MCX Copper Tips For Today: Real Time MCX Copper Forecast for Today: Free Copper Trading Tips, MCX Copper Intraday Calls, Copper Price, Copper Market Commodity Trading Tips.
Neal Bhai
Jerome Powell-led FOMC meeting begins today
The US Federal Reserve began its deliberations for the latest monetary policy decisions today, December 17, and will announce its new benchmark interest rate decision on Wednesday, December 18. The US central bank will conduct its two-day Federal Open Market Committee (FOMC) meeting amid analysts’ expectations of another quarter-point rate cut for the second straight time.
![Gold Tips Today [18-12-2024]: Bullion prices fall this week so far](https://www.goldsilverreports.com/wp-content/uploads/2021/03/Gold-bolls-24032021.webp)
Gold Tips Today [18-12-2024]: Bullion prices fall this week so far
Gold Tips Today: gold and silver remains under pressure as gold February futures contracts at MCX extended losses on Wednesday, opening flat at Rs 76,852 per 10 gram, which is down by 0.02% or Rs 19 while silver March futures contracts were trading at Rs 90,700/kg, down by 0.19% or Rs 175.
Gold prices fall ahead of Fed meeting
Gold prices: “After a slight recovery at the beginning of the week, the price is falling further today. The main obstacle is the sharp rise in US bond yields, which is increasing the opportunity cost of holding gold. Behind this is the reduction in expectations for Fed interest rate cuts in the coming year.”
Gold prices hit 2-week high, rises to Rs 78,978 per 10 gram ahead of US inflation data
Gold prices surged past Rs 78,978 to a two-week high on Wednesday, driven by rising geopolitical tensions and expectations of a U.S. Federal Reserve rate cut next week, as investors awaited the closely watched U.S. inflation report later in the day.
Silver and Copper Exploded As Expected
Neal Bhai MCX Silver Tips – Free Silver Tips today with target & stop loss, Top class expert advice, mcx silver commodity intraday trading tips, Silver price target today & jackpot tips by neal bhai.
Gold Forecast: Prices rise as China buys gold
Spot Gold Forecast: Gold price rallied by a gap of $10 in early trade on Monday, driven by the geopolitical situation and fresh buying demand.
Nifty Big Support Near 23,100
The Nifty was down over 11% from its record highs of 26,277 through yesterday’s lows in what has been a correction that has been greater than the length of every decline the market has experienced since the troughs seen in Jun’22. Today, the market jumped 2.4% – the biggest such move since June 5
th – in a move that could have upside ramifications.
MCX Copper sees Huge Surge as Expected, 811 To 830
Copper Outlook: China’s refined copper output in the first nine months rose 5.4% year-on-year to 10.04 million tons, reflecting stable domestic production. The global refined copper market showed a surplus of 54,000 metric tons in August, down from 73,000 metric tons in July.