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Tuesday, May 17, 2011

MCX Gold and Silver News | Don't Stop Earning From Bullion.......

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The impact of weakness in the stock market is looking at the price of crude oil. Currently 0.5 per cent with the decline of crude oil remains below $ 97.

NYMEX $ 97 a barrel on Monday, crude oil closed at the level. Weakness in U.S. markets and fears of rising crude oil stocks slipped.

The prices of gold and silver look is coming. Currently, 1,490 gold dollars and silver are trading below $ 34. Silver Will Sharp Decline till 45000 Read More

Because of the strengthening dollar on Monday to come up pressure on gold and silver show. COMEX the gold dollar level to close at 1493. Meanwhile, silver slipped 1 per cent on the dollar reached 34.5.

Oil prices dropped Monday, a good sign for drivers who are finally seeing a little relief at the gas pump.

Benchmark oil for June delivery fell USD 2.28 to settle at USD 97.37 a barrel on the New York Stock Exchange. In London, Brent crude for June delivery lost USD 2.44 to settle at USD 110.84 on the ICE Futures exchange.

In other Nymex trading in June contracts, heating oil fell 6.78 cents to settle at USD 2.8744 per gallon, gasoline futures dropped 14.33 cents to USD 2.9311 a gallon and natural gas rose 6.8 cents to settle at USD 4.379 per 1,000 cubic feet.
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