Tuesday, 4 December 2012

MCX Commodity Market Updates Today 04 Dec. 2012

Precious metals prices are trading little changed on MCX today. We expect prices to remain under pressure on account of a stronger US dollar overseas. 

Industrial/Base metals prices are trading a tad lower on international bourses today. We expect prices to trade soft for the day on account of weak Manufacturing PMI numbers from US. 

Crude oil prices are trading little changed on MCX today. We expect prices to be soft on account of weak Asian equity indices.

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