Mcx commodity market evening updates 17 october | crude oil up today

Mcx commodity market is in under pressure, Mcx precious metal traded down side.  The rupee today is a little stronger in the domestic market. MCX gold is flat and seems to Rs 27 450, while silver slipped 0.2%  to Rs 38800.

Is enormous volatility in base metals. Copper is the pressure, while nickel has also declined. All other metals are traded under pressure. Indeed, China's economy is not getting clear about the picture.

After the heavy decline Mcx crude oil is trading positive side, Crude oil has turned the trick today. October future  is trading at 5176 with up side 1.31%. crude oil made a high of 5199 and intraday low of 5085 .

Mcx 9 june NCDEX sugar price, Ncdex chana shed, Buy natural gas

Today, there is quite a buzz in the base metals. Aluminium prices rose 1% to close at Rs 111 is reached. 0.3% lead and zinc has gained 0.9% . However the Copper remains below 0.8% to Rs 400. Nickel also has weakened 0.2%.

NCDEX sugar is looking up. With 0.7% sugar prices have risen to Rs 3,060. Spice turmeric has decreased strongly. Turmeric is down 1.6% to Rs 5,800. Gram is also looking down. NCDEX Chana shed 2.5% is trading below Rs 2,715.

BUY NATURALGAS Above 280.00 Target 281, 282, 283 Stoploss- 275.00