Life @ TradeIndia Research

Friday, 15 July 2016

Free Base Metal Tips with Commodity News

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 silver crude oil
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.

No comments:

Post a Comment

Commodities are powered by India