MCX Commodity Updates

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Yesterday in spite of economic data showing fall in the Economic Sentiment over the Euro Zone area for the month of June, 2011 Euro rose against the dollar by 0.61 percent to close at $1.4395 from $1.4308 on 20th June, 2011. Speculation of avoiding the Greece default and expectation to win confidence vote supported the Euro while fragile housing data dissipated from U.S. pressurized the greenback and Dollar Index extended to end in red yesterday and fell by 0.53 percent to 74.62 from 75.02 on 20 th June, 2011.


COMEX Gold Aug futures continued to end in green yesterday on weaker dollar and also on uncertainty prevailing around the Greece confidence vote and they rose by 0.29 percent to close at $1,546.4 per troy ounce from $1,542.0 per troy ounce on 20th June, 2011.

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