Commodities Live: India Likely To Receive Less Than 92% Rainfall In June, Says IMD

Slight buying was seen in gold today. Gold price on MCX is trading higher at around Rs 59,600 per 10 grams, while silver rose by more than Rs 600. Talking about Agri commodity, then Jeera futures on NCDEX dropped by Rs 43,400. On the other hand, base metals rose by 1-2% on MCX. Apart from this, IMD released its second forecast. IMD predicted less than 92% rainfall in June.