Commodity markets on MCX are witnessing mixed trade today, with precious metals and base metals trading higher, while natural gas remains under pressure.
Precious metals
Silver is leading the gains, trading at Rs 2,66,701, up Rs 5,957 or 2.28%. The sharp move indicates strong buying interest in the metal.
Gold is also in the green at Rs 1,60,636, gaining Rs 667 or 0.42% in today’s session.
Base metals
Copper is trading at Rs 1,201.70, up Rs 2.60 or 0.22%, reflecting steady demand.
Zinc is at Rs 329.35, rising Rs 1.05 or 0.32%.
Energy
Crude oil is marginally higher at Rs 6,022, up Rs 14 or 0.23%.
Natural gas, however, is under selling pressure, trading at Rs 259.3, down Rs 9.0 or 3.35%.
Overall, the MCX dashboard shows strength in metals, particularly silver, while natural gas remains the key laggard in today’s trade.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Commodity market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.