Wednesday, 26 August 2015

Daily Updates about Metals and Energy in Commodity Market

Indian market also moved in line with comex and MCX Oct contract gold made an intraday low of Rs. 26662 per 10 gram and ended the day at Rs. 26740 per 10 gram, posting a fall of 2.58%.

MCX silver futures also declined moving in line with comex silver and further, appreciation in INR also added bearish sentiment to the Indian market.

In India due to Rupee appreciation, the gains got negated and the MCX September month crude went down by 1.20% 

However in India just like crude oil price NG prices also slumped due to Rupee appreciation
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