Commodities

Crude increases after Ben's statement



Posted On : 2013-06-19 21:47:52( TIMEZONE : IST )

Crude increases after Ben's statement

WTI crude fell for a second day after U.S. stockpiles unexpectedly increased and Fed Reserve Chairman Bernanke said the central bank may start reducing bond purchases later this year.

Gold fell for a fourth day to the lowest level in a month as the U.S. Fed Reserve Chairman Bernanke said asset purchases may be reduced later this year as the U.S. economy strengthens. Silver slid to a one-month low.

Source : Equity Bulls

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