Bullions: Its second day in a row where the MCX Silver continued opening with negative sentiment and plunged at the level of 38120.00 from its previous closing level of 38294.00. In its early trading hour, it couldn’t sustain its opening level and plunged to a level even below. The MCX Silver touched the low of 38073.00.
With this rate, there is a possibility of seeing it to below 38k-mark.
The MCX Gold also opened on a negative note at the level of 29800.00 from its previous closing level of 29885.00.
Energy: There is not much improvement in the MCX Crude Oil which showed the same flat sentiment as was in previous trading session and once again opened mildly above the previous closing level of 4699.00 to 4719.00.