Free Commodity Tips | Government will announce the MSP of Kharif crops today. The price of soybean, paddy, maize and Kharif pulses may be announced to give one and a half times the MSP. It is expected to have a huge edge. The look of the entire agri commodity market is on the announcement. By this afternoon, the cabinet can decide on this.
Among all these, fast-growing crude oil continues. Brent is worth $ 78 in the global market, while WTI crude has reached near $ 75. Gold and silver are also trading on the rise. Gold is worth $ 1260. The price has jumped nearly $ 15 a day. Silver is also trading above $ 16 in silver.
After the fall of the past, there is a great recovery in the metal on the London Metal Exchange today. Copper prices have jumped nearly 1 percent. It had fallen on the lower level of seven months. At the same time, aluminum has also been up nearly 1.5 percent from the three-month low level. Zinc is looking at the low level of 11 months. In fact, China is mobilizing the European Union against the United States to raise voice. The rupee is flat compared to the dollar today. One dollar is worth 68.50 rupees.
At present, Free Commodity Tips, crude oil on MCX is trading at Rs 5,120 with a jump of 0.75 percent. Natural gas has come down by 1 percent to Rs 196.5. On MCX, gold is trading at a little over 0.25 percent with a marginal increase of 30,550 rupees. Silver moves seem flat.
In base metals, there is good growth in everyone except Lead. Copper on MCX is trading 0.5 percent and is trading at 447.7 rupees. Nickel is trading at 0.5 percent and is trading at Rs 989. Aluminum is trading at 0.75% with a firm strength of Rs 145.3. There has been a slight decline in the lead, but the zinc has reached 0.65 percent with a jump of 194 rupees.
Chana is trading upwards of 1% on NCDEX and is trading above 3,600 rupees. Castor Seed is trading at Rs 4,270 with a strong strength of 2 percent.
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