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Gold Down Over Strong Dollar, Fading Hopes for U.S. Stimulus Measures…Latest News Update By MoonCommodity.Com

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Gold was down on Wednesday morning in Asia over a strengthening dollar and fading hopes of the U.S. Congress passing the latest stimulus measures before the country’s presidential election.

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Oil falls 2% as rise in U.S. crude stocks fans oversupply fears…By MoonCommodity.Com For More Info Call\Whatsapp@ : 7017783799

crude oil news update …

Oil prices slid about 2 percent on Wednesday, giving up most of the previous day’s gains, as a surge in U.S. crude stocks and growing coronavirus infections in the United States and Europe fanned fears of a supply glut in oil and weaker fuel demand.

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Gold prices today fall as dollar strengthens, stimulus hopes fade…GOLD NEWS UPDATE BY MOONCOMMODITY.COM

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Gold and silver futures edged slightly lower in Wednesday’s session, tracking the trend in international markets, amid strengthening dollar and subdued demand.

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Oil Falls on COVID-19 and Oversupply Fears…By MoonCommodity.com For More Detail C/W@ : 7017783799

Oil prices were down on Wednesday morning in Asia, losing what gains it had recouped in Tuesday’s rally. U.S. lack of demand, surging COVID-19 cases, and Libya’s return to the markets are all pushing prices down.

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Gold slips on firmer dollar, ebbing hopes of U.S. stimulus…Latest News Update By MoonCommodity.Com

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Gold prices were subdued on Wednesday, as the dollar strengthened, after hopes of U.S. stimulus faded following President Donald Trump’s comment that a deal would likely come after the November election.

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Commodity                                          Resistance                        Support
Gold                                                            51186                              50613
Silver                                                          62507                              61278
Crude Oil                                                   2887                                 2821
Natural Gas                                               227.1                                216.3
Nickel                                                         1166.6                             1149.4
Copper                                                        533.4                              526.05
Zinc                                                             201.8                              199.95

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