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Expect precious metals to trade higher today: Nirmal Bang

Nirmal Bang has come out with its report on precious metals. According to the research firm prices are expected to trade higher for the day on a weaker dollar and approval of the austerity bill to a second bailout from the European Union.

February 13, 2012 / 13:43 IST

Nirmal Bang has come out with its report on precious metals. According to the research firm prices are expected to trade higher for the day on a weaker dollar and approval of the austerity bill to a second bailout from the European Union.

Precious metals fell on Friday, following losses in the euro and U.S. equities, as uncertainty over negotiations for a bailout package for Greece prompted investors to sell the metal and hoard cash.

first published: Feb 13, 2012 10:35 am

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