Gold Silver Reports ~ MCX Crude Oil Trading Levels 2470-2660. Crude-Oil closed near $38 a barrel in New York as the dollar’s loss eased, reducing the appeal of crude as a store of value.
Commodity News
Commodity News – Real-time Accurate MCX Commodity Market News and forecast for today. Best commodity market online tips through whatsapp and telegram by Neal Bhai.
The Economy and Direction of Monetary Policy
Gold Silver Reports ~ U.S. stocks declined in thin trading as commodity shares followed crude prices lower, while investors awaited further clues on the economy and direction of monetary policy.
Fed Statement Reports “Weak” Economic Growth
Gold Silver Reports ~ Gold snapped a three-day losing streak after Federal Reserve officials held off from raising borrowing costs and scaled back forecasts for how high interest rates will rise this year.
Crude Oil MCX Trading Levels 2405 – 2525
Gold Silver Reports ~ Crude MCX settled down -1.72% at 2457 extending losses as a monthly report from OPEC provided further signals of a widening gap between supply and demand on energy markets worldwide.
Natural Gas MCX Range 107 to 117
Gold Silver Reports – Natural gas on MCX settled down -3.12% at 111 as warmer temperatures in the Northeast and Midwest last week cut demand for natural gas sharply.