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Commodities Trading Chart:

MCX Gold

29786.0 Net Change -205.0 Open 30036.0 High 30036.0 Low 29786.0 Times 10/05 21:44

International Gold:

1,318.60 Net Change +45.20 Open 1,272.20 High 1,318.60 Low 1,270.00 Times 11/09 09:49

MCX Silver:

44648.0 Net Change 1339.0 Open 43490.0 High 44680.0 Low 43490.0 Times 11/09 10:31

International Crude:

44.57 Net Change -1.47 Open 46.04 High 46.34 Low 44.40 Times 11/09 10:35

India's shock withdrawal of larger banknotes sparks chaos in cash economy: 

Indians struggled to pay for basics goods like food and fuel on Wednesday and wondered how to get hold of their cash, after India suddenly withdrew 500 and 1,000 rupee notes from circulation in a bid to flush out money hidden from the tax man.

The shock measure also sent shudders through the investment community on a day when the markets were also reeling at the prospect of Republican candidate Donald Trump winning the U.S. election.

India's National Stock Exchange share index slumped as much as 6.3 percent in early trade before recovering some of the losses by around noon.

The currency move, announced late on Tuesday night by Prime Minister Narendra Modi, aims to bring billions of dollars worth of unaccounted wealth into the mainstream economy and curb corruption.

It was also designed to stop anti-India militants suspected of using fake 500 rupee notes to fund operations.

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