MCX Crude oil is witnessing a sharp upside movement today in Indian commodity market. Crude oil is trading up at around 5030. International crude oil is also moving upside. American energy department's report is scheduled today. Just before the meeting of US Fed the gold and silver are trading consolidate today. Gold and silver are trading at around their previous closing levels of yesterday. Currency also could not support the bullion metals. Live Gold is trading around 27200 while silver is at 38200. Base metals are facing bearish trend today after the upside bullish movements of yesterday.
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