Tuesday, 8 September 2015

Best and Free Mcx and Commodity Tips Provider

Gold prices struggled for direction as stock markets firmed and the dollar steadied, and after U.S. payrolls data failed to provide clarity on the timing of Fed’s rate hike.

Silver prices down amid ongoing uncertainty about whether the Federal Reserve will increase interest rates later this month.

Crude oil dropped hit by weaker Chinese equities and record North Sea crude production data that added to global oversupply concerns.

Copper gains as support seen after Glencore announced plans to shut down loss making mines to help to reduce a glut of supply.

Zinc prices ended with losses ahead of forthcoming Chinese economic data that could point to further economic weakness.

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