Gold / Silver Pani Pani Enjoy Dhanteras With Good Profit
MCX Gold 38580 To 38310
MCX Silver 47100 to 46613
Gold / Silver Pani Pani Enjoy Dhanteras With Good Profit
MCX Gold 38580 To 38310
MCX Silver 47100 to 46613
Markit also reported that Germany’s factory sector remained in contraction, raising concerns over the global economy. The German IHS Markit PMI for manufacturing rose marginally to 43.6 in August, from 43.2 in July. Meanwhile, services PMI hit a seven-month low level of 54.4 as against the previous month?s reading of 54.5 and 54 anticipated.
Copper on MCX settled down 1.08% at 445.45 amid market expectations of a U.S. rate cut and as U.S. and Chinese officials meet in Shanghai to discuss their year-long trade dispute.
MCX Nickel settled up 1.15% at 945.9 boosted by supply worries from major producer Indonesia. Shanghai nickel surged as much as 3.1% to 106,620 yuan a tonne, its highest since Sept. 3, 2018, but retreated slightly later in the session to close 2.4% higher.
Nickel futures traded 1.14 per cent higher at Rs 902 per kg on Thursday after traders enlarged positions amid pick up in spot demand at domestic markets.