Tuesday 15 May 2012

Indian Commodity News and Updates, MCX Live rate today

Indian Commodity gold futures are expected to expand losses from their lowest level in six weeks on prospect of physically powerful strong rupee, although bodily buying could bound the weakness.

The rupee bounced from its near record low against the dollar on Tuesday. The local currency plays an important role in determining the landed of the dollar quoted fair metal.

Now we talk to Agri market so Cardamom futures are expected to trade higher supported by fall in crop yield for session 2012 to 2013. New session produce estimates by planters body is 9,000 tons only as compared to last year, whereas cardamom consumptions in India is estimated at 11 to 12 tons per annum.


      MCX Live Update Today
MCX Commodity Index
Pre. Close
% Change
MCX Gold
28070

-174
MCX Silver
53202
-433
MCX Copper
423.3
-1.75
MCX Crude Oil
5084

-27
MCX Zinc   
   103.45
-0.05
MCX Lead
109.2

-0.35
MCX Nickel
918.2

1.2
MCX Aluminum
107.6
-0.55


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