Commodities: Daily Techno Funda For 15th February By Religare Broking
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Gold (Apr)
Gold prices eased after U.S. Federal Reserve officials reiterated the central bank’s firm stance in its fight against inflation, after consumer price data (CPI) came out in line with expectations on Tuesday.
Crude Oil (Feb)
Oil prices fell on Tuesday after the U.S. government said it would release more crude from its Strategic Petroleum Reserve and edged down further after U.S. inflation data, even though the annual rate of price increases had slowed.
Natural Gas (Feb)
Natural gas prices mounted their largest one-day gain in more than three weeks, and the strength appeared to develop off some colder adjustments to the 1-2-week temperature views mainly across the mid-continent region.
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