INTERNATIONAL COMMODITY NEWS :
BUY GOLD ABOVE 1265 TGT 1270 1276 SL BELOW 1259
SELL GOLD BELOW 1257 TGT 1252 1246 SL ABOVE 1262
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- The price of copper gained by 0.90 per cent on Tuesday afternoon market pertaining to strong demand in domestic market. A firm trend in the base market at the London Metal Exchange backed by a rise in crude oil price and increase in demand in China market has influenced copper price in future trades.
- Gold prices were trading flat on Tuesday as investors await more clarity on the US interest rate outlook. Prices rose as expectations that the Federal Reserve will keep interest rates on hold for some time to come underpinned investor demand for the precious metal.
- Crude oil prices rose by 0.41 per cent on Tuesday ahead of a meeting of oil producers in Doha next Sunday aimed at freezing current output levels. The market received a small boost ahead of the settlement as a US government forecast released said US shale oil production is expected to fall for a seventh month in a row in May.
BUY GOLD ABOVE 1265 TGT 1270 1276 SL BELOW 1259
SELL GOLD BELOW 1257 TGT 1252 1246 SL ABOVE 1262
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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