Wednesday, 18 June 2014

Mcx, Bullion and Commodity Market News For Today

Spot gold prices are trading on a weak note on account of profit booking which continues from yesterdays trading session. Since gold prices have gained more than 4 percent in past few sessions it was right opportunity for traders to lock in profits in an uncertain situation where violence in Iraq is escalating while geo-political tensions in Ukraine.

Spot silver prices on the international markets is trading on a flat note after trading volatile in the previous trading session as markets remain uncertain with host of events ranging from violence in Iraq to uncertain situation in Ukraine with regards to the gas payment issue.

The MCX, gold prices are trading negative by around 0.7 percent and currently trading at Rs.26337/10 gms.

The MCX, silver prices is trading negative and declined by 0.5 percent at Rs.41986 /kg 

No comments:

Post a Comment