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Experts are of the opinion that Gold and Silver prices may shot up as Fed Chief is expected to cut interest rates. At MCX Gold, expert opinion says that yellow metal has strong support at Rs 32,800 and it may show Rs 33,500 in coming trade sessions. Similarly Silver may show Rs 37,500 levels as the white ,etal has strong support at Rs 36,000 levels.

Bullion News: Gold and Silver price may soar on Fed rate cut hopes

After some correction caused by profit booking in MCX Gold, commmodity experts are of the opinion that agggressive investors can still buy MCX Gold at current Rs 32,700 levels taking stop loss at Rs 32,600 for the target of Rs 32,900 to even Rs 33,000 in next two to three day trade.

Bullion Alert! Gold prices to appreciate after profit booking, say experts

Spot gold was down 0.2% to $1,280.31 per ounce as of EDT (1655 GMT), after hitting a session low of $1,277.38. US gold futures fell 0.3% to $1,282.30 an ounce.

Commodity Market: Gold prices dip on a rebound in global stock market

GDP forecast is directly proportional to bond and debt market. Since the GoI has lowered its GDP forecast for FY20, it is going to affect debt and bond market, say experts.

Debt market to remain under pressure in April

Negative US job date can be an immediate trigger into the global gold future prices as it has already witnessed near 5-6&nbsp; per cent &nbsp;correction post-February 28 high.

Gold rush: Weak dollar, uncertainty in global markets may fuel future gold rate 

Due to&nbsp; rise &nbsp;in crude oil prices in global merchandise,&nbsp; Indian &nbsp;government won't be able to continue its buy-back policy and will be forced to increase petroleum product prices in domestic markets, say experts.

Petrol, diesel price: Brent Crude may touch $70/barrel by Mid of March, say experts

As one lot of crude oil at MCX required Rs 51,000 investment, one can expect up to Rs 38,000 return in next two months time frame, say experts.

Looking to invest? This commodity is set to give 74% return by April end

Commenting upon the reason for the crude rally at the MCX, Sugandha Sachdeva, Vice President at Religare Commodities told Zee Business online, "In NYMEX, crude oil is hovering around $51-52 per barrel and an upside swing of near 7 percent is expected in next two weeks. Hence, at MCX we are expecting the crude oil future to reach Rs 3,600 per barrel in this time span or say by end of January."&nbsp;

Commodity traders alert! Experts predict rise in crude oil at MCX, NYMEX

Oil could hit $60 before year-end -Barron's, citing Citi analyst

nymex

Spot gold was down 0.2% to $1,280.31 per ounce as of EDT (1655 GMT), after hitting a session low of $1,277.38. US gold futures fell 0.3% to $1,282.30 an ounce.

GDP forecast is directly proportional to bond and debt market. Since the GoI has lowered its GDP forecast for FY20, it is going to affect debt and bond market, say experts.

Negative US job date can be an immediate trigger into the global gold future prices as it has already witnessed near 5-6  per cent  correction post-February 28 high.

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NYMEX News- Zee Business provides latest news on NYMEX, NYMEX news Today, Top News on NYMEX, update on NYMEX Stay updated with business news, breaking news headlines.

NYMEX

Bullion News: Gold and Silver price may soar on Fed rate cut hopes

Bullion Alert! Gold prices to appreciate after profit booking, say experts

Commodity Market: Gold prices dip on a rebound in global stock market

Debt market to remain under pressure in April

Gold rush: Weak dollar, uncertainty in global markets may fuel future gold rate

Petrol, diesel price: Brent Crude may touch $70/barrel by Mid of March, say experts

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