COMMODITY MARKET UPDATES


Commodity Market Tips

MCX Zinc futures, which went down even under Rs. 100, jumped to hit a high of Rs. 100.50 per kg on these cues though the metal failed to maintain at these levels and slipped under the three digit mark yet again. LME zinc stocks continued their slowdown yesterday, dropped to 744700 tonnes, a seven-month low.
zinc in the morning...
Rupee appreciation gave the jerk to the yellow metal...
The rally in the Indian Rupee is giving  pressure on the domestic gold futures.Today MCX gold trading down more than half a percent and the international gold trading down just 0.1%. Gold is not getting relief in any of the way, to which market it is responding, yet to identify.

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