Sell Gold Below 28350 target 28250-28000 Stop loss at 28400 - Enrich Commodities

Gold

Gold on Monday 20th March 2017, Gold prices down by 4pts (0.01%) & closed at 28505 trading range between 28490-28599 and April Comex Gold futures closed at $1234.00, division of the New York Mercantile Exchange.

Gold prices managed to hold last week’s gains on Monday as the dollar retreated against a basket of currencies, while

21/03/2017 10:08:07 AM | Posted in Commodities Reports read full news
Sell Crude oil Rise on 3235-3240 target 3200-3180 stop loss at 3266 - Enrich Commodities

Crude Oil

Crude Oil on Monday 20th March 2017, Crude Oil March futures prices down by 27pts (0.83%) closed at 3218, trading range between 3185-3240.On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $48.91 a barrel.

Crude prices kept falling on Monday on ongoing selling press

21/03/2017 10:02:03 AM | Posted in Commodities Reports read full news
Evening Update For 20th March 2017 - Angel Commodities

News and Analysis

* G20 stayed away from free trade policy in the meeting.

* Euro zone recorded a trade deficit for the first time in three years in Jan’17.

* LME Copper stocks fell by 1.4 percent on Friday.

 

European stocks are trading lower as G20 ministers set aside a pledge to avoid protectionism,

20/03/2017 5:07:36 PM | Posted in Commodities Reports read full news
We expect MCX March contract to trade higher - Angel Commodities

Soybean

* Soybean futures closed higher last week due to bargain buying and good physical demand as supplies have been lower. The most-active Apr’17 delivery contract closed 0.40 % higher to settle at Rs. 2,884 per quintal.

* The arrivals down drastically during last week (Mar 13-18) to 33, 812 tonnes Vs 79,194 tonnes in the previous we

20/03/2017 3:30:37 PM | Posted in Commodities Reports read full news
We expect Natural gas prices to trade sideways - Sushil Finance

Gold

Gold rose on Friday and was on course for its first weekly gain in three as the U.S. Federal Reserve's cautious message on interest rates left the dollar around five-week lows, making bullion cheaper those holding other currencies.

The Fed raised U.S. rates on Wednesday, as expected, but its earlier forecast of three rate increases

20/03/2017 11:42:45 AM | Posted in Commodities Reports read full news
We expect Crude oil prices to trade lower today - Angel Commodities

Bullion

Gold

Last week, Spot gold prices traded higher by 2 percent, to close at $1228.4/oz, while MCX gold prices rose by 0.5 percent at Rs.28509 per 10 gms.

The U.S. Federal Reserve called for gradual monetary tightening after raising interest rates by an expected 25 basis points for the second t

20/03/2017 11:18:55 AM | Posted in Commodities Reports read full news
Buy Gold above 28550 Target 28650-28750 Stop loss 28400 - Enrich Commodities

GOLD

On Friday 17th March 2017, Gold prices rose up by 98pts (0.34%) and closed at 28509. Trading range was between 28390 -28530. April Comex Gold futures closed at $1229.00, division of the New York Mercantile Exchange.

It is interesting to note that, for the third straight session, Gold raised heading for a weekly rise after preceded by two

20/03/2017 11:03:04 AM | Posted in Commodities Reports read full news
Gold trading range for the day is 28336-28616. - Kedia Commodity

Gold

Gold on MCX settled up 0.34% at 28509 as the U.S. Federal Reserve's cautious message on interest rates left the dollar around five-week lows, making bullion cheaper those holding other currencies. The Fed raised U.S. rates, as expected, but its earlier forecast of three rate increases this year remained unchanged, disappointing some investors

20/03/2017 10:43:42 AM | Posted in Commodities Reports read full news
We expect MCX copper prices to trade sideways - Angel Commodities

Bullion

Gold

On Thursday, spot gold prices rose by 0.6 percent to close at $1226.4 per ounce and hit a one-week high on Thursday after the U.S. Federal Reserve signaled a cautious stance on interest rate policy this year, pushing the dollar to its lowest in a month.

The Fed on Wednesday raised intere

17/03/2017 11:32:08 AM | Posted in Commodities Reports read full news
Crude oil trading range for the day is 3130-3276 - Kedia Commodity

Gold

Gold on MCX settled up 1.52% at 28411 after the U.S. central bank signalled only gradual rate tightening and the dollar slid to its lowest in five weeks. The dollar index hit a five-week low on Thursday after the Fed raised U.S. interest rates as expected, but did not flag any plans to accelerate the pace of monetary tightening as some had anticip

17/03/2017 11:20:22 AM | Posted in Commodities Reports read full news
We expect gold prices to trade sideways - Sushil Finance

Gold

Gold rallied for the second straight session on Thursday, climbing to its highest level in over a week after the U.S. central bank signaled only gradual rate tightening and the dollar slid to its lowest in five weeks.

