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Commodity Tips And Updates... 16-May-2012

Commodity Markets: Gold - Silver -Crude-Copper -Nickle

Commodity updates: 16-May-2012

After a sharp fall in the international market in the domestic market, gold - silver is also seeing weakness in crude oil. 1.5 per cent in gold and silver on Comeks declined by 2.2 per cent. Naimeks about 1.5 per cent of the crude oil slipped below 93 dollars a barrel has come.

0.5 per cent lower on MCX gold is trading at Rs 27 940.While silver has been 1.25 per cent fall to Rs 52 300. On MCX, crude oil is trading at Rs 5040 slipped almost 1 percent. On MCX base metals declined by 0.5 per cent.

NCDEX to 2 per cent cotton and barley has declined by 1 per cent. The NCDEX Turmeric 2 per cent at Rs 3730 with strength is reached. In addition to pepper up to 1 per cent is trading at Rs 37 350.

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