MCX Crude Tumbles 6.5% as US-Iran Conflict Escalates
MCX Crude oil prices took a hit on the news of paused US-Iran military strikes. The commodity saw a decline of over 6.5%. On the other hand, MCX Gold trading remained steady with prices above ₹1.44 lakh per 10 gram.
According to Upstox Securities Pvt. Ltd., investors are cautioned against dealing in unsolicited tips and unauthorised collective investments/portfolio management schemes. The exchange has issued a circular dated July 6, 2022, warning investors about the risks associated with such activities.