Commodity Market News-02 Dec 2014

Equity Tips, Stock Tips, Share Tips, Nifty Tips, Nifty Futures Tips

Gold prices fell by 0.74% to Rs 26,314 per 10 grams in futures trade today as speculators reduced their exposures amid a weak trend overseas on stronger dollar.

Silver prices plunged 1.92% to Rs 36,981 per kg in futures trade today after speculators offloaded positions amid a weak global trend.

Copper prices fell 0.67% to Rs 400.85 per kg in futures trade today as participants reduced positions amid a weak global trend.

Nickel fell 0.38% to Rs 1,015.30 per kg in futures trade today as speculators engaged in reducing positions amid a weak trend in global markets and subdued domestic demand.

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1 comment:

  1. MCX Copper last week showed weak movement and broke the weekly trendline and found support near to weekly level of 392. Now, 392 is seen as immediate support for it below which it may drag towards 380 support level. On higher side some correction will lead it towards the resistance level of 410.
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