MCX Commodity Tips - Copper Updates, Crude Updates

Thursday, December 22, 2011
Today MCX Gold, Silver, Copper, Crude are trading at positive prices. MCX GOld is trading in the range of Rs. 27,700-27,900 and MCX Silver is trading in the range of Rs. 53,100-53,400. MCX Copper may touch the levels of Rs. 405 and MCX Crude may touch the levels of Rs. 5300 in upcoming trading session.

Precious metals (MCX Gold and Silver) are trading flat on MCX Commodity Market today. We expect prices to trade lower for the following trading session as European Central Bank tender failed to boost market confidence in the euro zone's  ability to tackle its debt crisis. All base metals are trading lower on International bourses today. We expect prices to trade lower for the day. Crude oil is trading flat on MCX commodity today. We expect prices to trade higher for the day.