Crude oil has risen sharply. price has reached a level of Rs .5,400 on MCX. International market is also in bullish trend. NYMAX crude oil price has reached above $100 per Barrel .Reserves of crude in the United States is projected to decline.
Gold and silver are trading lower again. MCX Gold and Silver have declined in volume. Precious metals trend in International markets is also weak. MCX has remained firm in the base metals except zinc and lead are now looking sluggish.