Sunday 22 February 2015

Commodity Market News-23 Feb 2015

Free Commodity Tips

MCX SILVER March contract was trading at Rs 36325 up Rs 11, or 0.03 percent. The SILVER rate touched an intraday high of Rs 36329 and an intraday low of Rs 36208. So far 1038 contracts have been traded. SILVER prices have moved down Rs 9652, or 20.99 percent in the March series so far.

MCX GOLD April contract was trading at Rs 26219 down Rs 58, or 0.22 percent. The GOLD rate touched an intraday high of Rs 26228 and an intraday low of Rs 26176. So far 759 contracts have been traded. GOLD prices have moved down Rs 3021, or 10.33 percent in the April series so far.

Crude Oil futures fell by Rs 96 to Rs 3,217 per barrel today as speculators reduced positions amid a weakening trend in Asian trade ahead of US stockpile report.

Nickel prices rose
0.42% to Rs 876.60 per kg in futures trading today as participants enlarged speculative positions.

Copper prices rose by 0.36% to Rs 358.10 per kg in futures trade today amid a firming trend in global market and rising spot demand.

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