MCX Commodities Market Key Points.
Copper rebounds to week-high.
LME copper stocks rise.
Japan still struggling to contain nuclear crisis.
Gold supported by inflation worries.
U.S. industrial output slips.
Oil rises over 3 pct on Middle East unrest.
Copper hit its highest in over a week on Thursday as buyers moved back into the metal after Japan's nuclear crisis drove it to three-month lows this week, with positive U.S. data giving an additional lift to prices. Gold rose on Thursday, sustained by an increase in exchange traded product (ETP) holdings, stronger physical demand and a weaker dollar. Oil prices rallied by more than 3 percent on Thursday as unrest in the Middle East and North Africa added more worries about supply disruptions.
MCX Bullion and Basemetals Call Free On MobileCopper rebounds to week-high.
LME copper stocks rise.
Japan still struggling to contain nuclear crisis.
Gold supported by inflation worries.
U.S. industrial output slips.
Oil rises over 3 pct on Middle East unrest.
Copper hit its highest in over a week on Thursday as buyers moved back into the metal after Japan's nuclear crisis drove it to three-month lows this week, with positive U.S. data giving an additional lift to prices. Gold rose on Thursday, sustained by an increase in exchange traded product (ETP) holdings, stronger physical demand and a weaker dollar. Oil prices rallied by more than 3 percent on Thursday as unrest in the Middle East and North Africa added more worries about supply disruptions.
