COMMODITY PRICES TRADED NEGATIVELY ON MCX

Commodity prices opened the trade negatively as most of the commodities were traded negatively. Currently, Lead and Kapas were trading with positive note while rest others were trading negatively.

Crude oil prices were trading 0.50% down at Rs. 4772 per barrel in the morning trade. Crude oil prices pared some previous gains on stronger dollar. Crude oil prices were up on fuel demand recovery hopes on US stimulus package.

Bullion Prices traded marginally down. Gold prices fell in the Indian market on Friday as strength in the Indian rupee against the US dollar weighed on the yellow metal. Gold Apr future was trading down by 0.77% at Rs. 44534 per 10 gms and touched a low of Rs. 44508.Silver May future was trading lower by 1.35% at Rs. 66630 per kg.