MCX Commodities Updates – Evening Outlook

MCX Commodities prices are trading lower on strong Rupee. In domestic markets, crude oil, gold, silver are trading with weakness. MCX Crude oil is trading at Rs 5138 with 2.5 per cent loss. The buying interests of crude oil in international market is looking back.

MCX Gold prices continue its weakness. MCX Gold remains down and trading below the level of Rs 27500 down 0.5 per cent. In Comex Gold is trading flat.

Silver on MCX is down 0.75 per cent to Rs 52 380 with osteoporosis. In Comex weakness continues in silver and  its trading under $ 30.

In base metals mixed trade is being seen. Aluminum, zinc is about 0.25 per cent decline. Copper, nickel, lead is firmly in the business.