Bullion prices traded steady on Tuesday with spot gold price at COMEX was trading near $1864 per ounce while spot silver price at COMEX was trading half a percent down at $27.66 per ounce in the morning trade. The precious metals witnessed selling in the previous session over Fed speculation, as the market is waiting for the signal from US Fed on any tapering update. The dollar index hovered near one-month highs, pressuring gold prices. We expect bullion prices to trade sideways to up for the day.
9.15 PM Jun 15th
We take the quality of the messages posted on forum as seriously as our articles. Kindly follow our Code of Conduct and refrain from posting any abusive, promotional or gibberish content on forum.
Disclaimer : The views expressed in the forum are the views of the user writing the post, and not that of moneycontrol.com. You agree, by accessing this forum, that moneycontrol.com bears no liability for any posts on this forum or, any losses suffered by following any advice posted on this forum. moneycontrol.com operates this real time, open, unmoderated, private forum for users to exchange information and to discuss various investing techniques. moneycontrol.com or, its personnel do not post anything, or vet the content posted, on this forum. moneycontrol.com reserves the right to deny service to anyone. You, and not moneycontrol.com, assume the entire cost and risk of any trading you choose to undertake. You are solely responsible for making your own investment decisions. If you choose to engage in such transactions with or without seeking advice from a licensed and qualified financial advisor or entity, then such decision and any consequences flowing therefrom are your sole responsibility.