On Monday, spot gold prices rose by 1.43 percent to close at $1309.5 per ounce breaching $1,300 per ounce as the dollar fell and the euro rose after the head of the European Central Bank (ECB) said that the euro zone's economic recovery had taken hold at a meeting of central bankers.
Crude Oil on 28th August 2017, Crude Oil August futures prices down by (-88) pts (- 2.88%) closed at 2970, trading range between 2951 – 3059. Crude oil for September delivery on the New York Mercantile Exchange settled at $46.57 a barrel.
Crude futures dipped lower on Monday, as Tropical Storm Harvey stop refinery activity alo
Gold on 28th August 2017, Gold prices up by (336) pts closed at 29503 trading range between 29173 - 29518 and December Comex Gold futures settled at $1315.30 division of the New York Mercantile Exchange.
Gold prices settled higher nearing a twomonth peak on Monday, as Federal Reserve Chair Janet Yellens disappointing remarks at the Jacks
On the daily chart, MCX Gold prices have been trading within a rising wedge. Moreover, COMEX Gold prices have been in a higher top higher bottom formation. Furthermore, prices have been sustaining above its 25 SMA on the daily chart. In addition