Commodity Market Live- Crude oil Prices Continues to Upside in 4th Consecutive day.
Oil Prices Continues upside for 4th consecutive day because of Output Cut & Global Demands Increased.
June WTI Crude Expires on tuesday there was little bit expected down by Some Financial Experts.
The Oil Prices was also Increased by Output Cut by OPEC & Including Russia and some other countries Known as Opec+ they are working on Ground.
In the same time, there is growing optimism that the easing of global lockdowns will help boost economic activity and fuel demand.
US also support for prices, U.S. production is also falling, with crude output from seven major shale formations expected to fall by a record 197,000 barrels per day in June to 7.822 million barrels per day.
That would be the lowest since August 2018, according to the U.S. Energy Information Administration.
WTI CRUDE OIL TRADING AT 31.32$ 1% DOWN.
BRENT OIL TRADING AT 34.54$ 0.70% DOWN.
MCX CRUDE OIL MAY OPEN NEAR 2370.
Commodity Market Live- Gold Prices Continues to be Bullish and made record 7 years high.
Comex Gold Currently Trading at 1739$ per Ounce.
Gold Made high near 1765$ and Gone Down in US Session.
Gold is Trading very strong and its still looks very positve for making new highs near 1800$ per ounce in coming days.
Despite Doller is lower but Gold is going for high.
Below 1720$ Gold Might go down upto 1680$ , Need to watch the levels.
Mcx Gold Currently Trading at 46840.
GOLD RATE TODAY.
22 Carat Gold rate is 46510 per 10 gm.
24 Carat Gold rate is 47510 per 10 gm.
STOCK MARKET WILL BE OPENING BIG UP.
SENSEX MAY OPEN NEAR 33000.
NIFTY MAY OPEN NEAR 8950.
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