The Federal Reserve on Wednesday raised U.S. interest rates for the second time in three months, as expected, but did not

17/03/2017 11:06:09 AM | Posted in Commodities Reports read full news
We expect cotton and kapas futures to trade sideways - Angel Commodities

Agri-Fundamentals

Soybean

Soybean April futures closed higher on Thursday as supplies have been steady due to lower prevailing prices and good demand. Soybean exports during Oct-Feb were estimated at 112,000 tonnes, compared with 80,186 tonnes in the year-ago period, as per SOPA press release. Soybean crushin

17/03/2017 10:45:13 AM | Posted in Commodities Reports read full news
Buy Crude Oil Dips on 3200-3190 target 3220-3250 stop loss at 3165 - Enrich Commodities

Crude Oil

Crude Oil on Thursday 16th March 2017, Crude Oil March futures prices up by 14 pts (0.44%) closed at 3192, trading range between 3172-3245.On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $48.75 a barrel.

Crude oil prices surged higher on Thursday. Crude Prices we

17/03/2017 10:38:01 AM | Posted in Commodities Reports read full news
Evening Update For 16th March 2017 - Angel Commodities

News and Analysis

* US Fed hikes rates to a target range of 0.75 to 1 percent.

* Euro zone’s Final CPI unchanged at 2 percent in Feb’17.

* LME Copper stocks fell by 0.4 percent on Wednesday. 

 

European stocks are trading higher today as the Federal Reserve went ahead with rate hike but adde

16/03/2017 5:11:08 PM | Posted in Commodities Reports read full news
Cotton prices to stay firm despite recent correction : Angel Commodities

“Cotton prices on the domestic commodity exchanges have recovered nicely in last two trading sessions on Wednesday and Thursday after corrected last week from its highest levels for the season due to technically driven trades.

The open interest for MCX March cotton contract is seen falling from 7,644 lots on 8th March to 5,176 lots on 15th March. The prices on MCX also down abou

16/03/2017 4:12:52 PM | Posted in Commodities Reports read full news
Silver trading range for the day is 39682-40298 - Kedia Commodity

Gold

Gold on MCX settled down -0.32% at 27985 just ahead of FED announcement while Comex Gold rallied to see gain's by 1.6 percent to settled at $1,217.81 an ounce after rising to $1,219.36, the highest since March 7. It was on track for its biggest one-day jump since September as support seen after the Federal Reserve announced an increase to its

16/03/2017 11:41:17 AM | Posted in Commodities Reports read full news
We expect gold prices to trade higher - Angel Commodities

Bullion

Gold

On Wednesday, spot gold prices rose by 1.7 percent to close at $1218.7 per ounce as prices rose to a one-week as the U.S. Federal Reserve called for gradual monetary tightening after raising interest rates by an expected 25 basis points for the second time in three months.

The central ba

16/03/2017 11:26:49 AM | Posted in Commodities Reports read full news
We expect Soybean prices to trade sideways - Angel Commodities

Agri-Fundamentals

Soybean

Soybean April futures recover on Wednesday as supplies have been lower in the spot market due to lower prevailing prices and good demand. Soybean exports during Oct-Feb were estimated at 112,000 tonnes, compared with 80,186 tonnes in the year-ago period, as per SOPA press release. Soy

16/03/2017 11:10:53 AM | Posted in Commodities Reports read full news
Buy Gold Dips on 28320-28350 target 28650-28900 Stop loss 28200 - Enrich Commodities

Gold

Gold on Wednesday 15th March 2017, Gold prices down by -91pts (-0.32%) & closed at 27985 trading range between 27907-28054 and April Comex Gold futures closed at $1200.70, division of the New York Mercantile Exchange.

Gold prices were little changed on Wednesday ahead of the Federal Reserves expected rate hike later yesterday, while

16/03/2017 10:43:03 AM | Posted in Commodities Reports read full news
Buy Crude oil dips on 3190-3200 target 3240-3300 stop loss at 3150 - Enrich Commodities

Crude Oil

Crude Oil on Wednesday 15th March 2017, Crude Oil March futures prices up by 42 pts (1.34%) closed at 3178, trading range between 3150-3211.On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $48.86 a barrel.

Crude prices rose on Wednesday after hitting a 3-1/2-month

16/03/2017 10:34:05 AM | Posted in Commodities Reports read full news
We expect Natural gas prices to trade sideways - Sushil Finance

Gold

Gold rallied more than 1.5 percent to a one-week high on Wednesday, as the U.S. Federal Reserve called for gradual monetary tightening after raising interest rates by an expected 25 basis points for the second time in three months.

The central bank said in its policy statement that further hikes would only be "gradual," with of

16/03/2017 10:23:40 AM | Posted in Commodities Reports read full news