MCX Gold Silver Crude Tips COMEX Trend

MCX Gold fell to its lowest price in more than 2-months, as worries about continued contraction in manufacturing in both the euro zone and China triggered a broad sell-off in the entire commodities space. MCX Gold is still in a downtrend. The trend for Silver at mcx is down. One can go for sell in silver and gold. MCX copper other metal prices extended their bearishness, on mounting concern that demand is weakening after manufacturing contracted in China to Europe. Copper futures for May delivery closed down by 2.1% at $3.7655 per pound on the COMEX of the New York Mercantile Exchange. Crude oil futures declined at earlier session but now it gained.