commodity market news
Gold dropped after trading in tight trade as hawkish comments from U.S.
Federal Reserve officials renewed bets on a U.S. rate hike this year.
Base Metal Silver prices slipped lower as the minutes of the Federal
Reserve’s latest policy meeting continued to weigh on the greenback.
Crude oil gains on speculation that Saudi Arabia and other members of
OPEC will agree next month to a production freeze deal with non-OPEC producers.
Copper gained after trading in the range as persistent concern about
excess copper supply in the second half limited the upside.
Zinc gained and remained supported for the week propped up by firm
demand and tighter supply in top market China.
Nickel gains as support seen amid tightening global supplies because of
a mining clampdown in the Philippines and rising demand.
Natural gas
prices ended with losses on expectations that the surplus of the fuel is set to
persist.
MCX Gold Oct-16 --
Pp-31399
S1- 31331 R1-31473
S2- 31266 R2- 31535
SILVER Sep 16-
PP-45551
S1-45141 R1-45829
S2-44881 R2-46174.
Copper Aug 16
Pp- 321.5
S1-320.9 R1-322.9
S2- 319.8 R2-323.6
CRUDE OIL
PP-3232
S1-3211 R1-3251
S2-3193 R2-3270
NATURAL GAS
AUGUST-16
PP-176.0
S1-173.1 R1- 177.6
S2-171.4 R2-180.0
contact us:-8370098946
Commodity market is the well suited for traders to perform trading and get high returns. Epic Research helps traders of commodity market in gaining comex tips.
ReplyDeleteThis comment has been removed by the author.
ReplyDelete