Gold future rise on sell 29050-29100 Target 28900-28850 Stop loss 29200 - Enrich

Gold

Gold on Monday 6th March 2017, Gold prices down by -75pts (-0.26%) & closed at 28945 trading range between 28923-29189 and April Comex Gold futures closed at $1225.50, division of the New York Mercantile Exchange.

Gold prices hovered near a two-week low on Monday as markets brace for the Federal Reserves expected rate hike this month

7/03/2017 12:01:56 PM | Posted in Commodities Reports read full news
Rmseed trading range for the day is 3784-3920 - Kedia Commodity

Gold

Gold on MCX settled down -0.26% at 28945 pressured by comments from Federal Reserve Chair Janet Yellen that reinforced expectations of an increase to U.S. interest rates this month. However, traders said that geopolitical tensions created by North Korea firing four ballistic missiles into the sea off Japan's northwest coast were supportive to

7/03/2017 11:47:36 AM | Posted in Commodities Reports read full news
We expect Crude oil prices to trade lower - Angel Commodities

Bullion

Gold

On Monday, spot gold prices declined by 0.7 percent to close at $1225.6 per ounce pressured by comments from Federal Reserve Chair Janet Yellen that reinforced expectations of an increase to U.S. interest rates this month.

Yellen said last week that the Fed was poised to lift benchmark U

7/03/2017 10:59:12 AM | Posted in Commodities Reports read full news
We expect crude oil prices to trade - Sushil Finance

Gold

Gold fell for the third straight session on Monday, but hovered above Friday's two-week low, pressured by comments from Federal Reserve Chair Janet Yellen that reinforced expectations of an increase to U.S. interest rates this month.

Yellen said last week that the Fed was poised to lift benchmark U.S. rates provided jobs and inflatio

7/03/2017 10:37:01 AM | Posted in Commodities Reports read full news
We expect cotton and kapas futures to trade sideways - Angel Commodities

Agri-Fundamentals

Soybean

Soybean futures closed lower on Monday due reports adequate supplies in the domestic physical markets. The oil millers are active at lower prices. Soybean in spot market gets some boost from increase in meal exports. According to a release by the Soybean Processors Association of Indi

7/03/2017 10:12:31 AM | Posted in Commodities Reports read full news
Evening Update For 6th March 2017 - Angel Commodities

News and Analysis

* China cuts its growth forecast to 6.5 percent for 2017.

* LME Copper stocks jumped by a whopping 20 percent on Friday.

* UK’s Services PMI fell to 53.3 in Feb’17.

 

European stocks are trading lower today as falling growth prospects in China and uncertainty over French Preside

We expect guar seed and Gum prices March delivery contracts to trade higher - Angel Commodities

Guar Complex

* Guar complex prices have jumped higher for the 4 th consecutive week. Guar gum prices closed higher by 6.8% last week while guar seed surged about 6%. This sudden surge in prices is mainly due to lower arrivals of guar seed and improved exports of guar gum.

* In 2016/17, the arrivals of new season guar seed were slow. The arriv

We expect LME Copper prices to trade lower around $5810/t - Angel Commodities

Gold

* Last week, Spot gold prices traded lower by 1.8 percent, to close at $1234.22/oz, as a stronger DX along with rally in the US equities after Trump reiterated on his tax cuts, infrastructure and defence spending plans in his speech before the Congress, pressurised the yellow metal.

* Prices plunged to two week lows after the rate hike b

Turmeric trading range for the day is 6724-6984 - Kedia Commodity Ltd

Gold

Gold on MCX settled down -0.51% at 29020 as speculation grew that the U.S. Federal Reserve would press ahead with a rate increase this month. Fed Chair Janet Yellen said that the central bank is set to raise its benchmark interest rate later this month as long as economic data on jobs and inflation holds up. Prior to Yellen's comments, the pr

6/03/2017 11:22:55 AM | Posted in Commodities Reports read full news
We expect gold prices to trade lower - Angel Commodities

Bullion

Gold

Last week, Spot gold prices traded lower by 1.8 percent, to close at $1234.22/oz, as a stronger DX along with rally in the US equities after Trump reiterated on his tax cuts, infrastructure and defence spending plans in his speech before the Congress, pressurised the yellow metal.

