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Friday, December 23, 2011

MCX commodity Updates and commodities Trend Today

MCX Copper ended green on domestic commodity market and touched 400 mark. Today, copper may extend this positive trend steadily to run towards 403-404.50 level.
Nickel on The other hand gave up all the gains of the day and declined over 1% by the end of the day. Still Nickel is a strong recommendation for buying and we can expect prices to cover up losses today.
Gold and Silver traded lower on MCX. The precious metals are likely to prevail this trend. Crude oil again boosted up.
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