Gold has again began to shine. Today in the domestic market, gold has crossed Rs 27,000. Gold prices in the international market has reached the upper level of the previous 5 weeks. Comex price of gold has gone beyond $ 1160. About 8 per cent in the month, gold has rallied. Indeed China's concerns and rising interest rates in the US support to gold. Silver also has picked up and the 1 per cent on MCX is close to Rs 36,700.
However, the decline in crude oil dominates. Decrease in demand in the international market, crude is trading at 6.5 year low. To $ 40.75 a barrel on Nymex WTI crude has arrived. Also Brent crude has fallen to $ 46 a barrel. MCX crude oil in the domestic market slipped 1.5 per cent to Rs 2,715 arrived. Natural gas also fell 0.5 per cent to Rs 181 has arrived.
0.6 per cent in the base metals aluminum is trading at Rs 102.4. Although copper down 0.1 per cent to Rs 336 with osteoporosis seems. Lead is seeing a gain of 0.6 percent. The nickel is trading around 0.4 per cent at Rs 680.9. Zinc is flat move.
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Source: moneycontrol.com
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