GOLD, SILVER GAIN AHEAD OF BREXIT TALKS

At the MCX, Gold futures for Dec 2019 contract was trading at Rs. 38390.00 per 10 gms, up by 0.43 %, after opening at Rs. 38235.00 per 10 gms, against a previous close of Rs 38226.00 per 10 gms. It touched the intra-day low of Rs. 38126.00 per 10 gms and high of Rs. 38425.00 per 10 gms.

The bullion counters traded marginally higher on Tuesday ahead of a crucial Brexit meeting, as uncertainty loomed over how Britain will leave the European Union.

Crude oil slid 0.73 per cent to Rs 3787 per barrel as weak Chinese data put additional pressure on the overshadowed volatile geopolitical equation.

Mentha oil traded higher and stood as the top gainer at MCX due to high demand while Cardamom stood as top loser.

MCXCOMDEX opened with negative note at 3868.67 and traded down by 0.06% at 3867.26. Commodities like Mentha oil, Cotton, Gold, Lead, CPO, Zinc, Silver, Natural Gas were stood as top gainers, gained by 1.05%, 0.67%, 0.43%, 0.39%, 0.33%, 0.32%, 0.28%, 0.18% respectively. On the other hand, Cardamom, Nickel, Crude oil, Copper, Aluminium futures were stood as top losers, lose by 3.99%, 1.23%, 0.73%, 0.14%, 0.07% respectively.

Indian equity indices ended higher for the third straight session on the back of buying interest in banking, auto and fast moving consumer goods shares.BSE Sensex rose 0.76 percent or 291.62 points to 38506.09 and the NSE Nifty 50 rose 0.77 percent or 87.15 to 11428.30 at close.