2.5% up in gold, crude oil exceeded $ 40 Home / Commodity Strategy


Posted March 17, 2016 by CapitalStarsResearch

CapitalStars Financial Research Private Limited is an advisory company incepted with a vision of providing fair and accurate trading and investment calls in share and commodity market.

 
The US Federal Reserve’s decision to not raise interest rates after the strong rally in gold is seeing. Comaks gold rose 2.25 per cent is trading at $ 1258. While silver is also seeing a boom. With 2.3 per cent growth Comaks silver has reached $ 15.6. The same with a gain of 1.5 per cent on MCX gold is trading at Rs 29400. Silver with a gain of 1.5 percent fell to 37 450 rupees.

The boom in Crude Oil-

Crude oil prices also gained, with gold being. Brent crude crossed $ 40 for about 2 per cent, while WTI crude above $ 39 is Karebar. Qatar is going to be a meeting of oil producing countries, which is expected to agree on production cuts. The domestic market is also seeing a rise in crude oil. With nearly 3 per cent on MCX crude oil has reached Rs 2620.

Boom in Agri commodities-

At the Multi Commodity Exchange, mentha oil for more than 0.25 per cent is trading at Rs 873.3. NCDEX guar seed at Rs 3075 with a gain of 0.5 per cent is reached.

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Last Updated March 17, 2016