143/kg on Friday.

Crude Oil Updates

prices have fallen below the level of $80/bbl and witnessed the biggest quarterly drop since 2008. On the MCX, crude oil prices gained by 0.6 percent and closed at Rs.3995/bbl after touching a high of Rs.4129/bbl last week. NYMEX Crude oil Nov futures fell sharply by 3.58 percent to $79.20 per barrel on Friday from $82.14 per barrel the prior day. Uncertainty surrounded by the Euro Zone debt crisis coupled with stronger dollar pressurized the crude oil prices on Friday.

For all our MCX Commodity Tips, Live MCX Tips, Gold mcx trend, Silver MCX Tips, Crudeoil tips, Copper tips, naturak gas tips we provide - Click & Get all tips.