Best Commodity Tips for Today – (27th July)

Precious metals prices jumped 1 percent to a six-week high on Wednesday, after the U.S. Federal Reserve said it would start to wind down its massive holdings of bonds “relatively soon,” pushing the dollar lower.

Crude oil prices are higher to near eight weeks on yesterday, with Brent crude futures above $50 a barrel, as a much steeper than expected decline in U.S. inventories encouraged hopes the global crude glut would recede.

Copper prices rose for a fourth day to the highest in more than two years on expectations of solid Chinese economic growth and curbs on scrap imports to China that could boost demand for refined copper in the world’s largest metals consumer.

silver tips
BUY SILVER SEP ABOVE 38350 TARGET 38650/38950 STOPLOSS 38000

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