Monday, 6 July 2015

Commodity Trading Calls Today 6 July 2015

Gold prices firmed on Friday, rebounding from a 3 months low as the dollar softened while investors remained cautious ahead of Greece's referendum on an international bailout deal.

Gold has been under pressure this year from uncertainty over the timing of any rate increase, which could boost the dollar further and dent demand for non-interest-paying bullion.

We expect gold prices are likely to trade positive on the back of Greece referendum.



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2 comments:

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