mcx updates

dipali

Trader
Nov 21, 2012
10
0
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Crude oil price would likely to touch $110 barrel up from its previous forecast of $103. There is a war between Angola and Nigeria to export the oil. Import of West African crude oil is dipped to 1.49 million barrel a day in the November which is down by 10% on October. Today crude oil has a good movement after the yesterday dipped. On the MCX crude oil is trading with a green sign today. Its previous close is Rs 4806, it gain a 28 point high at 3.12 pm. On the MCX precious metal are the commodities where we show a regular continuous increment. Silver institute say that the industrial demand is going to fall this year in his report. These reports say that the global demand s going to affected this year. ON the MCX the silver is trading with a good position to buy, as month passes the price is going to more high. While the yellow metal is trading in a good support, trading in a good buying position, yesterday gold is close at 31744.