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gold price today: Commodity strategies: Gold, silver, crude, base metals


By Tapan Patel
Commodity prices traded on an upbeat note on Tuesday, after trading mixed in the previous session. On Monday, commodities in the non-agro segment kept to firm trading range supported by a weaker dollar. Bullion prices witnessed some selling with rise in US bond yields while base metals and crude oil traded up on positive demand outlook. Here is a look at how different commodities are behaving in today’s market.
Outlook: Bullion
Bullion prices traded steady with spot gold price at COMEX was trading near $1772 per ounce while spot silver price at COMEX was trading half a percent up at $25.96 per ounce in the morning trade. Bullion prices traded under pressure after US bond yields recovered from the recent lows. ....

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gold price today: Commodity strategies: Gold, silver, crude, base metals


By Tapan Patel
Commodity prices traded mixed on Thursday, continuing the trend from the previous session. On Wednesday, the bullion prices traded marginally down while base metals traded firm on weaker dollar and demand growth prospects. Crude oil prices rallied by nearly 5 per cent on bullish weekly inventory data and geopolitical risk. US Treasury yields rose on Wednesday while dollar index traded weak. Here is a look at how different commodities are behaving in today’s market.
Outlook: Bullion
Bullion prices traded higher with spot gold price at COMEX was trading near $1739 per ounce while spot silver price at COMEX was trading up near $25.43 per ounce in the morning trade. Bullion prices traded higher on dollar decline which fell to three week lows despite of some uptick in bond yields. The higher inflation concerns and worries over rising virus cases have supported buying in precious metals. We expect bullion prices to trade sideways to up for the day. ....

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