Accurate calls based on daily analysis of market and trends by highly experienced team, for profitable free base metal tips call at +91-7415033556.
Gold fell to a two-week low on Thursday as global equities
stayed in positive territory after the Bank of England (BoE) surprised
investors by leaving interest rates unchanged. Gold touched a two-year high of
$1,374.91 last week, after Britain voted to leave the European Union, as
worried investors started putting their cash into safe-haven assets. We expect
gold prices to trade sideways on the back of short covering after slump in
prices.
Silver fell 0.4 percent to $20.25 an ounce.
Crude Oil prices rose 2 percent on Thursday as traders
covered short positions a day after crude futures were hammered by data showing
weak U.S. fuel demand in a busy summer driving season that heightened fears
about a global oil glut. We expect crude oil prices to trade negative on the back
of inventory buildup.
Website: http://www.tradtips.com
No comments:
Post a Comment