Today in commodity market the gold inches up as the dollar took a breather after recent sharp gains as caution triumph in financial markets as regarding Greece's future in the euro zone. But the uncertainty over the Greece debt issues helped little bit of gold in last few days. Well without risk related buying, may be gold faces pressure in upcoming near terms. So as we assume that in up coming days we can observe good movement in gold.
On the other hand the crude prices are collapsing and small American oil producers faced with grim choices for survival. where oil can be produced at $20 per barrel or lower then that and still turn a healthy profit for them at today's prices hanging between $45 - $52 range.
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