Commodities Update: Slight Movement in Gold and Silver

MG News | September 19, 2017 at 01:55 PM GMT+05:00

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Commodity prices inched down as tensions wane between North Korea and USA. The focus however, shifted to the Federal Reserve meeting which is all set to tune the tone for the market as it decides what to do with the interest rates in the future.

Gold moved up today recovering from falling to its lowest in two weeks on Monday, as the market focus shifted to Fed Reserve Meeting expected to kick off today.

Spot gold was up 0.06 percent at $1,308.44 an ounce, after dropping to its lowest level since Aug. 31 in the previous session.

Spot Silver, however, was down 0.52 percent from previous close, clocking in at $17.119 an ounce. Silver continues to trade on a Seven Day moving average of around $17.65 an ounce.

Spot Palladium and Platinum were also down, by 0.37 and 0.32 percent respectively in the international markets.

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Name	Price/Vol	%Chg/NChg
KSE100	179,571.27 436.67M	1.06% 1878.35
ALLSHR	108,600.94 844.23M	1.00% 1073.54
KSE30	53,548.42 162.02M	0.99% 525.53
KMI30	256,725.70 154.74M	0.76% 1936.43
KMIALLSHR	70,620.69 563.61M	0.98% 683.55
BKTi	48,625.03 36.31M	1.37% 658.39
OGTi	37,179.52 8.29M	0.94% 345.85

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	61,675.00	61,900.00 60,590.00	1840.00 3.08%
BRENT CRUDE	72.62	73.51 72.06	-1.12 -1.52%
RICHARDS BAY COAL MONTHLY	115.00	0.00 0.00	0.50 0.44%
ROTTERDAM COAL MONTHLY	126.50	0.00 0.00	0.60 0.48%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	69.49	70.21 68.90	-0.85 -1.21%
SUGAR #11 WORLD	14.02	14.03 13.86	0.00 0.00%