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Copper futures up on spot demand
01/11/2016 15:27
Copper futures were trading higher during the afternoon trade in the domestic market on Tuesday as participants extended their positions in the industrial metal amid rise in physical demand for copper in the domestic spot market.
Further, the price for copper in the domestic markets rose due to an increase in demand for the metal at the futures trade.
At the MCX, copper futures for November 2016 contract is trading at Rs 326.70 per kg, up by 0.20 per cent, after opening at Rs 327.90, against a previous close of Rs 326.05. It touched the intra-day high of Rs 328 (at 15:28 hours).
Yellow metal shines on firm global cues
01/11/2016 14:14
Tracking firm global trend, gold futures were trading higher during the afternoon trade in the domestic market on Tuesday as investors and speculators widened their positions in the precious metal.
Analysts attributed the rise in gold prices at the futures trade to positive global cues.
At the MCX, gold futures for December 2016 contract is trading at Rs 30,096 per 10 grams, up by 0.49 per cent, after opening at Rs 30,000, against a previous close of Rs 29,950. It touched the intra-day high of Rs 30,108 (at 14:08 hours).
Crude oil futures dip on doubts over OPEC deal
01/11/2016 13:01
Crude oil futures were trading lower during the noon trade in the domestic market on Tuesday as investors and speculators exited their positions in the energy commodity on possibility that the Organization of the Petroleum Exporting Countries’ (OPEC) plan to curb output will fail after Iraq signaled unwillingness to take part in the proposed deal.
Iraq, the second biggest producer in OPEC after Saudi Arabia, over the weekend said it should be exempt from any deal to scale back production as it needs the oil revenue to fund its continuing war against Islamic State militants.
At the MCX, crude oil futures for November 2016 contract is trading at Rs 3148 per barrel, down by 0.16 per cent, after opening at Rs 3140, against a previous close of Rs 3153. It touched the intra-day low of Rs 3138 (at 12:49 hours).
Free Mcx Commodity Trend Update ( Call - 9094047040)
Click Here & Register To Get 2 days Trial Tips
Join Our Whatsapp No : 9841986753
Keep Refresh for Fresh Tips
Copper futures up on spot demand
01/11/2016 15:27
Copper futures were trading higher during the afternoon trade in the domestic market on Tuesday as participants extended their positions in the industrial metal amid rise in physical demand for copper in the domestic spot market.
Further, the price for copper in the domestic markets rose due to an increase in demand for the metal at the futures trade.
At the MCX, copper futures for November 2016 contract is trading at Rs 326.70 per kg, up by 0.20 per cent, after opening at Rs 327.90, against a previous close of Rs 326.05. It touched the intra-day high of Rs 328 (at 15:28 hours).
Yellow metal shines on firm global cues
01/11/2016 14:14
Tracking firm global trend, gold futures were trading higher during the afternoon trade in the domestic market on Tuesday as investors and speculators widened their positions in the precious metal.
Analysts attributed the rise in gold prices at the futures trade to positive global cues.
At the MCX, gold futures for December 2016 contract is trading at Rs 30,096 per 10 grams, up by 0.49 per cent, after opening at Rs 30,000, against a previous close of Rs 29,950. It touched the intra-day high of Rs 30,108 (at 14:08 hours).
Crude oil futures dip on doubts over OPEC deal
01/11/2016 13:01
Crude oil futures were trading lower during the noon trade in the domestic market on Tuesday as investors and speculators exited their positions in the energy commodity on possibility that the Organization of the Petroleum Exporting Countries’ (OPEC) plan to curb output will fail after Iraq signaled unwillingness to take part in the proposed deal.
Iraq, the second biggest producer in OPEC after Saudi Arabia, over the weekend said it should be exempt from any deal to scale back production as it needs the oil revenue to fund its continuing war against Islamic State militants.
At the MCX, crude oil futures for November 2016 contract is trading at Rs 3148 per barrel, down by 0.16 per cent, after opening at Rs 3140, against a previous close of Rs 3153. It touched the intra-day low of Rs 3138 (at 12:49 hours).
