Market Outlook Gold prices edge higher on Wednesday, but stayed near the lowest level in around five weeks as investors worried about future Federal Reserve rate hikes. The precious metal is sensitive to moves in U.S. rates, which lift the opportunity cost of holding non-yielding assets such as bullion. Oil fell to seven-month lows on […]read more..
Guarseed showed bearish movement and found the important support level of 3300. If prices sustains below 3300 level in next trading session then this momentum can take prices to 3250 level. If it breaks the resistance level of 3370 then 3420 will act as next resistance level. Jeera showed bearish movement today and found the […]read more..
Market Snippet Benchmark indices consolidated after opening lower and ended flat investors waited for minutes of a policy meet by the central bank to gauge the direction of interest rates in the months ahead. On the global front muted trend seen in Asian markets following a renewed slump in oil prices to seven-month lows, also […]read more..
Market Outlook Gold prices edged higher on Wednesday, as investors looked ahead to the outcome of the Federal Reserve’s two-day policy meeting, at which it is expected to deliver an interest rate hike. Oil prices fell on Wednesday after industry data showed a build in U.S. crude stocks and OPEC reported a rise in […]read more..
Guarseed showed bullish movement and found the important resistance level of 3490. If prices sustains below 3400 level in next trading session then this momentum can take prices to 3300 level. If it breaks the resistance level of 3500 then 3550 will act as next resistance level. Jeera showed bullish movement today and found the […]read more..