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Thursday, June 9, 2011

MCX Commodity Newsletter Today 9 June 2011

Yesterday's News Highlights
Gold fell on Wednesday
ECB meeting expected to flag rate rise in July
LME copper prices fell 2 percent on Wednesday
dollar was up against a basket of currencies
Crude oil trading above 101$
MCX Comdex Index
MCX Metal index was down by 1.27% to 4,476.85 points
MCX Energy index was down by 0.27% to 3,159.22 points
agro-commodities was down by 0.74% to 3,433.93 points 
Bullion:  MCX Gold and Silver Technical Analysis Report Click Here
Gold August 11 contract was down by 0.41% to Rs 22,478 per 10 grams, GoldM July 11 contract was down by 0.42% to Rs 22,366 per 10 grams, Gold guinea July 11 contract was down by 0.35% to Rs 18,107 per 8 grams and Gold Petal June 11 contract was down by 0.27% to Rs 2,256 per gram.

Silver July 11 contract was down by 2.42% to Rs 53,311 per kg, SilverM June 11 contract was down by 2.39% to Rs 53,343 per kg and SilverMIC June 11 contract was down by 2.39% to Rs 53,358 per kg.
Metals:
copper June 11 contract was up by 0.14% to Rs 407.20 per kg while nickel June 11 contract was down by 0.76% to Rs 1019.00 per kg.

Energy:
Natural gas July 11 contract was down by 0.83% to Rs 216.30 per MMBTU and crude oil July 11 contract was down by 0.59% to Rs 4,529 per barrel.
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