Commodity Live - Gold and Base Melat Upadtes

Gold Commodity Live

In MCX India Gold Prices again on dip, Silver also trade in lower side. From the level of 29835 gold may show some buying sentiments. The markets recovered significantly from the lows of the day to close with moderate gains. Capital goods, realty, oil & gas and banking were the best performers in today's session while consumer durables, FMCG and metal lost significantly. The Sensex closed at 15988, up 23 points from its previous close, and the Nifty shut shop at 4848, up 6 points. The CNX Midcap index was down 0.2% while the BSE Smallcap index also lost 0.2% in today's trade. 

Base metal continuing falling due to international commodity fluctuations. The base metals pack traded lower in the Indian markets on the back of appreciation in the Indian Rupee. The LME markets are closed today and tomorrow on account of Spring & Diamond Jubilee holiday. On the MCX, June Copper contract prices declined around 0.8 percent today and hovered around Rs.404/kg till 4:30pm IST today, after slipping below the Rs.400/kg mark in early trading session. 

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