MCX Gold February futures are trading flat at Rs 28,570 per 10 grams after hitting a high near Rs 28,700 levels.
Gold, Silver, Crude Oil, Brent Oil have gained, while US Soybeans is the only loser.
MCX Gold futures closed around Rs 28,570 per 10 grams yesterday, sliding 0.8 percent on the day. Expect a steady recovery in the futures today.
WTI Crude Oil stayed weak and lingered around its three week low after the US EIA reported a build of 2.3 mn barrels for the week to Jan 13, to a total of 485.5 mn barrels.
In Maharashtra, a total of 149 sugar mills started crushing for 2016-17 SS.
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Agri Commodities Preview: Average cost of sugar production up Rs 3-4 per kg