The decline in the dollar index has been stronger in the international market gold again. Gold prices in the domestic market has increased nearly 1%.
The rupee has also supported gold in the domestic market. MCX gold is trading close to 26599 bucks. Silver also gained Rs 37,000 to Rs 1% and the price has gone beyond.
In terms of base metal MCX Copper down 0.34% to Rs 400 seems broken. The lead of 0.6% is trading around Rs 125.
The decline in commodities has increased in Greece food oils. MCX NCDEX soy oil and crude palm oil trading at about 0.5 to 1% .The pressure of the crude oil has affected food. 1% of the soybean is trading at Rs 3305.
The rupee has also supported gold in the domestic market. MCX gold is trading close to 26599 bucks. Silver also gained Rs 37,000 to Rs 1% and the price has gone beyond.
In terms of base metal MCX Copper down 0.34% to Rs 400 seems broken. The lead of 0.6% is trading around Rs 125.
The decline in commodities has increased in Greece food oils. MCX NCDEX soy oil and crude palm oil trading at about 0.5 to 1% .The pressure of the crude oil has affected food. 1% of the soybean is trading at Rs 3305.
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