04:08
SHARE MARKET REVIEW
CRUDE OIL
Brent crude rose 29 cents to USD 109.10 a barrel, with the oil market also awaiting the result of a meeting on Iran's nuclear programmer. key commodities such as oil and copper gained for a second day on Tuesday on speculation that European leaders would agree on fresh action to tackle the region's debt crisis, and on reports China plans measures to boost sagging growth.
GOLD
Gold has potential to rise again .According to the German bank, market participants viewed lower prices as a buying opportunity last week and also pointed out that the world’s largest gold exchange-traded fund, SPDR Gold Shares, had inflows of 6.3 metric tons over the past two trading days.
SILVER
Silver likely to reach new highs in this year as global mining production strains amid increased demand as industrial demand and investor support continued to be strong.
COPPER
Copper, which fell to a four-month low below USD 7,500 a tonne last week, climbed 0.5% to USD 7,766 a tonne on Tuesday. key commodities such as oil and copper gained for a second day on Tuesday on speculation that European leaders would agree on fresh action to tackle the region's debt crisis, and on reports China plans measures to boost sagging growth.
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