Commodity Market Updates : Gold-Silver Boom Today

Gold and silver glow in the commodity market remains intact, gold is seen at the highest level of 11 months on the commodity whereas domestic prices are getting support from weak rupees. Metals today have a tremendous pace of all the metals, including the lead, are trading from 0.75% to 2%. The London Metal Exchange Copper is at the height of 3 years.

Talking of Agri commodity, gram is recovering from the grassroots level. Chana has taken a U-turn, after a weak start today it has returned tremendous speed. Its September futures are up 1.25 percent, while soybean, mustard is continuing to decline, due to concerns about the loss of the crop, weakness has remained weak, it is getting a double pressure of weakness in the international market.