Comex Gold prices slipped to hit a low of 5093$, Silver prices slipped to 84.98$
MUMBAI, 25 FEBRUARY: Bullions and Oil prices came under selling pressure after Iranian deputy foreign minister Ravanchi said that his country is ready to take any necessary step to reach a deal with US. Meanwhile, the US Senator Ted Cruz also said that it is likely that we will see limited strikes within days, and we will not see ground forces on the ground. Comex Gold prices slipped to hit a low of 5093$/oz whereas Silver prices slipped to 84.98$/oz. WTI Oil prices slipped to 65.55$/bbl but prices continue to hold on to its recent gains. Markets will await further clarity as both the sides are likely to enter another round of talks.
COMMODITIES
| GOLD SPOT: | $5185.8 (+0.9%) |
| SILVER SPOT: | $89.43 (+2.6%) |
| WTI OIL: | $66.26 (+0.2%) |
| US Nat. gas: | $2.84 (+0.2%) |
| US Copper: | $6.00 (+1.0%) |
Currencies offshore
| US DOLLAR: | 97.75 |
| USDINR: | 90.85 |
| EURINR: | 107.10 |
| GBPINR: | 122.77 |
Markets will react to comments from Trump when he addresses the US congress. Comments on the US economy, interest rates and geopolitics will be crucial.
Economic data & events:
| 3:30PM | US Final Core CPI y/y (F: 2.2% P: 2.2%) |
| 3:30PM | US Final CPI y/y (F: 1.7% P: 1.7%) |
| 9:00PM | US Crude Oil Inventories (F: 1.8M P: -9.0M) |
| 8:00PM | US FOMC Member Barkin Speaks |
(Disclaimer: The information provided here is investment advice only. Investing in the markets is subject to risks and please consult your advisor before investing.)
(સ્પષ્ટતા: અત્રેથી આપવામાં આવતી તમામ પ્રકારની માહિતી કોઇપણ પ્રકારે રોકાણ/ ટ્રેડીંગ માટેની સલાહ નથી. બજારોમાં રોકાણ જોખમોને આધીન છે અને રોકાણ કરતા પહેલા કૃપા કરીને તમારા સલાહકારની સલાહ લો.)
