COMEX gold is recovering momentum following a sharp slide of almost 3% in the previous session. The counter however continues to linger under $5k mark and is currently quoting at $4937.20 an ounce, up 0.65% on the day. However, thin holiday trading, with much of Asia closed for the Lunar New Year is likely to limit many gains in the yellow metal. Minutes of the Federal Open Market Committee (FOMC), which will be published later on Wednesday will also be watched closely. Furthermore, easing tensions between the United States (US) and Iran could also undermine traditional safe-haven assets.
Powered by Commodity Insights
FOR GRIEVANCE MAIL TO invgrieviss@iseindia.com
BSE EQUITIES : INB011077733 | NSE F&O EQUITIES : INF231077737 | NSE CASH MARKET : INB231077737 | NSE CURRENCY DERIVATIVES : INE231077737 | MCX-SX : INE261077737
ISS Enterprise Limited [Erstwhile: ISE Securities & Services Limited], a wholly owned subsidiary of Inter-connected Stock Exchange of India Ltd. (ISE)
© 2013 ISS Enterprise Limited [Erstwhile: ISE Securities & Services Limited]. All rights reserved.
Designed, developed & powered by C-MOTS Infotech (ISO 9001:2008 certified)
