Market Round up
Gold remained under
pressure ahead of a closely-watched U.S. retail sales report.
Silver prices seen
supported as the market waited for clues on the timing of interest rate rises
in the United States.
Crude oil prices dropped
after data showing large weekly builds in U.S. petroleum products offset a
surprise draw in crude stockpiles.
Energy Copper climbed as
strong economic data from China fueled speculation of strengthening demand.
Zinc prices gained as
recent economic indicators in China pointed to brighter demand prospects.
Nickel dropped after the
Philippines deferred releasing the results of a mining audit until next week.
Natural gas dropped on
concerns that hot weather in the next two weeks will be insufficient to shrink
growing stockpiles.
Ref soyoil prices ended
with gains on short covering after prices dropped on oversupply woes.
Latest MCX Market Tips with trading strategy about commodity market with technical analysis by experts and full support.
Mentha oil prices gained
amid pickup in demand from consuming industries at the spot market.
Soyabean prices gained on
improved demand after United States Department of Agriculture reported higher
exports for August month.
Chana prices dropped on
profit booking amid government initiatives to check rising prices and
availability of pulses.
Turmeric prices ended with
gains on short covering after prices dropped due to reports of higher sowing
and Currency comfortable stocks.
Jeera prices ended with
gains due to dwindling supplies and tight stocks.
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