June 14, 2011

Commodity MCX Silver Prices, MCX Gold Prices and MCX Crude price Daily 14 June

Bullion metals Gold prices and Silver prices fell today after Federal Reserve. Ime Base metals showed a fall of 1% on trading session. Crude oil fell at index MCX as investors anticipated an increase in production quotas from an OPEC.
Crude oil slid and the previous session has extended the fall over global economic growth . Rising oil output from Saudi Arabia added pressure. Nymex crude oil was down more than one per cent and is on a nearly $20 discount to Brent crude. Gold prices edged lower and silver shed more than one per cent in spite of a weak dollar. Silver  prices rallied to 37.86 mark. At the end of the trading week the silver prices came back ending a week with gravestone Doji.  Silver Prices is showing a Bearish trend.
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