Fears of rising rates in the US, the decline in Gold and Crude
December in the u.s. policy interest rates fears of rising commodity prices to fall. International market gold again 6 years lower level is reached. There, Wednesday sessions crude 5 per cent to below $ 40 a barrel slipped below.
Gold level down in 6 years
Due to the strength in the dollar gold dropped around 6 years was genuine. 0.42 per cent, with weakness on comics gold under $ 1050. While silver fell down 0.74 per cent down to $ 14.
On Wednesday, crude fall 5 per cent in
U.s. dollar in crude prices to fall substantially. Tenth week in a row with us crude reserves, which came under pressure on prices. So see sharp decline in crude. At the moment naymaiks up 0.44 per cent of crude around $ 40 and 42 below Brent crude around $ 0.22 per cent.
In December may increase interest rates
The u.s. Federal Reserve chair person Janet yelena is said to raise rates in December will become the perfect environment. He said that the u.s. has been economy and figures are positive. economy relying. America’s growth gradually growing and get enough chances of employment growth. He also said that the price rise will continue in the light edge and by 2.2 per cent.
GST is the most important, which will determine market moves…
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