Commodity outlook: Crude oil slips as demand dwindles; here’s how others may fare
New Delhi: Crude oil continued to slide on Thursday as demand dwindled in most countries as they have gone under lockdown to check the spread of Covid-19. Precious metals and base metals also fell amid a rush for cash.
Crude oil futures were down 4.13 per cent at Rs 1,878, while gold dipped 1.5 per cent. Silver, nickel and copper were down up to 3 per cent.
Here is how SMC Global expects commodities to trade today:
