Commodity News Live Tv- Crude oil Falls as USA-CHINA tension arises, on Monday week Starts with Red.
Oil prices Raised Last Week as Corona virus Restriction where eased & Led the Increase of Demand in oil.
China is Imposing Security Law on Honkong, Meanwhile People from Hongkong are Rallying angainst it.
Hongkong Police Used Tear gas & Water cannons to Run the protestors.
Ties Between USA & CHINA has been Soared and trade war will be there by both the countries ongoing Corona virus Impact.
Clashes Between the two Countries have taken the Hongkong,Human rights,Trade & US Support for China claimed Taiwan.
This Week the Investors will be Watching these Ongoing Factors.
WTI Crude Oil Trading at 33.60$ per Barrel.
Brent Crude Oil Trading at 35.60$ per Barrel.
Mcx Crude oil was Closed at 2520 on Friday, Today Market is holdiay because of Eid Festival and remain open at 5 pm.
Commodity News live Tv- Gold Trading at Lower Today Trading at 1728$ per Ounce.
Gold was Very Volatile Last week Traded higher and made record High after 6 years.
After Making New highs Gold made sharp Corrections Last week.
This Week Expected to Trade in Both sides by Gold.
Current Scene Between USA CHINA Trade was will make Very Volatile and choppy Movement for GOLD.
Mcx Gold was Closed above 47000 on Friday, and today due market Holiday , will be opening at 5 pm.
Gold Rate Today.
22 Carat Gold rate today 44520 per 10 gm.
24 Carat Gold rate today 48570 per 10 gm.
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Mcx Crude Oil was closed at 2520, and market today holiday Due to Eid Festival , will open at 5 pm.