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Saturday, May 21, 2011

MCX Commodities Highlights Today | MCX Weekly Analysis

Increased concern over the economic situation of European countries, prices of gold and silver came in the fast Ratings agency Fitch lowered the rating of Greece.
Gold reached higher level week on Friday. On COMEX the gold closed AT$ 1509. Silver was also 0.5 per cent faster. Silver closed at $ 35.
On Friday, crude oil prices had been strong. However, the dollar showed the pressure on crude oil . MCX Silver will Reach again 60000 Read More
NYMEX 0.3 percent climb over $ 99 a barrel crud,.
China gold demand and investment to India has left behind. This year in China from January to March between the gold bars and coins is increasingly in demand. China during the 93 tons of gold bars and coins have shopped more. Which has doubled since last year.
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