Gold close to the bottom level of a month, crude oil prices continued to decrease
By the Federal Reserve in the price of gold due to fears of a rise in rates in June is down pressure. Early in the commodity market, gold trading is close to the lower levels of business a month. International spot gold live market has reached the level of 0.1 per cent drop to $ 1247 per ounce. Monday was the access to the gold of $ 1,242 per ounce, which was the lowest level since April 28 of gold. On the domestic MCX market, gold is trading at 0.04 per cent down at Rs 29680 per ten gram level. With gold and silver continued to decline in prices. In early trade and silver live price was traded at the level of Rs 39,648 per kg, with a decline of 0.49 %.
The pressure in crude oil live prices, as well as the gold is found. After the decision to increase the prices of crude supply from Iran have been found by pressure. Brent crude oil was trading at a level of 0.46 % to 48.13 dollars per barrel in early trading. There, WTI crude fell 0.42% to 47.88 dollars per barrel has dropped to the level of. While crude oil in the domestic commodity market at the level of 0.85 % of the turnover is down to 3254 rupees per barrel.
The Sensex opened 30 points at 25257 and Nifty rose 20 points to 7738
The beginnings of the stock market on Tuesday, despite negative signals from the US and Asian markets have met with little faster. BSE Sensex index of 30 leading shares rose 30 points on the 25257, and the NSE Nifty index of 50 leading shares is open to 20 points to 7738.
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