Saturday, July 20, 2013

Gold Rise for second straight week on stimulus outlook || Base metals sluggish copper may pick up on industrial demand

Commodity GoldGold Weekly Roundup: Gold futures rose, capping the second straight weekly gain, as Federal Reserve Chairman Ben Bernanke signaled that the pace of U.S. monetary stimulus probably will be maintained. Gold futures for December delivery rose 0.7 percent to settle at $1,294 an ounce on the Comex. Last week, the metal jumped 5.4 percent, the most since October 2011. Silver futures for September delivery rose 0.4 percent to $19.46 an ounce on the Comex. The price, down 1.7 percent this week, has tumbled 36 percent in 2013.

Copper Metals Weekly Sound:- Base metals were stagnant during the Friday LME pre-market, treading water and looking for direction. Copper at $6,874 per tonne was down $26 on the previous day’s close, while stocks declined for the third consecutive day, down a net 2,275 tonnes to 638,325 tonnes. Cancelled warrants were also lower – at 334,175 tonnes they lost 2,425 tonnes. Nickel at $13,953 declined $47 despite a 108 decline in stocks to 196,062 tonnes and cancelled warrants rose 642 tonnes to 26,910 tonnes. Lead at $2,030 was $6 lower with no changes in stocks.


Unknown said...

Finally, there are experienced commodity advisories agents, who are established and experienced who will provide the free commodity tips and commodity trading services for their clients. For more information and details, visit their valuable website for free trial -

mcx tips today said...

BUY SILVER SEPTEMBER ABOVE 41000 TGT 41100, 41200, 41300 STOPLOSS 40800
mcx gold tips and
free commodity tips
By click on it

abhishek patel said...

FREE FREE FREE………GET FREE TRIAL ON Mcx Live, Commodity trading Tips, stock Tips, Trading calls, MCX Tips, ncdex tips, mentha oil price, cotton updates, gold and silver updates, stock tips, nifty calls.
Gold silver Calls

rishi gupta said...

Get 15 Days Free Trial on Nifty, SENSEX, Equity Intraday and Today 22/07/2013 Indian Share Market Updates and tips Calls Click on Nifty Share Tips and Tomorrow Equity Tips

Unknown said...

nifty intraday tipsi like your content writing........ indian stock market today & cash tips

Post a Comment

Note: Only a member of this blog may post a comment.

Twitter Delicious Facebook Digg Stumbleupon Favorites More

Design by Free WordPress Themes | Bloggerized by Lasantha - Premium Blogger Themes | Best Hostgator Coupon Code