Expert Advice regarding Crude oil From MCXSURE

Expert Advice::

Crude oil prices bounced back on Wednesday as a decline in U.S. inventories with OPEC efforts to reduce output and near record supplies capped gains.

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PRECIOUS-Gold gains for 2nd day as dollar dips ahead of Fed meet Markets await outcome of U.S. Fed's March 19-20 meeting * Gold specs trim net longs for a third straight week * SPDR gold holdings slip on Friday * Palladium trading near last session's record peak (Adds comments, updates prices) By Swati Verma March 18 Gold prices rose for a second str aight session on Monday, as the dollar slipped after sombre U.S. data increased chances the Federal Reserve will signal a dovish policy stance at its meeting this week. Spot gold rose 0.2 percent to $1,303.92 per ounce by 0804 GMT. U.S. GCcv1 gained 0.1 percent to $1,303.80.The U.S. Fed will begin its meeting on interest rates on Tuesday, which end s with a news conference on Wednesday.The narrative has completely changed. A y ear or six months back, people were talking about policy normalisation, and now to be accommodative. With the flow of U.S. data we had, it could be quite supportive for gold," said Hites...

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