Wednesday, 23 September 2015

Most Accurate Mcx and Commodity Market Tips Provider

Gold fell 1 percent on Tuesday, pressured as the dollar strengthened on renewed expectations that the Federal Reserve will raise U.S. interest rates for the first time in nearly a decade.

Silver down 2.6 percent at $14.77 an ounce. We expect silver prices to trade negative on the back of US interest rate outlook.

Brent settled up on Tuesday, while U.S. crude finished down 2 percent but off its lows after a partial pipeline outage and bets of positive U.S. inventory data helped oil offset skittish sentiment in financial markets.

U.S. natural gas futures ended slightly higher for the first day in six on Tuesday, closing just above Monday's five-month low, on forecasts for mild weather over the next two weeks with little cooling or heating demand as autumn approaches.

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