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Gold prices are modestly lower in early U.S. trading Tuesday. The safe-haven metals are finding it hard to catch a bid as there is scant risk aversion in the global marketplace at present. December gold futures were last down $1.90 an ounce at 1,455.00. December Comex silver prices were last down $0.001 at $16.885 an ounce.
MCX Silver futures Tips Forecast – Watch Level ₹45000 Level, Big Down Side Target ₹42700—₹41700—₹40400
Piramal Enterprises Ltd is seeking shareholders’ nod to raise Rs 1,750 crore from a Canadian investor by issuing compulsorily convertible debentures (CCDs).
Indian Gold December Futures rose in early trade on November 21 supported by concerns that US bills on Hong Kong could increase tensions between the US and China.
Russia unlikely to agree to deepen oil output cuts – Citing three sources familiar with talks, Reuters on Tuesday reported that Russia was unlikely to agree to deepen additional oil output cuts at the Organization of the Petroleum Exporting Countries’ (OPEC) meeting in Vienna on December 5th.
Crude Oil on MCX settled down 1.38% at 4077 due to excess supply in the market and on uncertainty over a potential trade deal between the U.S. and China. U.S. shale production is likely to climb by 49,000 barrels a day in December to 9.133 million barrels a day.
