Tuesday, mcx commodity market closed with highly down side. In the season of wedding both the precious metals gold and silver closed at 26895 and 44854 slipped by 256 and 430 points. As the demand of the cloths are increasing day by day the cotton also closed down by 40 points for future delivery.
In the month of April Crude fell below 7 percent. Yesterday US oil dropped by 43 cents at $ 93.04 a barrel. PMI on Wednesday fell to 50.6 in April from an 11 months high 50.9 March.
In the international commodity market only London sugar and natural gas rose. They were up by 0.43 percent and 0.44 percent.
Gainers : Maize, Caster seed, Soya Bean, Jeera, Chana, Pepper, Turmeric, Red Chilli, Barley, Kapas, Gur
Losers : Gold, Silver, Copper, Cotton, Nickel, Aluminum, Zinc, Lead, Natural gas, Crude oil, Menthe oil.
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