Buy Crude Oil Dips on 3060-3070 Target 3100-3150 Stop loss at 3020 - Enrich Commodities

CRUDE OIL

Crude Oil on Thursday 11th May 2017, Crude Oil March futures prices up by 6 pts (0.19%) closed at 3089, trading range between 3067-3112.On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $47.83 a barrel.

Oil prices extended overnight gains in North American trading

12/05/2017 10:16:15 AM | Posted in Commodities Reports read full news
Sell Gold Rise On at 28100-28150 Target 27900-27800 Stop loss at 28250 - Enrich Commodities

GOLD

Gold on Thursday 11th May 2017, Gold prices Up by 4 pts (0.03%) & closed at 28004 trading range between 27932-28903 and April Comex Gold futures closed at $1224.20 division of the New York Mercantile Exchange.

Gold futures traded above eight-week lows amid political turmoil in Washington, after President Trump unexpectedly fired FBI

12/05/2017 10:06:45 AM | Posted in Commodities Reports read full news
Evening Update For 11th May 2017 - Angel Commodities

News and Analysis

* Dallas Fed President reiterated on 3 rate hikes for 2017.

* UK’s Manufacturing Production fell by 0.6 percent in Mar’17.

* LME Copper stocks fell by 0.7 percent on Wednesday.

 

European markets are trading lower as growing worries over Trump’s policies going forward hur

11/05/2017 5:36:29 PM | Posted in Commodities Reports read full news
Gold silver prices traded in the lower - Alpha Commodity

Bullion

* Gold silver prices traded in the lower range witnessed sharp decline in evening session on stronger dollar with US economic growth optimism. Prices have witnessed slight recovery today from yesterday’s fall with weaker dollar. Gold ETF holdings declined to 851.89 remained mostly steady with lower prices.

* We expect gold silve

11/05/2017 4:58:50 PM | Posted in Commodities Reports read full news
Indian gold and silver prices track overseas prices - Reliance Sec

FUNDAMENTALS

Gold ended mixed on Wednesday with Spot ending marginally higher and futures ending marginally lower. Downside was limited as U.S. President Trump's abrupt firing of FBI chief James Comey weighed on U.S. stocks, though gains were capped by expectations of further interest rate increases.

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11/05/2017 12:16:22 PM | Posted in Commodities Reports read full news
Buy Crude Oil Dips on 3060-3055 Target 3100-3130 Stop loss at 3020 - Enrich Commodities

CRUDE OIL

Crude Oil on Wednesday 10th May 2017, Crude Oil March futures prices up by 114 pts (3.84%) closed at 3083, trading range between 2980-3095.On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $47.33 a barrel.

Overnight, crude futures settled higher on Wednesday, as in

11/05/2017 12:03:32 PM | Posted in Commodities Reports read full news
Sell Gold Rise On at 28100-28150 Target 27900-27800 Stop loss at 28250 - Enrich Commodities

GOLD

Gold on Wednesday 10th May 2017, Gold prices Up by 25 pts (0.09%) & closed at 27996 trading range between 27970-28145 and April Comex Gold futures closed at $1218.90 division of the New York Mercantile Exchange.

Gold prices gained risk-on sentiment remained in place on prospects for President Donald Trump to push new economic policie

11/05/2017 11:56:12 AM | Posted in Commodities Reports read full news
We expect MCX copper prices to trade lower - Angel Commodities

Bullion

Gold

On Wednesday, spot gold prices declined marginally by 0.2 percent to close at $1218.7 per ounce as U.S. President Trump's abrupt firing of FBI chief James Comey weighed on U.S. stocks, though gains were capped by expectations of further interest rate increases.

Trump attributed his

11/05/2017 11:46:41 AM | Posted in Commodities Reports read full news
We expect Jeera futures to trade sideways - Angel Commodities

Agri-Fundamentals

Soybean

Soybean Jun futures closed lower on Wednesday due to weak trend in the International market but spot prices improve on good meal exports data. According the latest forecast by IMD, India may receive higher monsoon than previous forecast in April. As per USDA latest report, soybean pr

11/05/2017 11:33:45 AM | Posted in Commodities Reports read full news
Zinc trading range for the day is 165.7-170.5 - Kedia Commodity

Gold

Gold on MCX settled up 0.09% at 27996 slightly higher in yesterday’s session while unable to sustain early gains amid muted reaction to President Trump's firing of FBI Director James Comey. Support was seen as investors’ appetite for risk eased, after Trump unexpectedly sacked Comey while geopolitical jitters over North Korea retu

11/05/2017 11:25:20 AM | Posted in Commodities Reports read full news
Evening Update For 10th May 2017 - Angel Commodities

News and Analysis

* Chinese CPI and PPI at 1.2% and 6.4% in April’17.

