Comex Gold edges higher but sticks to a narrow range ahead of key US data that may help firm bets the Federal Reserve will quickly ease policy this year
Fed Bank of Atlanta President Raphael Bostic said it “may be time to cut” but he’s still looking for additional data to support lowering interest rates next month (Bloomberg)
WTI crude holds declines and trades below $75/bbl as sluggish demand concerns from top consumers US and China outweighs impact of decline in US oil inventories
LME base metals continues to retreat amid recovery in dollar, lingering Chinese demand concerns and caution ahead of crucial US data
Today, German Prelim CPI, US GDP and initial jobless claims will be closely watched
INTRADAY UPDATE: BUY MCX SILVER SEP, BOOK PROFIT AT (CMP-84740)
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