Market Update

Market Watch

Monday, 23 December 2013

Today's MCX Market Guidance

In MCX Market, gold has been getting less valuable by the day due to the twisting back of U.S. stimulation and a general lack of international inflationary stress.

The metal was pinned at $1,202.44 on Monday after carving out a six-month low of $1,187.80 a couple weeks ago. If costs stay here the steel would have shed 28 % this year, the biggest yearly loss in 32 years. 

 In comparison, oil costs have been reinforced by a positive frame-of-mind for energy demand in the U. s. Declares and reduced Libyan supply. Brent crude was up a cent on Monday at $111.78 a barrel, on top of gains of almost 3 percent last week.

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1 comment:

  1. Equity benchmark indices erased almost all of its gains, with the Nifty hovering around 10,100 mark.capitalstars