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Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

Gold set to lead bull’s party in commodities as Bernanke provides spark

Posted on 12 July 2013

Gold could lead bull’s charge in the commodities market on Thursday, though it remains to be seen how much the bullishness will extend. Reasons for various commodities gaining could be different and therein lies the doubt since one factor can cancel the other. So, trade with caution.
Overnight, US Federal Reserve Chairman provided gold a booster show by saying that the central bank will be accommodative in approach towards pumping money in the economy to help it grow. This, the market, meant as the $85-billion-a-month stimulus programme will not end soon………………………………………..Full Article: Source


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VRS - who has written 37629 posts on Opalesque Commodities Briefing.


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