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Gold Live - MCX Commodity


Gold trade on upside and looking for buy for today's trading session. 

Gold edged up on Tuesday, aided by a slightly weaker dollar, but concerns about Spain's high borrowing costs and its struggling banking sector kept gains in check. Bullion has fallen more than 5 per cent so far this month, on course for its biggest monthly decline since December, as fear of Greece's exit from the euro zone as well as Spain's crisis sank the euro and boosted the dollar index to a 20-month high, weighing on gold priced in the greenback. 

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Gold Live Trend MCX gold and silver are trading lower in early morning trade on Monday with the US dollar showing strength against the Indian Rupee. MCX silver May contract is trading at Rs 55,590, down 0.39% as of 10:48 AM IST while MCX gold June contract is trading down by 0.33% at Rs 28,493 At the COMEX, both gold and silver contract are also trading in the red. Meanwhile, the Indian Rupee also weakened against the US dollar, climbing by 0.14% to 51.665. Base Metal Live London Metal Exchange base metal prices showed a mixed trend on Friday. Aluminium Alloy, Nickel and Tin prices gained on Friday while all other metal prices futures headed in negative direction. LME copper fell by 0.18% to $8165 a metric ton on Friday after data showed China's economy grew slower than expected in the first quarter, reviving doubts about second-quarter demand from the world's biggest copper user. LME Price Highlights: --Aluminium alloy advanced 0.76% to $1965 a metric ton --Aluminium dipped 1....