Monday 4 December 2017

Gold, Silver Trade Flat & Crude Prices Inch Up On Drop In US Stockpiles

Oil markets nudged higher on Tuesday, buoyed by expectations of a drop in US crude stockpiles and after last week's deal between OPEC and other crude producers to extend output curbs. International benchmark brent crude futures were trading up 6 cents, or 0.1 per cent.

Gold and silver were trading almost flat in the morning trade on Tuesday on account of subdued demand for precious metals by jewellers, industries and retailers. MCX Gold futures were trading unchanged at Rs 29,027 per 10 gram, while MCX Silver futures were up 0.04 per cent at Rs 37,510 per 1 kg. According to SMC Investments and Advisors, bullion counter may trade with sideways path as movement of greenback and risk sentiment to give further direction to the prices. For More Information About Commodity Market Tips Please Visit : www.paceresearchindia.com and Call : 8817774774

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