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Thursday, December 29, 2011

Commodity Gold Silver Trend and Base Metals Updates For Today

Sharp decline has been seen in gold and Silver commodities.Spot and futures market price of gold has fallen below 27000 level. The silver price has slipped below Rs 50,000. Strengthening of the dollar in the international market has pushed the prices of gold and silver down to lower levels of 3 months.

In base metals copper has declined by 0.5 per cent and is trading around Rs 397.50. Nickel and lead on MCX is trading with the lethargy. On the MCX, crude oil has dominated the lethargy and has built over 5300.

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