Tuesday, 22 September 2015

Best and Free Mcx and Commodity Tips Provider

Gold dropped as strength in stocks and the dollar dampened a rally fueled by the Federal Reserve's decision last week to keep U.S. interest rates on hold.

Silver traded in the range with little to spur investors as they assess the Federal Reserve once again on the likely chance of a rate hike next month.

Crude rallied more than 2% erasing Friday's massive sell-off, amid indications that US shale producers are continuing to slash output.

Copper edged higher as investors turned their attention to an index of manufacturing activity from China due later in the week.

Natural gas prices dropped as demand for the fuel was likely to remain limited after meteorologists predicted mild fall weather in the week ahead.

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