Crude jumps almost 10% on short covering; jewelers await demand pick up as gold tanks
Mumbai: Some of the biggest traders on commodity bourse MCX were caught on the wrong foot being cumulatively short crude oil, which jumped 9% intraday Monday on news of Pfizer’s Covid vaccine trial being 90% effective in preventing outbreaks. At end of trading Friday top 10 clients were cumulatively short by 2825 contracts against their […]