Live Quotes National Commodity & Derivatives Exchange Limited
It is committed to provide a commodity Exchange platform for market participants to trade in a wide spectrum of commodity derivatives. The Exchange, which started operations in November 2003, operates under the regulatory framework of Securities and Exchange Board of India . Trend was markedly indecisive caught between spot demand ahead of approaching marriage season and lesser appeal as a currency hedge in the wake of a firm dollar following a spate of positive USeconomic data. However, it is likely that traders may find more value in gold as an inflation hedge in the wake of oil near $85/bbl and base metals at multi month peaks. With interest rates being raised systematically, gold may be better poised to meet the inflation hedge requirement of traders and gold may edge higher…