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Gold Prices Fall on Anticipation of Fed Rate Hikes by  www.expertcommodity.com Gold prices  were lower on Friday as investors moved away from the bullion amid expectations of another interest rate hike this year, while the G20 summit in Argentina was also in focus. Comex  gold futures  for February delivery slipped 0.16% to $1,228.40 a troy ounce. Fed  meeting minutes  released on Thursday showed the central bank is expecting to hike interest rates but did not offer a timeline. Rises in interest rates reduce demand for safe haven assets like gold, which does not generate regular payments the way other investments, like bonds, do. Click here:  www.expertcommodity.com The prospect of interest rate hikes also boost the dollar, which benefits from higher rates. The  U.S. dollar index , which measures the greenback’s strength against a basket of six major currencies, inched up 0.12% to 96.80. The precious metal usually falls as the dollar rises, as it is denominated i

Symbol Expiry LTP High Low Open Close Change GOLD 05DEC2018 30230.00 30271.00 30108.00 30195.00 30204.00 +26.00 SILVER 05DEC2018 35615.00 35789.00 35530.00 35614.00 35614.00 +1.00 COPPER 30NOV2018 427.05 429.10 426.85 428.25 426.55 +0.50 LEAD 30NOV2018 133.70 134.55 133.45 133.90 133.85 -0.15 ZINC 30NOV2018 179.40 180.35 178.30 179.95 178.70 +0.70 NICKEL 30NOV2018 765.70 768.10 763.60 765.00 764.30 +1.40 Nifty - 10850.45 10922.45 10839.55 10892.10 10858.70 -8.25   Click Here:  www.expertcommodity.com

U.S., Canada, Mexico continue brinkmanship on trade deal until signing by  www.expertcommodity.com The leaders of Mexico, Canada and the United States were due to sign a North American trade pact on Friday, although brinkmanship over the final details of the deal continued through the eve of the signing. It was unclear what exactly the three countries would sign. They agreed on a deal in principle to govern the more than trillion dollars of mutual trade after a year and a half of acrimonious negotiations concluded with a late-night bargain just an hour before a deadline on Sept. 30. Click Here:   www.expertcommodity.com Since then, the three sides have bickered over the wording and the finer points of the deal and still had not agreed just hours before officials were due to sit down and sign it as the G20 Summit kicks off in Buenos Aires. Legislators from the three countries still have to approve the pact, officially known as the United States-Mexico-Canada Agreement

Oil Plunges Below $50 as Putin Says Current Price Levels “Fine” by  www.expertcommodity.com Oil prices  underwent a sharp selloff on Thursday with U.S. crude plummeting below $50 for the first time in more than a year as Russian President Vladmir Putin indicated that he is comfortable with current prices, casting doubt on OPEC’s ability to move ahead with significant production cuts. New York-traded  West Texas Intermediate crude futures  fell 47 cents, or 0.93%, at $49.82 a barrel. That was its lowest level since Oct. 9, 2017. Meanwhile,  Brent crude futures , the benchmark for oil prices outside the U.S., traded down 74 cents, or 1.25%, to $58.35, after hitting its lowest level since Oct. 24, 2017. Putin reportedly said that prices of around $60 per barrel were “absolutely fine” as the Russian budget would be balanced at $40. Saudi Arabia has been pushing OPEC and its non-OPEC allies led by Russia to agree to reduce production given the more than 30% decline in prices si

Symbol Expiry LTP High Low Open Close Change GOLD 05DEC2018 30321.00 30339.00 30280.00 30338.00 30434.00 -113.00 SILVER 05DEC2018 35889.00 35998.00 35836.00 35960.00 36124.00 -235.00 COPPER 30NOV2018 430.80 433.00 428.90 433.00 434.85 -4.05 LEAD 30NOV2018 134.75 135.15 134.10 135.10 135.65 -0.90 ZINC 30NOV2018 178.60 178.70 177.25 178.20 180.30 -1.70 NICKEL 30NOV2018 755.70 760.30 750.60 760.30 759.10 -3.40 Nifty - 10840.95 10847.35 10782.35 10808.70 10728.85 +112.10   Click Here:  www.expertcommodity.com

Gold Rises on Slipping Dollar by  www.expertcommodity.com Gold prices  rose on Thursday morning in Asia as the U.S. dollar weakened on investors’ expectations of a slowdown in interest rate hikes. The chairman of the U.S. Federal Reserve, Jerome Powell, said Wednesday that rates are “just below” the  neutral level now . Gold Futures  for February delivery climbed 0.2% to $1,229.8 per troy ounce, regaining some ground after closing at a two-week low on Wednesday. Silver Futures  for March delivery also rose 0.07% to $14.425, while  platinum futures for January delivery edged up 0.27% to $829.4. “Interest rates are still low by historical standards, and they remain just below the broad range of estimates of the level that would be neutral for the economy – that is, neither speeding up nor slowing down growth,” said Powell on Wednesday. Click Here: www.expertcommodity.com Powell’s comments helped drive the US dollar down. The  U.S. dollar index , which tracks the gr

Some countries trying to harm Iran by manipulating oil market: Iran minister by  www.expertcommodity.com Some countries are trying to harm Iran by manipulating the  oil market ,  Iranian Oil  Minister Bijan Zanganeh said on Wednesday, according to the semi-official Mehr news agency. Zanganeh did not name a country but Iranian officials have accused Saudi Arabia of trying to take Iran's share of the oil market in recent months. The United States restored sanctions targeting Iran's oil, banking and transport sectors this month. "Some countries are trying to strike a blow against Iran by interfering in the oil market and its supply," Zanganeh said.  Click Here:  www.expertcommodity.com

Symbol Expiry LTP High Low Open Close Change GOLD 05DEC2018 30313.00 30372.00 30282.00 30365.00 30402.00 -89.00 SILVER 05DEC2018 35790.00 35836.00 35733.00 35796.00 35772.00 +18.00 COPPER 30NOV2018 426.80 427.45 425.30 425.90 424.80 +2.00 LEAD 30NOV2018 134.50 134.70 133.90 133.90 133.40 +1.10 ZINC 30NOV2018 176.70 177.45 176.25 176.90 176.55 +0.15 NICKEL 30NOV2018 761.90 766.60 761.20 762.90 757.10 +4.80   Click Here: www.expertcommodity.com