Gold, Silver Higher On Bullish Outside Markets; FOMC On Deck (News: 27/04/16)
Today’s Press
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Gold, Silver Higher On Bullish Outside Markets; FOMC On Deck
Gold and silver prices are moderately higher in early U.S. trading Wednesday, amid bullish outside markets that include higher crude oil prices and a lower U.S. dollar index. June Comex gold was last up $6.10 at $1,249.60 an ounce. July Comex silver was last up $0.251 at $17.41 an ounce.
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Falling output and weaker dollar push oil to 2016 high
Oil hit its highest level of 2016 on Wednesday, driven by a falling dollar and evidence of declining U.S. supply, putting the price on course for its strongest monthly performance since last April.
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Dow futures drop after Apple whiffs on earnings
U.S. stock futures slumped Wednesday, hurt by Apple Inc.”s 8% premarket drop after the largest company by market value delivered quarterly results that disappointed investors.
Next Trading Day’s Important Events
- 00:00 (GMT+3) RBNZ Interest Rate Decision
- 03:00 (GMT+3) BoJ Interest Rate Decision
Forex Quotes:
- USDJPY: 111.22
- EURUSD: 1.1313
Indices:
- S&P 500: 2,091.70
- NASDAQ : 4,888.28
Source:: Gold, Silver Higher On Bullish Outside Markets; FOMC On Deck (News: 27/04/16)