Brent Crude Prices rose on supply disruptions - ZENMoney

Brent Crude Prices rose as supply disruptions in Europe helped halt last week's losses along with a cautiousness ahead of US Federal Reserve meeting. The lost production helped bolster a market that has been worrying about the prospects for fuel demand as a number of economies, including China, experience slower growth.AWeaker dollar supported the rise in the brent further.

Gold prices rose as investors waited to see whether a two-day policy meeting by the Federal Reserve would shed clues on the central bank's plans for US monetary stimulus.Aweaker dollar against basket of currencies supported the yellow metal rise further. The yellow metal supported by sustained buying by stockists at domestic markets.

Silver Prices seesawed between gains and losses as investors waited to see whether a two-day policy meeting by the Federal Reserve would shed clues on the central bank's plans for US monetary stimulus. The reduced offtake by industrial units and coin makers at domestic markets. Aweaker Euro against US dollar added further pressure to the white metal.

Base metals prices steadied with expectations that the Federal Reserve will reaffirm its pledge to keep U.S. interest rates near zero underpinning prices. The growth concerns about China's economy capped the upside in the base metals. A weaker dollar against basket of currecies supported the metal prices further.

Source : Equity Bulls

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