Copper Update 22 June 12, MCX Gold Tips, Silver Update, Commodity Live Trend. MCX Market Trading Strategy, Silver Sure Shot Call Today
MCX Commodity Market has suffered more decline position last two days. Commodity markets have been dominated by recession fears. Gold on MCX was touched the record level and crossed 30400 Level on Thursday.Spot gold prices declined around 2.5 percent yesterday on the back of rise in risk aversion in the global markets.
The International market Gold and Silver has Introduced Slight decline in previous. Gold on Comex has drooped near to 0.14 percent at 1565.
The domestic market MCX Gold is trading below 0.2 percent at Rs 29,790, while MCX silver is slipped near to half percent at Rs 52682 in currently.
Copper Updates: - Copper continues closed to a bottom. This is particularly so as the market has seen very heavy short selling over this weeks.
From the intra-day perspective, we expect base metals to trade on a negative note on account of rise in risk aversion in the global market.
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