Friday 9 August 2013

Thursday mcx commodity outlook, gold silver was up, crude oil price update

A damn good performance has been played by the mcx commodities yesterday. At the closing time the precious metals ended in a green shade. The yellow metal closed at 27880 with an intraday high 27960.00 and the white metals closed at 42184 with an intraday high of 42408.00 for the future. 

If we talk about the energies then all the three crude oil, mentha oil and natural gas closed in a downward direction. For august the crude price slumps by 176 points at 6233.00. The base metals followed the same path as of the precious metals as they used to ended in a positive side. The outstanding changes occured in cotton as it tried to maintain its greenish mode from last few days. So overall it was a quite good traded day. 

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2 comments:

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  2. Gold prices rallied after the Fed decided on Wednesday to hold interest rates and projected a less aggressive rise in interest rates next year and in 2018.
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