LATEST COMMODITY UPDATE

COMMODITY TIPS

COMMODITY MARKET UNDER PRESSURE SPECIALLY THE BASE METALS SHOWING HUGE MOVEMENTS DOWNWARDS ALUMINIUM AND LEAD ALMOST CAME DOWN 2.5% AND IT IS EXPECTED THAT IT CAN COME DOWN MORE

SILVER IS ALMOST 3.3 % DOWN CAN GO FOR THE LOWER CIRCUIT TRADERS MUST NOT BUILD UP HUGE POSITIONS IN SILVER AS IT CAN OUT PERFORM THE MARKET

CRUDE TOO IS ALMOST 2% DOWN IT IS ALL THE RESULT OF SOME RELIEF FROM DOLLAR IF DOLLAR CONTINUES TO GET WEAKEN THAN WE CAN SEE MORE FALL IN METALS AND OIL

COMMODITY MARKET UPDATE

Commodity tips

AFTER THE WEAK START ALL THE COMMODITY SPECIALLY THE BASE METALS FELL APART ALMOST 1 % DOWN GOLD AND SILVER TOO PERFORMED NEGATIVELY AS THE EQUITY MARKET WAS DOWN ALMOST 3 % IF THIS TREND CONTINUES TILL END WE CAN SEE HUGE MOVEMENT IN THE COMMODITY MARKET AFTER 3.30

COMMODITY MARKET UPDATE

Commodity tips

TODAY GOLD AND SILVER OPENED BIT ON THE NEGATIVE SIDE BASE METALS TOO GAVE A NEGATIVE START SOME RELIEF FROM DOLLAR AS IT IS 3 PAISE LESSER WHAT IT WAS PREVIOUS RATE BUT THING TO WATCH WILL BE THE MOVEMENT OF THE MARKET GOLD CAN MAKE A ANEW HIGH AFTER 28950