Gold prices fell as Fed said it may need to climb rates
three times in 2017 as it made a widely expected nudge up in its policy rate.
MCX Free Tips: Gold trading range for the day is 26607-27607. SPDR gold trust
holdings dropped by 0.84 i.e. 7.11 tones to 842.33 tons from 849.44 tones.
Silver dropped as the dollar surged to its highest in 14
years after the U.S. Federal Reserve increased interest rates. Silver trading
range for the day is 37700-42134. Holdings at ishares silver trust dropped by
0.70% i.e. 73.74 tones to 10534.54 tons from 10608.28 tones.
Crude Oil dropped on the back of a broadly stronger U.S.
dollar after the Federal Reserve increased interest rates for the first time in
a year. Crude oil trading range for the day is 3352-3564.
Copper remains supported despite a stronger dollar and signs
of mounting supply in London Metal Exchange warehouses. Copper trading range
for the day is 383.6-398.6.
Equity Tips CALL:- SELL TATA STEEL FUTURE
BELOW 419.00
TG1-417.50
TG2-415.00
SL-422.00.
No comments:
Post a Comment