Wednesday, January 25, 2012

Commodity Trend For Intraday Trading: 25th Jan '12

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MCX Bullion Updates-
Gold and silver business is sluggish. Antrrrashtryy weakness in market trends. The weakness of 0.5 per cent on MCX gold is trading at about Rs 27 230. Silver on MCX has also declined by 0.5 percent and is close to Rs 55,000.

MCX Copper Updates-
Copper has taken the early lead. Copper on the London Metal Exchange is traded on the slide. Markets are closed all of Asia including China. Rupee against the dollar is becoming stronger. Copper may appear at such pressure. With 0.5 per cent currently on MCX Copper is trading at Rs 420.30.

MCX Crude Updates-
The initial downturn in crude oil is intact. On MCX, crude oil is trading at Rs 4983. NYMEX on the crude oil business is grossly under $ 100.

NCDEX Trend-
NCDEX Pepper futures down nearly 1 per cent in its intraday trading. The declining trend followed by the spot market. During the current financial year here is an increase in exports of pepper. Closing of Vietnam market is another fector in the global markets trend at the moment is the black pepper. Potato Has recovered strongly, in NCDEX it has exceeded the price of Rs 700.

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