* Fed member Loretta Mester upbeat on the US economy.

* LME Copper stocks declined 1.1 percent on Tuesday.

European markets are trading lower as US President Trump fired FBI Director James Comey, sparking political upheaval. Asian markets are trad

10/05/2017 5:32:06 PM | Posted in Commodities Reports read full news
We expect Natural gas prices traded - Alpha Commodity

Bullion

* Gold silver prices traded in the lower range witnessed sharp decline in evening session on stronger dollar with US economic growth optimism. Prices have witnessed slight recovery today from yesterday’s fall with weaker dollar. Gold ETF holdings declined to 851.89 remained mostly steady with lower prices.

* We expect gold silve

10/05/2017 4:00:24 PM | Posted in Commodities Reports read full news
Copper trading range for the day is 352.9-364.5 - Kedia Commodity

Gold

Gold on MCX settled down -0.43% at 27971 to the lowest in two months amid speculation the Federal Reserve will raise interest rates in June. Pressure also seen in bullion as stock markets rose and bond yields ticked higher following the weekend's election of centrist ex-investment banker Emmanuel Macron as President of France. Sentiments rema

10/05/2017 11:38:43 AM | Posted in Commodities Reports read full news
Gold and Silver prices edged up on Wednesday - Reliance Sec

FUNDAMENTALS

Gold dropped to an eight-week low on Tuesday as safe-haven demand continued to fade in the wake of Emmanuel Macron's victory in the French election and as expectations for tighter U.S. monetary policy lifted bond yields.

Spot gold ended down by 0.40% at $1,220.9 an ounce after touching a low of $

10/05/2017 11:14:21 AM | Posted in Commodities Reports read full news
We expect gold prices to trade lower - Angel Commodities

Bullion

Gold

On Tuesday, spot gold prices declined by 0.4 percent to close at $1220.9 per ounce dropped to an eight-week low on Tuesday as safehaven demand continued to fade in the wake of Emmanuel Macron's victory in the French election and as expectations for tighter U.S. monetary policy lifted bond yie

10/05/2017 10:58:38 AM | Posted in Commodities Reports read full news
Sugar futures to trade sideways to higher - Angel Commodities

Agri-Fundamentals

Soybean

Soybean Jun futures closed lower on Tuesday due to weak trend in the International market but spot prices improve on good meal exports data. According the latest forecast by IMD, India may receive higher monsoon than previous forecast in April. As per Agmarknet, arrivals of soybean

10/05/2017 10:48:39 AM | Posted in Commodities Reports read full news
Buy Crude oil dips on 2962-2970 targets 3000-3050 top loss at 2945 - Enrich Commodities

CRUDE OIL

Crude Oil on Tuesday 9th May 2017, Crude Oil March futures prices down by -11 pts (-0.37%) closed at 2969, trading range between 3024-2952 On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $45.88 a barrel.

Crude inventories in the U.S. fell a more than expected 5.7

10/05/2017 10:19:42 AM | Posted in Commodities Reports read full news
Sell Gold Rise On at 28170-28230 Target 28000-27900 Stop loss at 28320 - Enrich Commodities

GOLD

Gold on Tuesday 9th May 2017, Gold prices down by -120 pts (-0.43%) & closed at 27971 trading range between 27951-28174 and April Comex Gold futures closed at $1227.10, division of the New York Mercantile Exchange.

Gold markets reacted to a decision by President Donald Trump to dramatically fire FBI Director James Comex, fearing that

10/05/2017 10:12:20 AM | Posted in Commodities Reports read full news
Evening Update For 9th May 2017 - Angel Commodities

News and Analysis

* Chinese inflation data due tomorrow at 7 am IST.

* Fed member Loretta Mester upbeat on the US economy.

* LME Copper stocks declined by 2.5 percent on Monday.

European markets are trading higher following the optimism in the US stocks last night. Asian markets are trading lower and the US stocks futures