Thursday, 1 October 2015

Mcx Commodity Market Trading Tips and Advice

Gold dropped dragged lower by a rising US dollar amid growing expectations that interest rates in the US will go up by the end of this year.

Silver prices dropped as optimistic U.S. employment data bolstered hawkish arguments for an interest rate hike by the U.S. central bank.

Crude oil prices dropped after data showed that oil supplies in the U.S. rose more than expected last week, underlining concerns over weak demand.

Copper prices ended with gains as bearish investors closed out positions at the quarter-end and ahead of Chinese holidays.

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