Gold:- The overall trend of Gold is Bullish. Few outcomes of US data does hurt the bullish trend for now, but inflation will be the important factor for the Gold. Last week US fed kept the interest rate unchanged, which is a positive for the Gold. But they also said that the inflation could raise... Continue Reading →
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Oil dips away from 2015 highs as rising US output weighs on outlook
Oil prices on Friday dipped away from 2015 highs reached the previous session, weighed down by rising U.S. output and the expected January re-opening of the Forties pipeline in the North Sea. Dealt volumes of crude futures were declining fast as traders closed positions ahead of upcoming Christmas and New Year breaks. U.S. West Texas... Continue Reading →
Oil range-bound as disruptions offset by rising US output – Commodity Trading Tips
Oil markets edged up on Tuesday as the Forties pipeline outage in the North Sea and voluntary production restraint led by Opec supported crude, although soaring output in the United States put a cap on gains. US West Texas Intermediate (WTI) crude futures were at $57.30 a barrel at 0319 GMT, up 14 cents from... Continue Reading →
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Commodity Market Bullion Premium Tips | Silver
Bullion Premium Services Silver futures fell in American trade to the lowest since August 8, heading for the worst weekly performance since July even as the dollar index lost ground following an array of data from the US the world's largest economy. Political concerns mounted amid accusation by the FBI against former Trump national security... Continue Reading →
Commodity Market | Gold, Silver up in Today’s Trade
In Commodity Market Tips Gold and silver were trading on a flat note with a positive bias in morning trade on account of some buying in precious metals by investors, industries and jewellers. Here in MCX Market Tips MCX Gold futures were up 0.02 per cent, or Rs 5, at Rs 29,228 per 10 gram... Continue Reading →