Market Update

Market Watch

Friday, 14 November 2014

Mcx Tips Watch Live Market; Gold set for third weekly drop

Money CapitalHeight is an ISO 9001-2011 Registered Company. Company have a highly qualified and experienced analysts, who deliver their expertise in providing Mcx bullion Tips for traders. All services are provided through SMS and Instant Messenger. Take a Free Trial of our MCX Bullion Tips and Commodity Tips and gain sustainable profits in MCX and Commodity Market. For 2 Days Free Trial, please visit our site at www.capitalheight.com/bullion-premium.php or Call at 0731-6615050.
====================================================
Gold eased on Friday was likely to finish lower for a third week in four, as a resilient dollar and strong U.S. economic data undercut bullion's appeal as a hedge. Spot gold shed 0.3 percent to $1,158.32 an ounce by 0329 GMT and is down 1.5 percent for the week. It has failed to recover strongly from a 4-1/2-year low of $1,131.85 hit last week, on steady outflows from gold-backed funds.
The dollar rose to a fresh seven-year high against the yen on Friday,
bolstered by rising Japanese equities amid speculation that Japan's leader would call an election and delay a sales tax hike. The greenback was holding close to a four-year high against a basket of major currencies.The bearishness in bullion's outlook was reflected in holdings of SPDR Gold Trust, the world's top gold-backed exchange-traded fund.
Oil prices fell about 3 percent on Thursday to four-year lows after government data showed US crude stockpiles surged at the delivery point for crude futures. The declines compounded losses from Wednesday after comments by the Saudi oil minister raised fears the world's top oil exporter will not agree to output cuts at the Organization of the Petroleum Exporting Countries' meeting on November 27.

2 comments:

  1. Epic Research is a leading financial advisory firm who gives intraday and positional calls for all those traders who want to invest in the market.

    ReplyDelete
  2. CS ENERGY CALL : SELL NATURAL GAS OCT BELOW 186.30
    TG 184.80/184.50/184.20
    SL 188.80
    capitalstars past performance

    ReplyDelete