Gold shines ahead of US Jobs data
The yellow metal been rising this year after bottoming out its 11 month low in December 2016 . Spot gold was up 0.2 percent at $1184.90 an ounce.
MCX GOLD FEB FUT trading at 27866 down 82 points( -0.29%)
MCX Silver March FUT trading at 39837 down 611 points(-1.51%)
Crude oil firm on Big Drop in US Inventories.
A big decline in US crude inventories is supporting crude oil prices . The EIA said commercial stockpiles stood at 479 million barrels ,a draw of 7.1 million barrels from previous week data. Further Saudi Arabia had cut production to meet OPEC’s agreement to reduce output.
MCX Crude Jan FUT Trading at 3652 up 16 point (0.44%)