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LIVE GOLD NEWS UPDATE BY DELTA

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 Gold prices rose on Tuesday in Asia ahead of an expected rate cut by the U.S. Federal Reserve.August delivery on thedivision of the New York Mercantile Exchange rose 0.3% to $1,424.30 by 12:45 AM ET (04:45 GMT).Markets widely expect the Fed to cut rates by at least 25 basis points this week. Some traders previously speculated the central bank to slash rates by 50 basis points, but chances of that happening dampened after the U.S.' second-quarter GDP came better than expected.

More important than what happens on Wednesday is what the market expects of the Fed in follow-through action in September and beyond,” Investing.com senior commodity analyst Barani Krishnan said. “Here’s where the real disappointment could be for gold longs, as the Fed might not be as dovish as many expect.”Separately, the Bank of Japan kept its rates unchanged today as expected. The Bank of England is also expected to meet later this week.


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MCX Live Price Updated By Spidersignals.com

Symbol          LTP           High           Low           Open GOLD         34900.00        35000.00         34916.00   35000.00 SILVER         40870.00        41005.00        40851.00   41005.00 CRUDEOIL 3895.00         3895.00         3885.00         3885.00 COPPER         453.90         455.80         454.50         455.80 NICKEL         992.60          996.00         989.90         989.90 LEAD         153.75         154.10         153.40         154.00 ZINC         190.85         191.40         191.10         191.40 ALUMINIUM 141.45         141.60         141.35         141.50 NATURALGAS 159.50         160.20         159.50         159.50 FOR MORE UPDATES : C/W 9917008829, 6395643415 www.spidersignals.com (India's First AI Based Calls)