Friday, July 5, 2013

COMMODITY Gold-SILVER HUGE DROP, CRUDEOIL CLIMED

Employment data in the U.S. because of good living has declined in gold and silver. Comax under 1222 dollar gold has risen about 2 percent. However, silver is under $ 19.5 dropped 4.27 %. Despite the weakness in the domestic market in Rs gold - silver has slipped. MCX Gold slipped near to 26,000. Silver rises to Rs 40250.

Gold, Silver

However, crude oil has gone up as well. Crude oil rose more than 2% to $ 103 NYMAX close. Brent crude is approaching 108 dollar. MCX Crude oil also rose 5% near 6400 to reach Rs.

Released Friday by the U.S. non - farm payroll data came bustling into the commodities market. Jobs are good data indicating the recovery in the U.S. is rapidly returning.

1 comments:

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