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Saturday, September 3, 2011

MCX Bullion Commodity Technical Report for today 3 Sep 2011

Because of concern over U.S. economy continued to decline in crude oil. Crude oil with 2.5 percent of weakness is trading below 87 dollars a barrel. On Friday, crude oil also closed lower by 3 per cent.

The U.S. market has risen from a fall in gold Buying. With the rapid pace of 3 percent gold is trading at $ 1882. 1876 ​​dollars per ounce on Friday, gold closed at COMEX. MCX gold at 1.5 percent with strength came close to Rs 28,000.

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