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Wednesday, April 13, 2011

MCX Crude Oil market decline | MCX Silver trading strategy when it is reduced


Silver is reduced early rapidly. Currently silver on MCX is trading around Rs 59 500. However, silver in the spot market is above Rs 61,000. While trading is slow in gold.
Nickel has come up at the hot commodity. Nickel has seen sharp decline. 

Crude oil is quickly stalled. Just two days trading on MCX crude oil declined by nearly 8 per cent. NYMEX effect of the crash has had on domestic business. In fact, International Energy Agency and the International Fund Maonitre feared that if crude stays above $ 100 of the world economy may slow the pace of growth. Such a reduction in crude oil demand is estimated to be expressed. Resulting fall in crude prices have seen.
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