Gold
A Gold trading range for the day is 28905-29503.
On Thursday, spot gold costs declined by 0.73 percent to
close at $1216 per ounce as costs drop to a 5-1/2-month low on Thursday, giving
up earlier increases as the dollar index knocked a 13-1/2-year high on solid
U.S. economic information and remarks by U.S. Federal Reserve Chair Janet
Yellen that reinforced the case for climbing interest rates one month from now.
Spot gold has shed around 9 percent from the six-week high
came too quickly after the U.S. election on Nov. 9. Join MCX Free Tips given by experts
At the MCX, gold costs declined by 0.86 percent to close at
Rs.29131 per 10 grams.
Silver
The Silver trading range for the day is 40207-41657
Spot silver costs declined by 1.8 percent on Thursday to
close at $16.7 per ounce, the fall in silver costs is in accordance with the
decrease in gold costs and more grounded dollar list.
At the MCX, silver costs declined by 1.21 percent to close
at Rs.40740 per kg.
GOLD – SILVER SPOT RATIO
The gold/silver proportion, which measures the quantity of
silver ounces, expected to purchase an ounce of gold was trading flat on Friday
morning. The gold/silver proportion was trading at 72.83 ounces contrasted and
72.96 ounces on Thursday.
Crude Oil
The Crude oil trading range for the day is 3034-3198.
WTI oil costs declined slightly by 0.3 percent on Thursday
to close at $45.4 per barrels a stronger dollar exceeded desires of an OPEC
arrangement to limit production.
On the MCX, oil costs declined by 0.4 percent to close at
Rs.3109 per barrel. On the MCX, oil costs are required to exchange bring down
today as international markets are trading lower by 0.8 percent at $45.04 per
barrel.
Copper
The Copper trading range for the day is 361.8-380.2.
LME Copper costs exchanged higher by 1.2 percent yesterday
at $5495.5/ton, as inventories are down around 19 percent this month and rose
yesterday interestingly since eighteenth October'16. We also provide Future Tips on mobile after the complete analysis of market.
MCX copper costs exchanged lower by 0.7 percent to close at
Rs.372.7 per kg on Thursday. We predict that MCX Copper costs will trade bring
down today on the MCX.
Toll Free No. 18003157801
Contact No. +91-7415033556
No comments:
Post a Comment