In the August futures on NCDEX Barley is 4 per
cent upper circuit. Cotton futures for April is 4 per cent upper circuit. There
is a strong 3.5 percent in June of soybean futures. With 2 per cent of the
NCDEX wheat is trading at Rs 1,130.
Sharp decline in gold. Close to Rs 28,000 on MCX
gold price has come down. Although this level is strong support. International
market to fall 5 per cent on MCX gold is broken in 15 days. But in the
international market gold price of $ 1555 has come down. Comeks the gold price
has lower levels of 5 months. The catch is that a significant level of Rs
53,000 today, the futures price of silver dropped.
Crude oil is also strongly decreased. Free mcx tips crude oil price has come down to Rs 5,100. 5 months in the international market of crude oil is trading at lower levels. Decreases in demand in Europe and the United States rising crude oil prices in the stores is becoming pressing.
Crude oil is also strongly decreased. Free mcx tips crude oil price has come down to Rs 5,100. 5 months in the international market of crude oil is trading at lower levels. Decreases in demand in Europe and the United States rising crude oil prices in the stores is becoming pressing.
According to Commoditygyan Selling pressure on base metals dominate. 0.5-1
per cent of all metals, including copper on MCX are trading down. London Metal
Exchange price of copper has lower levels of 4 months.
International market selling pressure after the
break in the domestic market has been a sharp decline in the gold and silver.
MCX gold and silver on the main level there appears to be broken.
MCX gold at Rs 28,000 with a decline of 0.5 per
cent has come close. The weakness of silver with 1 per cent to Rs 53,000 has
come close. Also slipped 0.5 per cent to Rs 5,100 on MCX crude oil has come
down. On MCX base metals have declined by 0.5 per cent.
Ncdex tips free trial to see a decline in wheat and the price has
come to Rs 1,140. Cotton cake with the weakness of even 1 per cent is trading
at Rs 1,380. Although barley has gone up 2 percent and its price has risen to
Rs 1,350. Mustard also has about 2 per cent strength.
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