MCX Gold and Silver price continued decline, after Yesterday’s sharp drop in gold but today has normally recovery. While in the domestic market now gold price 25,000 and The international market price below $1,100.
Meanwhile India Bullion and Jewellers Association said that gold Jewelry buyers are going to come good levels. With MCX Silver trading above Rs 34,000 gain 0.5%.
Meanwhile, The MCX Crude oil price decline in domestic market. MCX crude oil price has come down to Rs 3200 and the International market is also under pressure. NYMCX crude oil price still down $ 50. Brent’s levels of $ 56 . In fact the US stocks decline 2.5 million barrels of Crude, seems the pressure on Crude.
MCX Base metals showing slight gain, Copper gain 0.4 per cent trading at Rs 345.6. Aluminum and Nickel is trade flat, but Lead 0.25 per cent and Zinc 0.3% is trading up.
