Updates on Bullion, Base Metals and Energy Levels 22nd March. 17

Gold futures ended lower on Thursday, after the dollar steadied, amid a mixed batch of US economic data, ahead of a key House vote on a healthcare bill to repeal and replace Obamacare. The Commerce Department reported that new home sales increased 6.1 % to a seasonally adjusted annual rate of 592,000 units last month compared to expectations of a 0.7% increase to 565,000 units. Elsewhere, initial jobless claims increased by 15,000 to 258,000...

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Updates on Bullion, Base Metals and Energy Levels 2nd March. 17

Gold futures ended lower on Wednesday as the dollar strengthened against a basket of major currencies, a rally in US equities, and rising expectations for a March interest-rate hike by the Federal Reserve pushed futures to their lowest finish in a week. Meanwhile, the Institute for Supply Management (ISM) released a report showing that growth in manufacturing activity accelerated by much more than anticipated in the month of February. The...

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