Bullion Mcx Tips Morning Live Market Updates by CapitalHeight

In Mcx Gold ticked higher on Thursday to trade just above $1,300 an ounce as buyers emerged after a recent sharp drop in prices, but it was still near a four-week low as investors weighed the possibility of a sooner-than-expected hike in U.S. interest rates. Higher rates would encourage investors to withdraw money from non-interest-bearing assets such as gold. 

Gold price eased slightly in Asia on Thursday with remarks by Federal Reserve Chairwoman Janet Yellen being digested for hints on the timing of higher rates. On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at 1,299.10 a troy ounce during U.S. trading, up 0.15%, up from a session low of $1,294.10 and off a high of $1,304.30. The August contract settled down 0.73% at $1,297.10 on Tuesday.
Crude oil prices held gains into Asia on Thursday after bullish U.S. stockpiles data bolstered views of solid demand. West Texas Intermediate crude oil for delivery in August traded at $101.39 a barrel, up 0.18%, after hitting an overnight session low of $99.95 a barrel and a high of $101.39 a barrel.The global Brent oil contract lost 0.2% to $105.85 a barrel, on the last day of trading for the expiring August contract.

Money CapitalHeight Research Pvt. Ltd is one of the best companies which assure for great benefits to the small investors or individual investors without having any worry about others. We are providing Mcx Tips, Free Intraday Mcx Tips, Mcx Trading Tips, Bullion Tips, Nifty Option Tips, Live Tips, Commodity Tips on mobile .For more info: www.capitalheight.com/bullion-premium.php or call us on 9993066624 and 0731-6615050.