Markets

Asia Outlook, Gold, Silver and Crude Oil Trading

US old futures finished pit trade Tuesday weaker but up from the daily lows as bargain hunters stepped in to buy the dip in prices in the immediate aftermath of the morning testimony from Federal Reserve Chairman Ben Bernanke.

Aug Gold last traded - 3.20 at 1,588.40 oz.

Spot Gold was last quoted + 0.40 at 1,589.50 oz.

Sept Comex Silver last traded + 0.029 at 27.35 oz.

Mr. Bernanke's semi-annual monetary policy speech before the US Senate saw traders and investors generally disappointed the Fed chief's remarks did not include any fresh clues on easing of US monetary policy coming soon.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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