Gold is trying to get a
small overcome on Thursday after the overnight losses prompted by the Federal Reserve's
decision to pare its stimulus, indicating investors may have already priced in
the U.S. central bank's move.
Copper continues to
decline for the third day as the dollar strengthened after the Federal Reserve
decided to taper its monthly bond purchases, reducing the appeal of industrial
metals as an alternative investment.
Silver for immediate
delivery fell 0.5 percent to $19.6391 an ounce.Silver coins dropped by Rs 1,000 to Rs
85,000 for buying and Rs 86,000 for selling of 100 pieces on fall in demand at
prevailing higher levels.
Find out the latest
updates and news on gold and silver @ www.capitalheight.com
.
Nifty50 index has resistance placed in the region of 9,925-9,930, and if it holds above this resistance zone, the next resistance is placed in the region of 9,960-9,970. capitalstars
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