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Saturday, May 21, 2011

MCX Bullion Weekly report 23 mat to 28 may 2011


Gold rose 1.5 percent on Friday, its biggest daily gain in two weeks, on safe-haven buying as investors fretted about euro zone debt after Fitch cut Greece's credit ratings. Oil rose in thin, volatile trading on Friday, bouncing back from sharp mid-session losses as traders struggled to set a clear direction in a market buffeted by new euro zone concerns and mixed signals on demand. Copper closed the trading week on a stronger footing on Friday, touching its highest in more than two weeks as evidence of strengthening Chinese demand gave values a firm boost.
MCX Gold and Silver Prediction FREE Tips | Weekly REPORT Click Here
Volatile Crude oil ends higher
Dollar index, euro choppy amid Greece debt woes
Gold jumps 1.5 pct on euro zone debt fears
Silver ETF holdings drop over 2 pct
LME aluminium inventories fall Read More about Silver Again 60000

 
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