Prices

6/03/2017 11:05:30 AM | Posted in Commodities Reports read full news
We expect Soybean prices may trade sideways - Angel Commodities

Agri-Fundamentals

Soybean

Soybean futures closed little higher for the week on bargain buying but reports adequate supplies in coming months keeping prices in a range. The oil millers are active at lower prices. Soybean in spot market gets some boost from increase in meal exports. The Soybean Processors Associ

6/03/2017 10:44:07 AM | Posted in Commodities Reports read full news
We expect Natural gas prices to trade sideways - Sushil Finance

Gold

Gold fell 1 percent on Friday and was on track for its biggest weekly loss in 2017 as speculation grew that the U.S. Federal Reserve would press ahead with a rate increase this month.

Fed Chair Janet Yellen said on Friday that the central bank is set to raise its benchmark interest rate later this month as long as economic data on jobs a

6/03/2017 10:33:39 AM | Posted in Commodities Reports read full news
Crude Oil Buy above 3530-40 target 3555-3575 stop loss 3520 - Enrich Commodities

Crude Oil

Crude Oil on Friday 3rd March 2017, Crude Oil March futures prices up by 19 pts (0.54%) closed at 3556, trading range between 3520-3567.On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $53.23 a barrel.

Crude prices rose on Friday ahead of the weekend after touchin

Evening Update For3rd March 2017 - Angel Commodities

News and Analysis

* Yellen’s speech tonight will be keenly watched.

* LME Copper stocks plunged 1.8 percent on Thursday.

* UK’s Services PMI fell to 53.3 in Feb’17.

European stocks are trading lower today as risk appetite turned negative ahead of Janet Yellen’s speech tonight. Asian markets are trad

Natural gas prices traded steady witnessing short recovery - Alpha Commodity

Bullion

* Gold silver prices traded lower in evening session witnessing sharp decline. Bullion prices came under pressure on growing optimism of Fed rate hike after few FOMC members indicated the same in last week speeches.

* US President Trump failed to give clarity and details over proposed tax reforms however bullion prices declined with s

Crude Oil Sell Below at 3530 target 3505-3485 stop loss 3560 - Enrich

Crude Oil

Crude Oil on Thursday 2nd March 2017, Crude Oil March futures prices down by -67 pts (-1.86%) closed at 3537, trading range between 3530-3595.On the New York, Mercantile Exchange,

oil for February delivery on the New York Mercantile Exchange to settle at $52.61 a barrel. Crude price kept falling on Thursday for the third straight se

3/03/2017 12:58:45 PM | Posted in Commodities Reports read full news
Nickel trading range for the day is 710.1-743.7 - Kedia Commodity

Gold

Gold on MCX settled down -0.88% at 29170 buoyed by a firm dollar and rising U.S. rate hike expectations in March following buoyant U.S. economic data and hawkish comments from Federal Reserve governors. Gold took a hit after data on Thursday showed U.S. jobless claims fell to a 44-year low. Labour tightness, combined with rising inflation, could e

3/03/2017 12:19:04 PM | Posted in Commodities Reports read full news
We expect silver prices to trade sideways - Sushil Finance

Gold

Gold prices were on track for their weakest session since December on Thursday, buoyed by a firm dollar and rising U.S. rate hike expectations in March following buoyant U.S. economic data and hawkish comments from Federal Reserve governors.

Gold took a hit after data on Thursday showed U.S. jobless claims fell to a 44-year low. Labor ti

3/03/2017 11:55:30 AM | Posted in Commodities Reports read full news
We expect oil prices to trade lower - Angel Commodities

Bullion

Gold

Spot gold prices traded lower by 1.1 percent on Thursday, the biggest one day decline this year, to close at $1234.7/oz, as the rate hike bets gained momentum amidst hawkish comments from the Fed members ahead of March meeting.

William Dudley's hawkish remarks gave way to similar vie

3/03/2017 11:01:34 AM | Posted in Commodities Reports read full news
Gold Sell below 29200-29250 Target 29100-29000 Stop loss 29350 - Enrich Commodities

Gold

Gold on Thursday 2nd March 2017, Gold prices down by -258 pts (-0.88%) & closed at 29170 trading range between 29143-29422 and April Comex Gold futures closed at $1232.90, division of the New York Mercantile Exchange.

Gold prices widened their losses on Thursday to a one-week low as the dollar rallies to a seven-week high, amid surgi

3/03/2017 10:43:29 AM | Posted in Commodities Reports read full news
We expect cotton and kapas futures to trade sideways - Angel Commodities

Agri-Fundamentals

Soybean

Soybean futures closed lower on Thursday due to reports that the supplies will adequate in coming months. The production is expected to be higher this year and the oil millers are active at lower prices. Soybean in spot market gets some boost from increase in meal exports. The Soybean

3/03/2017 10:28:19 AM | Posted in Commodities Reports read full news