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Monday, January 2, 2012

MCX Commodity Updates for Today

Crude Oil is trading slightly lower on MCX and so is MCX Gold. Silver is trading with positive bias and its march contract is trading around 51150 level. A trade above 51250 will be required to persuade traders to start buying in MCX Silver. Copper trend is looking bullish. As long as prices prevail 406 level, we can expect prices to reach up to 408-409.50 for the day.
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