Gold Week High Crude Oil Fall

Due to falling prices of crude oil in the global market, gold has reached a high of 11 weeks. Comaks gold trading session at $ 1122 per ounce level is reached. This is the highest level since November 4. In January, the price of gold has gained 5 percent.
2.64 per cent of crude oil
Weak global cues after crude oil prices surged again in the last days is a declining trend. Noymaks in crude prices is 2.64 per cent. Crude prices fell more than 2 percent to $ 30.62 per barrel occurred.

Why the rise in gold

According to traders in gold because of the sharp decline in equity markets have seen ongoing. The investors in global markets and fears of pressure on the gold safe alternatives are explored.

Bullish trend in base metals

Stand fast in base metals. Zinc is at Rs 107.30 with 4 per cent growth. While copper is about 2 per cent to 2 per cent copper credibility is at Rs 306.60. MCX mentha oil January futures fell 0.34 per cent to Rs 866.70 after. NCDEX soy oil January futures rose 0.6 per cent to Rs 613 after.

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