Thursday 12 February 2015

MCX Silver drops 0.6%,Natural Gas extends gains

Free Commodity Tips
 
The MCX Silver March is trading into the negative zone following the NYMEX Silver futures.

The Silver price in India opened today with a loss of Rs 147 (0.4 per cent) at Rs 37,250. Soon, the precious metal has extended its losses and has tumbled around Rs 350 (0.9 per cent) to touch a low at Rs 37,050.

Now, the Indian Silver has dropped 0.6 per cent (Rs 222) to Rs 37,175.

The MCX Natural Gas has extended its gains for the fourth straight day on the back of rise in International Natural Gas prices.

Currently, the MCX Natural has gained 0.7 per cent at Rs 176. The counter has seen trades of around 3,661 contracts on the MCX.

The MCX Crude Oil February future started the day marginally in green at Rs 3,078 from previous close of Rs 3,075 on the back of positive International prices.

Thereafter, the Crude Oil has extended its gains and touched a high of Rs 3,103.

No comments:

Post a Comment