Nickel futures were trading higher during the evening trade in the domestic market on Friday as participants widened
their bets amid a pick up in demand from alloy-makers at the domestic spot market.Further a rise in domestic demand
from alloy-makers at the domestic spot markets buoyed the up trend in nickel prices at the futures trade.
Oil prices eased in early trading on Friday, but remained well above this week's lows as traders covered short positions
after profiting from sharp declines since June.U.S. West Texas Intermediate (WTI) crude futures CLc1 were trading at
$41.81 per barrel at 0029 GMT, down 12 cents from their last close but still up over 6 percent from their low fo the
week on Tuesday.
Gold prices rose to four-week highs on Friday, as the Bank of England’s decision to lower interest rates continued to
support and as investors eyed the release of key U.S. employment data due later in the day.On the Comex division of
the New York Mercantile Exchange, gold futures for December delivery were up 0.23% at $1,370.55.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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