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Unread 10-04-2010, 06:44 AM
gnutrade.satya gnutrade.satya is offline
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Smile Commodity markets oil went up and gold was on a positive note

Oil market ended up on bright note and strong economic data from China as because of this influence dollar went down.Oil investors shrugged off mixed US economic data, including a report showing the pace of growth in the US manufacturing sector slowed in the month of September.A barrel of crude oil for October delivery settled up $1.61 to settle at $81.58. US data strengthened expectations of further monetary easing and comments from Federal Reserve Officials influenced the gold in a positive way.Gold prices for December delivery settled up up $8.20 at $1,317.80.
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