Quantcast

Commodities





Commodity News

Commodity Prices : MCX, NCDEX, NMCE, Spot Rates

Commodity Trading Tips

For medium and high value investors
For brokers,sub brokers and high value investors
For those who trade in just one commodity
For those who trade in Mini Lots

Equity Trading Tips

Intraday Futures and Option calls
Specially filtered 4 to 7 calls per day
For those who trade in just one commodity

Commodity Outlook

Reports

Last Updated :Feb 11, 13:59 IST
28254     (-23)
1275     (+5)
2439     (-5.2)
Get MCX/NCDEX/NMCE Futures Rates
Last Updated : 02 November 2009 at 10:20 IST
Follow us on and for updates

Gold prices mixed in Asian trade

SINGAPORE (Commodity Online) : Gold prices remain mixed in Asian trade Monday mainly on euro recovery against the greenback.

Spot gold was seen trading at $1043.68 an ounce in Asian trade compared with Friday’s close of $1044.40 an ounce while December delivery was at $1044.45 an ounce as against Friday’s close of $1040.40 an ounce.

Trading platform that even a 5 year old can trade. Join now

Gold, normally moves inversely to the dollar, fell 1 percent last week as the U.S. currency rallied from a 14- month low against the euro. Gold topped a record $1,070.80 an ounce on Oct. 14.

Bullion fell about 1 per cent last week, marking its first weekly loss since the week of September 25, following four consecutive weeks of gains.

On Friday, December Silver dropped 40 cents to $16.255 an ounce. December Copper futures fell 7.4 cents to $2.9555 a pound.

According to data’s from US Commodity Futures Trading Commission, the number of noncommercial net long positions in US Gold futures fell to 241,777 lots in the week ended October 27 from 250,107 lots.

Meanwhile, the world's largest gold-backed exchange-traded fund, SPDR Gold Trust, said its holdings fell 0.915 tones on Friday, making the total weekly decline to 4.575 tones.



MCX ALUMINI 30 April 2012 contract was trading at Rs 111.45 , up Rs. 0.85 . What's your view on it?
Post your comment  (0)
Connect:
Post to Twitter
Post to Facebook