Gold :- Investors await the Federal Open Market Committee's (FOMC) highly-anticipated two-day meeting starting on Wednesday, where the U.S. central bank could raise Federal Funds Rate for the first time in nearly a decade. The Fed's benchmark rate, which banks use to lend to other institutions on overnight loans, has remained at its current level between zero and 0.25% since December, 2008.Investors await the Federal Open Market Committee's
Gold :- Investors await the Federal Open Market Committee's (FOMC) highly-anticipated two-day meeting starting on Wednesday, where the U.S. central bank could raise Federal Funds Rate for the first time in nearly a decade. The Fed's benchmark rate, which banks use to lend to other institutions on overnight loans, has remained at its current level between zero and 0.25% since December, 2008.
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The market has opened weak on September F&O expiry day. The Sensex is down 71.40 points or 0.3 percent at 25751.59 and the Nifty slips 10.45 points or 0.1 percent at 7835.50.
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SELL COPPER NOVEMBER BELOW 348.75 TG1 347.75 TG2 345.75 SL- 350.75.
BUY GOLD OCTOBER ABOVE 26330 TG1 26380 TG2 26450 SL 26260 .
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