Mcx Full Independent Trading Guide

PRECIOUS-Gold treads lower on improved risk appetite; palladium at record high Palladium hits record high * Markets await FOMC meet minutes later in session * Gold may be seeing a top, technically - analyst BENGALURU, Jan 9 Gold prices edged lower on Wednesday as a likely end to a long-drawn Sino-U.S. trade war boosted risk sentiment, outweighing expectations of a pause in interest rate increases by the Federal Reserve.Meanwhile, palladium hit a record high at $1,340.50 an ounce during the session.Spot gold slipped 0.2 percent to $1,282.61 per ounce by 0600 GMT, and U.S.  GCv1 settled down 0.1 percent at $1,284 per ounce."In the short term, there is some optimism that there will be a trade truce, which will take away a shadow from market confidence," said Benjamin Lu Jiaxuan, a commodities analyst at Phillip Futures. However, gold is seeing some headwind because of a gradual recovery in risk assets, as well as investors pricing in the U.S. Federal Reserv e's dovish

PRECIOUS-Gold treads lower on improved risk appetite; palladium at record high Palladium hits record high * Markets await FOMC meet minutes later in session * Gold may be seeing a top, technically - analyst BENGALURU, Jan 9 Gold prices edged lower on Wednesday as a likely end to a long-drawn Sino-U.S. trade war boosted risk sentiment, outweighing expectations of a pause in interest rate increases by the Federal Reserve.Meanwhile, palladium hit a record high at $1,340.50 an ounce during the session.Spot gold slipped 0.2 percent to $1,282.61 per ounce by 0600 GMT, and U.S.  GCv1 settled down 0.1 percent at $1,284 per ounce."In the short term, there is some optimism that there will be a trade truce, which will take away a shadow from market confidence," said Benjamin Lu Jiaxuan, a commodities analyst at Phillip Futures. However, gold is seeing some headwind because of a gradual recovery in risk assets, as well as investors pricing in the U.S. Federal Reserv e's dovish