precious metal-
Whole week trend in gold was
looking volatile, on Monday when market was open showed bearish
movement but when it reach to be ending side recover their future
value.weekly trend closed in negative side,white metal fluctuate but
last closed shows positive note.
Base metal-
Copper and nickel has showed a trimmed
out value for future recover Thursday because china's GDP strong
these affect London metal exchange so LME become strong in commodity
value.
Last close of nickel was 869.30,copper
leaded 1.20 points ended at 448.80.
Energy and oil seeds-
Crude oil trend not gained too much in
last week trend, some up and down moves makes its position fluctuated
but it stand like a poll . The last close was 6192 rs with upward move of 49 rs per barrel price.
Monday mcx commodity prediction :
precious open down and may reflect for whole day trend
Base metal trend decrease but down to earth very quickly
crude open positive trend bullish for the day
cotton bullish ..trend fluctuate
mentha oil shows consolidate trend
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