Market Update

Market Watch

Thursday 18 December 2014

Mcx Tips; Gold recovers on seasonal demand

We at CapitalHeight have launched the Bullion Premium Tips especially for those people who prefer to do trade in huge amounts and multiple lots. Get Latest Trends and Updates of Mcx Tips & Commodity Market with our excellent services in accordance with the comfort levels of all traders and investors in stock market. For more details visit www.capitalheight.com/bullion-premium.php or please call our 24/7 Customer Care Support us at +91 9993066624, 0731-6615050.
=====================================================
In Mcx Gold prices eased on Thursday in Asia as the Federal Reserve's outlook on rates weighed, though support on holiday demand remained. On the Comex division of the New York Mercantile Exchange, gold futures for February delivery traded at $1,190.20 a troy ounce, down 0.36%, after hitting an overnight session low of $1,191.00 and off a high of $1,203.00.
Overnight, gold futures dipped on Wednesday as investors jumped to the sidelines ahead of the Federal Reserve's statement on monetary policy later in the session. Gold futures dipped on Wednesday as investors jumped to the sidelines ahead of the Federal Reserve's statement on monetary policy later in the session. On the Comex division of the New York Mercantile Exchange, gold futures for February delivery were down 0.06% at $1,193.60, up from a session low of $1,191.00 and off a high of $1,203.00.
The February contract settled down 1.11% at $1,194.30 on Tuesday. Futures were likely to find support at $1,187.80 a troy ounce, Tuesday's low, and resistance at $1,225.00, Monday's high. Consumer prices were 1.3% higher on a year-over-year basis, just shy of expectations for a 1.4% reading after a 1.7% increase in October. 

3 comments:

  1. Informative MCX market news always given by Epic Research. It's a good opportunity for everyone that they can join this advisory and take the advantages.

    ReplyDelete
  2. Adani Enterprises: still at odds with Queensland over royalty for Australian mines
    CapitalStars

    ReplyDelete
  3. Precious metal rates gained on this Monday as the dollar slid next to the other main currencies in the Asia, but remained at its four- month highs of on top of the 92 level.
    Free Commodity Tips

    ReplyDelete