Yellow Metal Losses Sheen As Risk Events Loom

Gold futures were trading lower during afternoon trade in the domestic market on Wednesday as investors and speculators remained on the sidelines in the precious metal ahead of the outcome of the RBI’s bi-monthly policy meet due later in the day.
Despite lower inflation and subdued global commodity prices, market experts expected that the rate cut is unlikely, however, said that the commentary would be important to watch out for. Besides, investors remained cautious ahead of the UK elections, the European Central Bank (ECB) meeting and former FBI director James Comey’s Senate testimony.
At the MCX, gold futures for August 2017 contract is trading at Rs 29523 per 10 grams, down by 0.15 per cent, after opening at Rs 29524, against a previous close of Rs 29567. It touched the intra-day low of Rs 29470 (at 14:01 hours).
For Quick Trial – 8962000225 ✔
or mail us here:
✆ – 0731-6626222 | Toll Free – 1800-3010-2007 ✔
Give a Missed Call for Free Trial – 09699997717 ✔

Author: ways2capital

Ways2capital is one of the leading research house across the globe. The company basically provides recommendations for stocks cash & F&O traded in NSE & BSE,commodities including bullions, metals and agro commodities traded in MCX & NCDEX. To stay ahead in this turbulent markets traders/investors need the expert technical & fundamental analysis along with the latest news & data provided in various innovative & familiar ways. With this current scenario of economic re-balancing, emerging markets are becoming the leaders & driven of the economy across the globe as a whole. Ways2capital has been placed right at the center of this paragon. It is all possible because of the highly qualified analysts who are skilled & having cerebral thoughts in their analysis. Analysts become more competent as their ability is coupled by the latest software tools & techniques. Ways2capital offers various services in a different & simplified manner, so that it can suit the requirement of any trader/investor as per their investment. We provide more than 90% accuracy in our recommendations to make our client satisfied in a delightful manner. Ways2capital has proved itself as a benchmark in providing 24*7 customer support. If you are a commodity/stock/currency trader or investor then ways2capital will show you all the best feasible ways to optimize returns from the markets

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s