Bullions: MCX Gold opened lowered below its previous close of 31,156.00 and set to a level of 31,141.00. Even Silver followed the footsteps of Gold and opened trading lowered below its previous close of 40,691.00 and opened at 40,620.00.
Crude: Today as expected, MCX Crude oil opened trading flat and set at a level same as its previous close level of 4,469.00. Oil prices fell down on yesterday pulled down by rising supplies in the U.S.
Update: Investors have been keeping their eyes on FED verdict on the interest rate which shall further pave the way for the market and also influence the gold & silver prices.
Update: OPEC & Non-OPEC producers going to meet on June 22 in Vienna. The Organization of the Petroleum Exporting Countries (OPEC) along with some non-OPEC producers including Russia, started withholding output in 2017 to reduce a global supply overhang and push up prices.