Thursday 12 February 2015

Commodity Market News-12 Feb 2015

Free Commodity Tips

Gold demand fell in 2014 in countries like India and China, two of the largest importers worldwide. However, India regained the top slot from its neighbour in terms of demand for the yellow metal, India’s gold imports, too, despite a sharp rebound in second half of 2014, remained lower than previous year, data from the World Gold Council showed.

MCX SILVER May
contract was trading at Rs 37385 down Rs 280, or 0.74 percent. The SILVER rate touched an intraday high of Rs 37500 and an intraday low of Rs 37362.

Crude Oil futures prices rose notably by 0.70% to Rs 3,178 per barrel today as speculators engaged in enlarging positions, tracking a firming trend in Asia.

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