June 03, 2011

Gold Price, Silver Price, Crude Price and Metals Price Concerns Report 03 June


The Gold price are showed and easing sentiments on MCX and NCDEX spot Market Index and showed a four-week highs on at MCX market on Thrusday. Copper Price fallen to its One week low at the market. 

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Copper inventories hit one-year high. U.S. unemployment claims fell last week. Crude Oil slips at MCX Spot market. 
Commodity Gold Tips sight of four-week highs and supported by concern about the outlook for U.S. growth and the European debt crisis. A fall in dollar concerns is noted in the market lowest in a month against a basket of currencies. Copper reported fall which the copper price lowest in a week on Thursday, this made US to think about as it is the world's biggest economy and Supportive dollar is getting weaken due Gold prices and Silver prices. The Crude oil prices report is for a Slip on Thursday, reversing earlier gains, due to an unexpected jump in crude oil inventories in the United State. 
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