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Thursday, June 30, 2011

MCX Commodities Daily Newsletter for Today 30 June 2011

Technical Report For Gold and Silver and Also  How To Trade In MANSOON Commodity 

GOLD ADVANCES FOR A SECOND DAY ON GREECE’S DEBT CRISIS, WEAKENING DOLLAR.
OIL GAINS A SECOND DAY ON FORECAST DROPS IN U.S. STOCKPILES, GREECE VOTE.
COPPER ADVANCE ON OPTIMISM GREECE SET TO AVOID SOVEREIGN DEFAULT.
DOMESTIC SPICES COMPLEX EDGE UP ON SHORT COVERING.

Oil rose more than $2 per barrel on Wednesday as government data showed big draws in U.S. crude and gasoline stocks and after the Greek parliament voted in favour of an austerity plan.Gold rose for a second day on Wednesday as confidence grew that Greece would avoid a sovereign debt default by approving steep budget cuts.
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