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Commodity updates: 9-May-2012
The effect of the sharp fall in the international market in the domestic market is also being witnessed in gold and silver.Slightly lower on MCX gold is trading at Rs 28,400. Silver fell by 0.5 per cent and the price has come close to Rs 54 200.
MCX crude oil declined by 0.5 per cent in the getting. On MCX, crude oil is trading around Rs 5,150. MCX today denies any involvement in the base metals is being witnessed. On MCX, aluminum and nickel have gone up by 0.25 per cent. While on MCX copper, lead and zinc have declined marginally.
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