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Tuesday, January 3, 2012

MCX Crude Oil Updates and Gold Silver Trend Today

Following the international market trend, Crude Oil has recovered strongly on MCX. With more than 1.4% rise MCX crude is trading above 5400 level. NYMAX crude is also up nearly 2%. Precious metals are also in bullish trend.With nearly 1% rise, MCX Gold is trading near 27640 while silver mcx has already gained around 2% to trade above 52400. A consistent trade above 52450 with volume may extend this bullish trend till 53000-53500 in near term.
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