Monday, February 13, 2012

MCX Commodity Updates, Bullion News

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Weakness in the US dollar coupled with upbeat sentiments in the global markets due to easing worries with respect to Euro Zone debt concerns led base metals complex to trade higher on the LME today. However, appreciation in the Indian currency led metals to trade lower on the domestic bourses today.

A clear down side trend can see in MCX Bullion & other commodity today. All bullion market fall today due to selling pressure. Silver al most down by 0.20% & get more down if it will break the support level of 56450. While Gold can see the level of 28070 in todays trading session. No fresh buying seems for today.

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at 2/13/2012 06:11:00 PM

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