Latest Updates & News For Traders

Important News For MCX Traders

Gold - 25964

Silver - 43303

 

MCX has enabled the Indian Corporate Sector, SMEs and MSMEs to hedge against commodity price volatility by providing more than 95% price correlation with global markets.

 

Globally, MCX is
- No.1 in Silver and Gold - No.2 in Natural Gas - No.3 in Crude oil

 

 

 

It was the broader implications of the Cyprus situation that triggered the initial safe-haven interest in gold; once again, it is the concern that other central banks could be asked to dispose of their gold to deal with financing needs that has pressured prices lower.

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