Bullion: Bullion futures contracts extended overnight gains on domestic exchanges today tracking prices on the COMEX as easing concerns over Eurozone pushed the euro to a one month high against the dollar, in turn supporting gold. However, firm rupee in the first half of the session capped the rise in domestic bullion prices. The Indian unit declined later, but ended tad up.
Energy: Crude oil futures tumbled into negative territory Wednesday evening after the weekly oil inventory report showed a bigger-thanexpected build in oil stocks. The weekly U.S. oil inventory report was expected to show a build of 1.3 million barrels. But the report instead showed a build of 2.86 million barrels.
Metals: Base metals on the MCX moved higher tracking London Metal Exchange, where market remained cautious ahead of the release of China's third quarter gross domestic product data on Thursday. China's GDP is important for the metals market as the country is the world's largest consumer of the commodity.
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