Except gold futures, crude oil, silver and copper futures on the national bourses turned higher on week ended on Friday mainly following the firm trend in the overseas markets. Gold futures on MCX finally settled marginally higher following strong crude oil prices.
As for Moly, prices averaged $34 per pound during the first half of 2008, an increase of 21 per cent compared with 2007 first half.
All in all I am very confident heading into the fall. Our SP should feel the benefits soon