Report on Crude oil, Silver, Copper and Nickel commodities
If you see commodity trading is something that is dependent on many factors and they are not only domestic factors but even lots of international factors play a very important role in the development of these. Market keep on going up and down,, if today they trading positive then there could be negative due to some domestic or international factors that play up. crude oil prices at the present time is a cause of worry for India as Iran is under severe pressure of sanction and most of our oil supply is from Iran. This is a serious issue as ours is a oil driven economy and if oil goes up there will be lots of impact on our daily essentials. This could result in inflation going up a great deal which is not a good sign for us. Though as of now the prices are not very high, but they are climbing and this could seriously impact India if it keeps on going. Once election is over I am sure the new government will take a few steps for improving the situation which is something very important ...