Monday 8 October 2012

Today's Update for Commodity.


Gold continued downfall on Monday extending its losses from the previous session, positive job dat weakened the sentiment for additional stimulus measure.
Gold importers in India, the world's biggest buyer of bullion, continued to place deals in view of upcoming festivals as prices stayed in the vicinity of their lowest levels in five weeks. for  December delivery on the Multi Commodity Exchange (MCX) was 0.04 percent  higher at INR31,067/10gms. After hitting the low of INR31,128/10gms.

 crude prices remained well near $89 on Monday, global concerns and Europe’s debt crisis is putting pressure on global oil prices with reducing demand for oil globally.
U.S. natural gas futures ended lower in the front-month November contract pressured by Thursday's bearish weekly inventory report and by forecasts for mild mid-month weather that should slow demand.

copper fell more than 1 percent on Monday, giving up last week's gains as the dollar firmed after a surprise drop in the U.S. jobless rate, while  traders eyed data from top consumer China later this week for clues on demand.Benchmark copper on the London Metal Exchange (LME) ended at $8,295 a ton, not far from a close of $8,305 on Thursday.

todays Update:

MCX GOLD

 31121.0
Change
-46.0
Open
31136.0
High
31169.0
Low
31102.0


INTERNATIONAL GOLD

 1,773.20
Change
-7.60
Open
1,782.00
High
1,782.50
Low
1,768.20


MCX SILVER

 61306.0
Change
-494.0
Open
61725.0
High
61725.0
Low
61270.0


INTERNATIONAL CRUDE

 111.38
Change
-0.64
Open
111.63
High
111.70
Low
111.38


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