Life @ TradeIndia Research

Monday, 19 December 2016

Gold Silver Crude Gained while Copper Price Fell

Market Highlights
Gold gained as dollar and U.S. stocks dipped at the end of a volatile week highlighted by the Fed’s signal that there could be more rate hikes.

MCX Free Tips: Silver gained on short covering after prices dropped in previous session due to the higher dollar after the U.S. Federal Reserve meet.

Crude oil gained as support seen after Goldman Sachs boosted its price forecast for 2017.
mcx free tips

Copper prices fell as rising stocks in London Metal Exchange warehouses and signs of softer demand from major consumer China.

Trading Idea
  • Gold trading range for the day is 26840-27428.
  • Silver trading range for the day is 38867-40337.
  • Crudeoil trading range for the day is 3387-3589.
  • Copper trading range for the day is 379-395.2.

BELOW 183.20 

1 comment:

  1. Sensex closed almost a 2-week low of 26,375 . concerns over hovering crude costs and absence of any market-transferring event weighed on sentiment

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