Wednesday, 18 June 2014
Free Mcx Tips with Live Market Updates: Gold prices ease in Asia
Gold: Gold prices eased slightly in Asia on Wednesday in mild profit taking with the focus on the upcoming Federal Reserve announcement. On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at $1,271.50 a troy ounce, down 0.04%, after hitting an overnight session low of $1,259.00 and off a high of $1,273.50.
NYMEX crude prices up in Asia: Crude oil prices gained on Wednesday in Asia after industry data showed a sharp drop in U.S. crude oil stocks. On the New York Mercantile Exchange, West Texas Intermediate Crude Oil for delivery in August traded at $106.03 a barrel, up 0.15%, after hitting an overnight session low of $105.47 a barrel and a high of $106.67 a barrel.
Natural gas extends gains: On the New York Mercantile Exchange, natural gas futures for delivery in July traded at $4.728 per million British thermal units during U.S. trading, up 0.45%. The commodity hit a session high of $4.673 and a low of $4.739. Natural gas futures were likely to find support at $4.669 per million British thermal units, Monday's low, and resistance at $4.886, Monday's high.
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