Gold settled lower after rising more than 1 percent in the previous session, but prices held near their highest in six weeks due to Indian festival session and may be the uncertainty surrounding the euro zone debt crisis and the prospect of a Greek exit from the euro. Spot Gold is currently trading at $1760. MCX Gold Dec is currently at Rs.27950, it is trading down. Comex Silver is currently trading at $34.50 whereas MCX Silver Dec is currently trading at Rs.56706, it is trading down.
Oil traded near a three-month high in New York as signs that Europe will reach an agreement with Greece on its debt reduced concern that faltering global economic growth will limit fuel demand. WTI Crude Oil is currently trading at $93.85 per barrel. MCX Crude Oil November is currently trading at Rs.4617, it is trading up by Rs.8 for the day.
