Commodities: Daily Techno Funda For 17th February By Religare Broking
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Gold (Apr)
Gold prices fell to a four weeks low on Thursday as the dollar and bond yields resumed their climb after recent U.S. economic readings fueled expectations that the Federal Reserve might keep raising interest rates.
Crude Oil (Mar)
Oil prices gave back morning session gains and ended lower. Hopes of a robust fuel demand recovery in top oil consumer China failed to offset the losses arising from strength in the greenback and a large build in U.S. crude inventory.
Natural Gas (Feb)
Natural gas prices fell on Thursday amid a milder temperature outlook in Europe next week, which should curb gas demand in the heating sector.
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