Gold Silver Reports ~ After the bullish trend seen for most Agri counters over last few days, profit booking at the higher levels brought some dips to the rising prices. Rising arrivals of new Rabi crop too helped pressurize prices.
Commodity News
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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.
Base Metals Trand Sideways on Mixed Fundamentals
Gold Silver Reports ~ Base metals may trade sideways on mixed fundamentals. Copper MCX may trade in range of
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.