May 31, 2011

Commodity Traders Gold price, Silver Price and Crude Oil Daily Technical Analysis For 31 May

Bullion Gold price and Silver price were seen to held at a steady pace, buoyed by the ongoing debt crisis in the euro zone Silver price and gold price showed trimmed gains as a hike in margins by the Shanghai Gold Exchange Due to which silver price and gold price sentiments are in check. 
Gold Price Sentiments Read more......
The Ime base metals fallen at tomorrows index, European debt problems are more arisen and due to this uncertainty is seen about the monetary policies of the United States and China and which incurred a loss of 1% in May and  made Crude Oil price to fall at the index at tomorrows trading session which rose the expectations for Crude oil that the OPEC's oil output in May would come in higher than April and investors are also keeping an eye on demand from top consumer the United States because crude oil price may show a change as the summer driving season is ought to begins and it also increases the consumption of Crude Oil.
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