Friday, February 24, 2012

MCX Commodity Outlook:Gold Updates

MCX Gold Silver Trend|Base Metals Trading Range Commodity Tips Today 24 February:-  Gold edged lower, although a weaker dollar supported positive sentiment. Spot gold edged down 0.2 percent to $1,777.04 an ounce. Spot Gold is currently trading at $1775.40. MCX Gold April is currently at 28715, it is trading down by `198 points for the day. Comex Silver is currently trading at $35.30 whereas MCX Silver March is currently trading at 58350, it is down by 327. Get MCX Commodity Tips By experts.
Copper traders are the most bullish in two months on speculation. The metal rose 
10 percent to $8,379 a metric ton this year on the LME, the best start since 2008. China consumes about 40 percent of the world’s copper. Crude Oil rose a seventh day, the longest winning streak since January 2010. Crude Oil is currently trading at $108.49 per barrel. MCX Crude Oil March is currently trading at `5349, it is trading up by 69 for the day. All base metals are trading on a negative note today.

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