MCX basemetals is seems in a mix trend in the last week trading session. The for other metals like MCX Aluminium, MCX Zinc the prices ended with sharp gains but the trade report in case of MCX Lead and MCX Nickel is of a modest decline. Copper prices rose seeking support from supply disruptions, easing fears of debt crisis in US and Euro Zone and weakness in US Dollar. Goldman Sachs cut their forecasts for US economic growth to 1.5% from 2%
Commodity MCX High - Low Ratios:
Commodity Daily High 5 Days Monthly
High Low High Low
Gold - Silver 38.43 39.42 38.43 42.91 38.43
Gold - Crude 83.83 84.04 81.88 85.84 78.66
Lead - Zinc 1.10 1.12 1.09 1.17 1.09
Steel - Nickel 35.08 35.80 34.92 35.93 32.47