320-x-100_uti_gold.jpg" alt="Advertisement">
Crude oil prices started Tuesday’s trade on a strong note opening higher - ICICI Direct
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Bullion Outlook
Gold prices opened slightly lower on Tuesday and fell further during most of the session till a low of | 46864
Prices retreated further from a two and a half-month peak hit last week, as a firmer dollar and a rise in US Treasury yields dented demand for safe-haven bullion
Overall, we expect gold prices to consolidate in the range of | 46800-47200 levels for the day
Energy Outlook
Crude oil prices started Tuesday’s trade on a strong note opening higher and corrected gradually during most of the session till a low of | 4975
Prices remained under pressure in the last session as investors assessed a demand outlook still clouded by the Covid-19 resurgence in many regions
Hence, we expect crude prices to correct further towards | 4950 level for the day
To Read Complete Report & Disclaimer Click Here
https://secure.icicidirect.com/Content/StaticData/Disclaimer.html
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
