Commodity Trading Tips : Gold, Silver Trade Flat In Early Trade

Gold and Silver futures on the Multi Commodity Exchange (MCX) were trading on a flat note in early trade on Tuesday on the back of subdued demand of precious metals from jewellers, industries and retailers. 
The yellow metal was trading 0.03 per cent, or Rs 10, down at Rs 28935 per 10 gram, while the white metal was trading 0.08 per cent, or Rs 34, down at Rs 42,395 per 1 kg. Precious metals prices declined for the third straight session on Monday, but hovered above Frid . 

Zink :

Zinc futures traded 0.70 per cent lower at Rs 184.55 per kg on Monday after speculators trimmed positions, tracking a weak trend at the domestic spot market. 

In futures trading at Multi Commodity Exchange, zinc for delivery in current month declined by Rs 1.30, or 0.70 per cent, to Rs 184.55 per kg. It clocked a business turnover of 669 lots. 

Lead :

Amid sluggish domestic demand and profit-booking by speculators, lead prices softened 0.83 per cent to Rs 149.30 per kg in futures trade. 

At Multi Commodity Exchange, lead for delivery in March month moved down by Rs 1.25, or 0.83 per cent to Rs 149.30 per kg in business turnover of 434 lots.

Copper :

Copper futures traded 0.35 per cent lower at Rs 397.10 per kg as speculators offloaded bets.At the Multi Commodity Exchange, copper for delivery in April shed Rs 1.40, or 0.35 per cent, to Rs 397.10 per kg, in a business turnover of 831 lots. 

Crude palm oil :

Crude palm oil prices were up by 1.11 per cent to Rs 545.60 per 10 kg in futures trade today as speculators indulged in enlarging positions, driven by a firm demand at the spot market. 

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