Thursday, August 11, 2011

Mixed effective Seen of Commodity


There are we talk to mixed Seen of Commodity in market  getting that Fears of global economic recession will have a mixed impact on the Commodities .
Economic & Stock market specialist said record braking gold will see new high , industrial metals &crude oil will become cheaper and most agriculture
Commodities will stay flat as fears of another recession grips investors after Standers and poor’s downgraded US debt last week .
     “There is a likely scenario of a double-dip recession with risk  aversion quite & clearly titled in gold “.
There we will talk to gold future are likely to open steady on Wednesday as strong rupees is seen offsetting firmness in the World market, analyst
Said.”The most gold future for October delivery on the Multi Commodity Exchange(MCX)closed 1.94 percent higher at 25,731 rupees per 10 grams in the previous session ,& After hitting a record of 26,198 rupees.
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