INTERNATIONAL COMMODITY NEWS :
Gold futures plunged to six-year lows amid a stronger dollar, as traders brace for a likely interest rate hike by the Federal Reserve next month in a major policy shift that could dampen long-term optimism for the precious metal. On the Comex division of the New York Mercantile Exchange, gold for December delivery traded in a broad range between $1,051.20 and $1,072.60 an ounce, before settling at $1,057.10, down 12.90 or 1.21% on the session.
BUY GOLD ABOVE 1065 TARGET 1070 1076 SL 1059
SELL GOLD BELOW 1055 TARGET 1050 1044 SL 1061
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Gold futures plunged to six-year lows amid a stronger dollar, as traders brace for a likely interest rate hike by the Federal Reserve next month in a major policy shift that could dampen long-term optimism for the precious metal. On the Comex division of the New York Mercantile Exchange, gold for December delivery traded in a broad range between $1,051.20 and $1,072.60 an ounce, before settling at $1,057.10, down 12.90 or 1.21% on the session.
BUY GOLD ABOVE 1065 TARGET 1070 1076 SL 1059
SELL GOLD BELOW 1055 TARGET 1050 1044 SL 1061
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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