Gold:

Gold on MCX settled down -0.64% at 28446 amid increasing confidence the Federal Reserve will raise interest rates at its upcoming policy meeting next week. The ADP National Employment Report showed its biggest increase in over a year in February, suggesting the U.S. economy remains on solid ground.

Trading Ideas:

*Gold trading range for the day is 28287-28677.

*Gold dropped amid increasing confidence the Federal Reserve will raise interest rates at its upcoming policy meeting next week.

Silver:

Silver on MCX settled down -1.44% at 40834 as investors become increasingly certain that U.S. interest rates will rise this month. Strong U.S. economic data and comments by Federal Reserve officials have reinforced expectations of a March U.S. rate hike. Prices struggled to take advantage of a pull-back in the dollar, after initial jobless claims missed analysts’ forecasts while investors’ expectations of a March rate hike grew ahead of key non-farm payrolls report due to be released on Friday.

http://www.ripplesadvisory.com/nifty-future-.php

Trading Ideas:

*Silver trading range for the day is 40374-41638.

*Silver prices dropped as investors become increasingly certain that U.S. interest rates will rise this month.

Crude oil:

Crudeoil on MCX settled down -4.5% at 3271 sank to the lowest since November. It was the worst 2-day drop in more than a year. Crude oil bulls have seemingly capitulated, losing a tug of war near $53 that lasted for months. Crude oil prices continued to collapse as U.S. inventories added to record highs, with facilities brimming at storage facilities across the nation.

Trading Ideas:

*Crude oil trading range for the day is 3146-3484.

*Crude oil prices fell extending the biggest falls this year as record U.S. crude inventories kept sentiment weak, pointing to a global glut despite supply cuts.

Natural gas:

*Natural gas on MCX settled down -0.15% at 196.50 traded in the range while prices bounce up again from the day's low helped by cooling weather, stable production and a larger-than-expected draw from storage last week.

Trading Ideas:

*Natural gas trading range for the day is 190.2-202.6.

*Natural gas settled at 196.50 traded in the range while prices bounce up again from the day's low helped by cooling weather.