After the heavy downturn yesterday in the Commodity market Expert, there is a great recovery in rupees today. The rupee record has gained about 0.5 percent from the lower level. Dollar price has come down to 69 rupees 80 paise. Actually, the dollar has been braking on the fast. In such a situation, gold is showing consistency from the lower level of 17 months in the global market. Despite that, its price is below $ 1200. At the same time, silver is also trading with a slight recovery from the lower level of 1 year. But the prices are at $ 15.
Meanwhile, crude oil has got little support from the decline in production in Saudi Arabia and it is doing business with an increase of about 0.5 percent. But the metal is weak on the London Metal Exchange due to the possibility of Europe being hit by Turkey crisis. Zinc has slipped to a 14-month low. It is trading around 2 percent below. While copper has also broken about 0.5 percent. Let's look at the levels at which commodity market starts today.
In the global market, crude oil is improving with lower levels. At NYMX, WTI crude is trading at $ 67.5 with a rise of 0.5 percent. Brent Crude is trading at $ 73 with an increase of 0.5 percent.
Gold and silver are trading with a slight uptrend. On the commerce, gold is trading 0.25 percent higher at $ 1,201.6. Silver is rising up to 0.5 percent and is trading at $ 15.
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