Market Update

Market Watch

Tuesday 1 July 2014

Latest Bullion Market Updates with Live Mcx Tips

MCX GOLDPETAL July contract was trading at Rs 2830 up Rs 4, or 0.14 percent. The GOLDPETAL rate touched an intraday high of Rs 2835 and an intraday low of Rs 2829. So far 2671 contracts have been traded. GOLDPETAL prices have moved down Rs 148, or 4.97 percent in the July series so far.  
Copper futures traded at a four-month high on Tuesday, as investor’s cheered upbeat data on China’s manufacturing sector. Copper for September delivery rose to a session high of $3.212 a pound, the most since March 7, before turning lower to last trade at $3.199 during European morning hours, down 0.13%, or 0.4 cents. 
Crude oil prices gained in Asia on Tuesday after strong PMI data from China set the tone on demand prospects. West Texas Intermediate crude oil for delivery in August traded at $105.60 a barrel, up 0.21%, after hitting an overnight session low of $104.67 a barrel and a high of $105.75 a barrel.
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