MCX Expert Tips

MCX Crude oil futures fell to the lowest level in three weeks on Saturday, settling below the USD100-a-barrel mark as appetite for riskier assets was weighed after ratings agency Standard and Poor's downgraded the sovereign credit ratings of nine euro zone countries, including France.

Spot gold traded steady on Monday, weighed down by a strong dollar after mass downgrades of euro zone nations by Standard & Poor's on Friday, while its safe haven appeal could benefit from renewed fears about the euro zone debt crisis.

Natural gas prices plunged on Friday, hitting a fresh 28-month low for the fourth consecutive day as forecasts for warmer-than-normal winter weather in the U.S. and concerns over high inventory levels continued to dampen sentiment on the heating fuel...

Commodity                Rs      (%Chg)                         Unit

Gold - 4 Feb           27546.00  (0.11%)                  10 grams

Silver - 5 Mar         52150.00  (0.07%)                   kg

Crudeoil - 19 Jan      5113.00  (0.14%)                    barrel

Naturalgas - 25 Jan    134.50  (2.20%)                    mmbtu

Copper - 29 Feb        415.50  (0.35%)                      kg