Wednesday after a sharp decline in the global market there is still pressure on gold. Trick of gold in the domestic market is very dull. MCX gold is trading around Rs 26,600. While silver is trading below Rs 43 700. Wednesday evening’s session MCX gold was down around 500 gold. While silver fell by Rs 1,500.
Crude oil is trading under pressure. Wednesday, after a decline in the domestic market in crude oil has recovered slightly lower levels. Today the ECB’s interest rate decision is expected before the Nymax crude oil slipped 0.25 per cent, has come down to $ 90.8. 0.2 per cent of the MCX crude oil is trading at Rs 4880.