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Commodity updates: 30-May-2012
The effect of international market crash in the domestic market is also being witnessed in gold and silver. I can see the weakness in crude oil. Naimeks the crude oil slipped 0.5 per cent is close to 90 dollars a barrel.
With a marginal decline on MCX gold is trading at Rs 28 840.While silver has been around 0.5 per cent fall to Rs 53 780.Crude oil slipped 0.2 percent on MCX is trading at Rs 5090.MCX is seeing weakness in the base metals. 0.25 per cent recorded in the nickel.
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