Market Update

Market Watch

Friday 20 June 2014

Afternoon Mcx Market Tips Updates for Indian Share Trading

In Mcx Market Brent crude slipped 8 cents to USD 114.98 a barrel at 0333 GMT, after ending 80 cents higher at USD 115.06 a barrel, the highest settlement since Sept. 9, 2013.The contract settled 46 cents higher in the previous session, but was on course for a third weekly decline in four.
Gold futures for August delivery traded at 1,318.50 a troy ounce during U.S. trading, up 3.60%, up from a session low of $1,275.90 and off a high of $1,319.10.The August contract settled up 0.06% at $1,272.70 on Wednesday. Gold futures for August delivery traded at 1,318.50 a troy ounce during U.S. trading, up 3.60%, up from a session low of $1,275.90 and off a high of $1,319.10.
Total U.S. natural gas storage stood at 1.719 trillion cubic feet. Stocks were 706 billion cubic feet less than last year at this time and 851 billion cubic feet below the five-year average of 2.570 trillion cubic feet for this time of year. Demand for natural gas tends to rise in the summer months as warmer temperatures increase the need for gas-fired electricity to power air conditioning.

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