Market Update

Market Watch

Tuesday, 22 April 2014

Free MCX Tips for Indian Share Market


Gold extended losses into a fourth session on Tuesday and hovered near its lowest in 2-1/2 weeks on further outflows from bullion-backed funds and stronger equities. 

Nickel advanced for a third day to a 14-month high on concern that escalating tensions in Ukraine may disrupt supplies from Russia amid Indonesia’s ban on ore exports.

Palladium slid more than 2 percent on follow-through weakness after South Africa's biggest platinum producers last week offered to raise wages for miners in a bid to end a widespread mining strike.

Silver slid in tandem with losses in gold and platinum group metals, falling 1.2 percent to $19.36 an ounce. Due to Monday's drop, silver has reversed its gains and is lower on the year.

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