Market Update

Market Watch

Friday, 11 July 2014

Mcx Trading Tips Live Market Updates by CapitalHeight

In Mcx Market the average price of gold has eased by 3.2 percent on an annual basis to Rs 29,190 per 10 gm in 2013-14, Parliament was informed today. In the current fiscal, gold price has come down to Rs 28,738/10 gm in May from Rs 29,329/10 gm in April.
Gold futures held steady on Friday, hovering close to 3-1/2 month highs as concerns over Portugal's banking sector and the Federal Reserve's latest meeting minutes continued to support. , gold for August delivery traded at $1,338.20 a troy ounce during European afternoon trade, down 0.07%.The August contract settled 1.13% higher on Thursday to end at $1,339.2 a troy ounce.
Natural gas futures fell to six-month lows on Thursday after official data revealed U.S. stockpiles rose more than expected last week. Natural gas futures for delivery in August traded at $4.118 per million British thermal units during U.S. trading, down 1.26%. The commodity hit a session high of $4.189 and a low of $4.117.

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