INTERNATIONAL CURRENCY BUZZ :
BUY GOLD ABOVE 1226 TARGET 1231 1240 SL 1220
SELL GOLD BELOW 1215 TARGET 1210 1200 SL 1222
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- Copper prices fell by 0.09 per cent on Wednesday after US home resales fell sharply in February in a potentially troubling sign for America’s economy signaling a weak housing market in US world’s largest economy which reduced the demand outlook for the metal.At the MCX copper futures for April 2016 contract were trading at Rs.338.85 per 1 kg down by 0.09 per cent after opening at Rs. 338.50 against the previous closing price of Rs. 339.15.
- Crude oil prices drifted lower in light trade on Friday in Asia with many markets shut globally to mark Good Friday. On the New York Mercantile Exchange, WTI crude for May delivery was last quoted at $39.59 a barrel. Data on U.S. rig counts from Baker Hughes normally released on Friday is unlikely with the U.S. on a public holiday.
- U.S. natural gas futures turned higher in North American trade on Thursday, reversing losses after data showed U.S. natural gas supplies in storage rose less than expected last week.Natural gas for delivery in April on the New York Mercantile Exchange tacked on 0.6 cents, or 0.33%, to trade at $1.800 per million British thermal units by 4:35GMT, or 10:35AM ET.
BUY GOLD ABOVE 1226 TARGET 1231 1240 SL 1220
SELL GOLD BELOW 1215 TARGET 1210 1200 SL 1222
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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