Commodity Mcx Report 14 May 2015
Gold was one of the most active commodities on Wednesday and again
this morning as trader’s position on the brakes and sold off the metal.
Gold climbed to now underneath the 1220 cost to end at 1218.20. Gold
traders sold off the asset to book profits pushing drop the yellow metal
to 1212.50 off by $5.70. Silver plunged 138 points but stays over the
$17 range and platinum was flat holding just below the 1150 cost range.
Gold held close to a 5-week high on Thursday after leaping tracking slow
U.S. retail sales records that activated speculation the Federal
Reserve will’nt increase interest charges shortly.
this morning as trader’s position on the brakes and sold off the metal.
Gold climbed to now underneath the 1220 cost to end at 1218.20. Gold
traders sold off the asset to book profits pushing drop the yellow metal
to 1212.50 off by $5.70. Silver plunged 138 points but stays over the
$17 range and platinum was flat holding just below the 1150 cost range.
Gold held close to a 5-week high on Thursday after leaping tracking slow
U.S. retail sales records that activated speculation the Federal
Reserve will’nt increase interest charges shortly.
Commodity Mcx Report 14 May 2015
11:34 AM
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