The US Federal Reserve’s decision to not raise interest rates after the strong rally in gold is seeing. Comaks gold rose 2.25 per cent is trading at $ 1258. While silver is also seeing a boom. With 2.3 per cent growth Comaks silver has reached $ 15.6. The same with a gain of 1.5 per cent on MCX gold is trading at Rs 29400. Silver with a gain of 1.5 percent fell to 37 450 rupees.
The boom in Crude Oil-
Crude oil prices also gained, with gold being. Brent crude crossed $ 40 for about 2 per cent, while WTI crude above $ 39 is Karebar. Qatar is going to be a meeting of oil producing countries, which is expected to agree on production cuts. The domestic market is also seeing a rise in crude oil. With nearly 3 per cent on MCX crude oil has reached Rs 2620.
Boom in Agri commodities-
At the Multi Commodity Exchange, mentha oil for more than 0.25 per cent is trading at Rs 873.3. NCDEX guar seed at Rs 3075 with a gain of 0.5 per cent is reached.
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