Commodity Tips and updates 20-July-2012

Commodity Markets: Gold - Silver -Crude-Copper -Nickle

Commodity updates: 20-July-2012 

Despite weakness in rupee weakness in crude oil in the domestic market has seen. On MCX, crude oil is 0.4 per cent at Rs 5100. Crude oil dropped 0.6 per cent in the international market and the price came to $ 92.

Gold and silver mixed stance. MCX gold ended up with Rs 29200. However, silver has remained close to Rs 52 650, with a marginal decline.

All have seen a decline in base metals. Zinc, lead, copper, nickel, aluminum 0.5 to 0.2 per cent are poor.

Agri commodities in turmeric is 4 per cent. Wheat, soybean and castor seed is firmly in the 3 to 2.5 per cent. However, barley has declined by 0.5 per cent.

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