Crude Oil was little changed in the face of the second largest U.S. crude oil build on record as the market held onto hopes of an upcoming vaccine rollout lifting demand from its pandemic-induced slump.
Copper MCX Tips Today – 595 Target 590——587——579 Stop Loss PAID
Copper MCX Tips Today : Copper prices yesterday settled down by 0.43% at 592 as investors worried about rising tensions between the United States and China.
Gold Price Analysis: Gold Trades bear 4H Chart 200SMA
Gold Price Analysis : Gold consolidates on recent recovery rally from $1,764 to $1,895. The four-month falling trendline hurdle is still intact.
WTI Crude Oil Above 43.65 Next Target $45——$47 (Buy on Dips)
WTI Crude Oil Above 43.65 Next Target $45——$47 (Buy on Dips) – crude oil prices entered a brief consolidation after hitting a key chart resistance level at US$ 46.30.
MCX Copper Futures Fall on Weak Demand
MCX Copper futures on Tuesday slipped Rs 3.30 to Rs 591.25 per kg as participants cut down their positions amid muted demand in domestic market.
Goldman Sachs : Copper Prices Target to $10,000 a tonne by 2022
Goldman Sachs : Copper, the traditional, age-old remedy for good health has also remained a significantly important economic health indicator. Rising copper prices, helped by strong order flows, indicate that the global economy is recovering fast.
Gold Jewellery sale rises 16% in Nov
The average ticket size of silver and gold jewellery sale rose 16% in November compared to the previous month despite gold prices hitting record levels, according to a report.