On Last trading day gold & silver both were at lower side, while all base metal showed up side trend. Base meatl king copper in plus by 1.30%. For today we expect that gold is bullish from the level of 30500 otherwise from the level of 30000 gold may see down side level. If we talk about crude then from the level of 4780 it may bullish else from the level of 4680 its looking bearish.
GOLD EXTENDS RALLY; FED IN SHARP FOCUS.
BRENT CRUDE OFF 17-MONTH LOW, EURO CONCERNS LINGER.
COPPER STEADIES AS DOLLAR FALLS; EURO CRISIS SUBDUES.
DOMESTIC OIL AND OILSEED TRADE UP ON GLOBAL CUES.
Live MCX Data
Date
|
Time
|
Currency |
Economic
Data |
Forecast
|
Previous
|
WED
20TH
JUNE
2012
|
8:00pm
|
USD
|
Crude Oil Inventories
|
-1.0M
|
-0.2M
|
10:00pm
|
USD
|
FOMC Statement
|
|
|
|
10:00pm
|
USD
|
Federal Funds Rate
|
<0.25%
|
<0.25%
|
|
11:30pm
|
USD
|
FOMC Economic Projections
|
|
|
|
11:45pm
|
USD
|
FOMC Press Conference
|
|
|