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Commodity Tips And Updates 12-July-2012

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

Commodity updates: 12-July-2012

Today gold sluggish domestic market, while silver has started to decline. The slowness with gold on MCX is trading at 29 299, while silver is 0.20 per cent at Rs 52 632 break.Gold and silver traded in the international market is weak.MCX crude oil is trading flat, the price at Rs 4773. Crude oil fell nearly 0.5 percent on Naimaks and prices are at $ 85 a barrel. While natural gas is trading with a gain of 1.5 percent.Base metals is also now beginning to slow. Copper, lead and zinc has declined, while business is slow in aluminum and nickel.
On NCDEX Turmeric July, August, September and October futures are trading with a gain of 2 per cent. The Soyabni July, August and October futures lost 1.5 per cent.

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