Gold prices advanced by Rs 350 to Rs 33,650 per 10 gram today as buying by local jewellers gained momentum to meet wedding season demand. Silver too followed suit and […]
Gold prices advanced by Rs 45 to Rs 32186 per 10 gram in futures trade on Tuesday based on reason that speculators increased their bets tracking a strong trend overseas. […]
Crude oil prices have started to move again. NYMEX crude is also above $ 68. Gold is trying to recover, But the prices are still below $ 1190. silver is recovered 0.25 percent today. In Base Metals Copper is weak on London Metal Exchange.
Expert Commodity Advice
SELL GOLD OCT, BUY NICKEL , BUY CRUDE OIL
Nifty touched a new high of 11,620.7, while the Sensex reached new upper levels of 38,487.63. Buying has been seeing in midcap and smallcap stocks. BSE Midcap index gained 0.2% while a slight gain of 0.1% is seen in the Nifty midcap index.
The details of the last meeting of the Federal Reserve are a clear indication that interest rates are rising in the US next month and since then only light recovery has been noticed in the dollar. The impact has seen on the price of gold and silver in the global market