Bullions: In today’s trading session, MCX Gold opened trading with flat to negative sentiment and opened lowered below its previous closing level of 30554.00 and plunged to a level of 30530.00. Even the MCX Silver followed the footsteps of MCX Gold and opened trading with negative bias and opened lowered below its previous level of 39640.00 and plunged to a level of 39580.00 However, it couldn’t sustain its opening level.
Energy: MCX Crude Oil has shown a sudden rise in its trading session of today and opened trading with positive bias at the level of 4844.00 from its previous closing level of 4815.00. The sudden surge in MCX Crude prices may affect the global market and domestic market.
The reason of sudden rise on MCX crude oil prices could be related to Libyan Oil.