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MCX Crude oil down to Rs 6050

Nymex crude oil prices , which fell to 4 -month low level . The Nymex crude oil is trading below 98 dollars . This has had on the domestic business , and MCX crude oil down to 6050 . But the thing to note is that Brent crude has not declined much . It is still trading around $ 110 . In such an environment , the difference between WTI and Brent has increased significantly .

 MCX crude oil is trading below Rs 6050 dropped 0.2 per cent. But after Tuesday’s decline has grown rapidly natural gas. Natural gas gained 0.5 percentage points on MCX is trading at Rs 221.

Gold price in the international market, has gone on the upper level of 1 month. In the domestic market, gold is trading above Rs 30.00. Silver has gained momentum, and MCX silver is trading close to Rs 50,000.

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About Narmada Ji

Myself Technical Analyst and Owner Investment Growth Services (100mcxtips.com). 100McxTips is a Market Leader MCX Commodity Advisory, which has a strong hold in offering trusted MCX Tips and accurate as well as Commodity Market Tips. For more mcx, commodity market news by 100McxTips, follow us on Twitter @100mcxtips and on Facebook at facebook.com/100mcxtips.

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