MCX Gold Market 12 July

Gold MCX rise for a sixth day on Monday in its longest stretch of gains since March, driven by investor concerns over the potential spread of the euro zone debt crisis. The currencies report for euro market is that Euro seen to fell by more than 1 percent in compare to the dollar, which hit two-week highs against a basket of currencies. Copper fell on Monday as concerns over Italy's sovereign debt curtailed appetite for risky assets, but a series of strikes in producer countries highlighted supply constraints and lent support to prices. Oil fell on Monday in choppy trading as concerns about a widening euro zone debt crisis and a drop in Chinese crude imports rekindled concerns about a demand slowdown.