Commodity prices traded with weak note on Wednesday.CPO future stood as only gainer during morning trading session while rest others were trading negatively.
Base Metals were trading marginally down on demand concern from China. MCX Nickel Mar delivery was trading negatively, down by 1.35% at RS. 1163.50 Per kg. This base metals touched a high of Rs 1175.40 and a low of Rs 1157.10 per kg on the MCX in early trade.
Zinc Mar delivery was trading down by 0.93% at Rs. 213.65 per kg.Copper Mar delivery also traded negatively, down over half percent and Aluminium Mar future was trading down by 0.44% at Rs. 171.65 per kg.
Gold was under pressure in Indian markets today amid a rally in risk assets like equities. On MCX , gold futures were down 0.38% to Rs.44688 per 10 gram while silver rates declined 1.32% to RS. 66590 per kg.