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Friday, May 27, 2011

MCX Commodities Outlook | MCX Precious Metals Report

MCX COMEX Outlook
MCX Comdex was up by 2.85% to 3,483.29 points, MCX Energy was up by 2.63% to 3,217.73 points and MCX Metal was up by 3.51% to 4,544.57 points.
MCX Silver Gold Outlook MCX Gold and Silver Technical Views>> Click Here
On Thursday, heavy ups - and downs today after strong gains in silver. MCX silver at 1.5 percent growth is retained. Gold is also traded on the edge. While the Base Metals business today is better visible. Lead and nickel is trading at the highest edge.
All bullion contracts showed up trend. Gold June 11 contract was up by 2.25% to Rs 22,377 per 10 grams, GoldM June 11 contract was up by 2.24% to Rs 22,384 per 10 grams and Gold guinea June 11 contract was up by 1.70% to Rs 18,040 per 8 grams and Gold Petal July 11 contract was up by 1.77% to Rs 2,302 per gram. Silver July 11 contract was up by 6.45% to Rs 56,554 per kg, SilverM June 11 contract was up by 6.44% to Rs 56,570 per kg, SilverMIC June 11 contract was up by 6.41% to Rs 56,584 per kg and Platinum June 11 contract was up by 1.20% to Rs 2,540 per gram.
MCX Basemetals Outlook
All metals contracts showed mixed trend. Lead May 11 contract was up by 3.02% to Rs 114.15 per kg, lead mini June 11 contract was up by 3.06% to Rs 114.50 per kg, copper June 11 contract was up by 1.93% to Rs 412.95 per kg, zinc May 11 contract was up by 5.56% to Rs 101.65 per kg, zinc mini May 11 contract was up 5.56% to Rs 101.65 per kg, aluminium May 11 contract was up by 3.34% to Rs 115.95 per kg, alumini May 11 contract was up 3.39% to Rs 116.00 per kg, ironore May 11 contract was up by 0.97% to Rs 7,061 per DMT while nickel July 11 contract was down by 2.78% to Rs 1,057.40 per kg.
MCX Energy Outlook
All energy contracts showed up trend. Natural gas June 11 contract was up by 4.32% to Rs 198.20 per MMBTU and crude oil July 11 contract was up 1.65% to Rs 4,613 per barrel.
 
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