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GOLD CROSSES RS 28,000, WHAT TO DO …

Discussion in 'Commodity vs Dollar' started by capitalstars05, Feb 9, 2016.

  1. capitalstars05

    capitalstars05 New Member

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    Gold and silver have risen sharply. In the international market, gold has touched $ 1200. In the past month, gold has rallied 10 per cent. The decline in equity markets and weakness in the dollar has supported gold. Meanwhile, in the domestic market at the upper level of gold touched a year. Silver also rose with gold and silver in the international market is on the upper level of around 3 months. Silver at Rs 37,000 in the domestic market has been exceeded. MCX gold is trading around 0.1 per cent at Rs 28420. However, silver rose 0.3 percent to Rs 37 240 looks around.

    Snblta crude in the international market after yesterday’s fall looks. Brent crude seen at around $ 33, while Nymex crude trading at $ 30, with a gain of 1 percent is. Although the domestic market is weighed down by the upper level. MCX crude oil has risen 0.4 per cent at Rs 2060. But natural gas fell by 1 per cent at Rs 144.5 seems.

    Base metals are traded with good gains. With 0.8 per cent on MCX Aluminium touched Rs 103.4 while copper rose 0.3 per cent to Rs 316.15 seems. Nickel with 0.9 per cent growth to Rs 568.4 seems. Lead gained 0.4 percent and the price has reached Rs 125.15. Zinc rose nearly 1 per cent to Rs 119 is reached.

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