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Tuesday, June 14, 2011

MCX Commodities Daily Newsletter for Today 14 June 2011

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Gold fell to its lowest in more than a week on Monday as the euro eased against the dollar, but concerns about the euro zone debt crisis sustained investor interest in the precious metal as a store of value. Copper fell to a three-week low on Monday, dragged down by signs of cooling in top consumer China and holidays across most of Europe. Commodity Market is Consolidate Please Apply Strategy Click here for trading strategy
  1. GOLD DECLINES AS INVESTORS COVER LOSSES IN COMMODITIES, EQUITIES.
  2. OIL FALLS MOST IN FOUR WEEKS ON SAUDI ARABIA’S PLAN TO INCREASE PRODUCTION.
  3. COPPER FALLS, CAPS BIGGEST WEEKLY LOSS IN A MONTH, AS CHINA IMPORTS DROP.
  4. DOMESTIC OIL SEED AND EDIBLE OIL TRADE MARGINALLY LOW. 
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