BULLION OUTLOOKS BY OUR HI TECH PROFESSIONALS : ROYAL TRADERS

BULLION OUTLOOKS  :

Bullion prices were firm on Friday with COMEX spot gold prices trading above $1900 per ounce while spot silver prices traded near $24.23 in the morning trade. Bullion prices extended gains despite recovery in US dollar on fears of fresh lockdown measures in Europe and UK. The rise in US Jobless Claims and decline in manufacturing activities boosted buying in precious metals on economic growth worries. Bullion prices are expected to trade in current range for the day with markets awaiting progress over US stimulus talks.

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