Initial rapid rise in base metals has now been ceased. A decline has been in in all the metals traded on MCX. Copper with nearly 1.3% decline, trading around 407 level while MCX nickel has lost nearly 1.5 % to trade around 957 level. Other base metals like zinc and lead also have declined nearly 1%.
Commodity Gold and Silver declined sharply today. Silver with 1% decline and Gold with 0.60% decline trading around 56360 and 28930 respectively.
