We expect bullion prices to trade sideways to down today - Alpha Commodity

Bullion

* Gold silver prices traded lower witnessing correction from recent resistance levels. The stronger dollar and better than expected US data pressured prices to trade lower. The positive payroll data may raise speculation over FED rate hike in next FOMC meeting. Gold ETF holdings declined to 847.45 remained steady.

* We expect gold sil

Crude oil prices are expected to trade lower - Angel Commodities

Bullion

Gold

On Thursday, spot gold prices declined by 0.22 percent to close at $1265.3 per ounce on account of stronger dollar after a report showed that the U.S. economy created more private-sector jobs than expected in May, further strengthening expectations for an interest rate hike this month.

U

We expect Ref Soy oil and CPO futures to trade sideways - Angel Commodities

Agri-Fundamentals

Soybean

Soybean Jun futures rebound on Wednesday tracking good spot demand as supplies are dwelling. However, the prices are still at levels lowest since March 2012 due to higher supplies and good progress of new season crop. India soybean sowing for the current kharif reached 23,000 ha so fa

We expect silver prices to trade positive - Sushil Finance

Gold

Gold prices eased on Thursday as the dollar rallied after a report showed that the U.S. economy created more private-sector jobs than expected in May, further strengthening expectations for an interest rate hike this month.

U.S. private employers added 253,000 jobs in May, above economists' expectations, a report by a payrolls proce

2/06/2017 12:31:30 PM | Posted in Commodities Reports read full news
Sell Crude oil Rise on 3100 -3110 Target 3070-3025 Stop loss at 3133 - Enrich Commodities

CRUDE OIL

Crude Oil on Thursday 1st June 2017, Crude Oil June futures prices Up by 32 pts (1.02%) closed at 3159, trading range between 3114-3175 On the New York, Mercantile Exchange, Crude oil for June delivery on the New York Mercantile Exchange to settle at $48.36 a barrel.

Crude futures soared to a high of 3170 earlier in the session but

2/06/2017 12:08:17 PM | Posted in Commodities Reports read full news
Buy Gold August contract on dips 28875- 28850 Target 28950-29000 Stop loss at 28800 - Enrich Commodities

GOLD

Gold on Thursday 1st June 2017, Gold prices down by 151 pts closed at 29943 trading range between 28870-29034 and April Comex Gold futures closed at $1267.00 division of the New York Mercantile Exchange

Gold drifted weaker in Asia on Friday as investors kept a close eye on the yuan after it surged to a near seven-month high on Thursday f

2/06/2017 11:54:37 AM | Posted in Commodities Reports read full news
Crudeoil trading range for the day is 3088-3210 - Kedia Commodity

Gold

Gold on MCX settled down -0.52% at 28943 pauses it's run and slipped away trimming its recent gains as the dollar regained some ground ahead of a string of US data due later in the day and on Friday amid mounting hopes for a June rate hike by the Federal Reserve. Despite the recent run on resistance, day traders continue to buy on the dips.

2/06/2017 10:31:47 AM | Posted in Commodities Reports read full news
Evening Update For 1st June 2017 - Angel Commodities

News and Analysis

* Oil prices surge ahead of Trump’s decision on Paris accord.

* LME Copper stocks fell by 1 percent on Wednesday.

* Final Manufacturing PMI at six year high of 57 in May’17.

 

European markets are trading higher today as regions’ final manufacturing activity in May expande

Gold Spot Market Update On June 01, 2017 - Kedia Commodity

Gold Spot Market Update

* Polled Premium/Discount for 995 gold in Ahmedabad -1.00 USD/troy oz on May 31, 2017.

* Gold prices yesterday morning traded in the range while in evening session prices regained its strength as the dollar dipped and simmering geopolitical tensions lent support, while upside still capped amid an increased chance of a

Gold And Silver Trading Idea for Commodities - Kedia Commodity

Trading Idea for Commodities

Gold

Goldpricesrecoveredasdollardippedandsimmeringgeopoliticaltensionslentsupport,whileupsidewillbecappedonratehikeexpectation.

Tradersseean86.6percentchanceofa25-basis-pointratehikeattheFed'sJune13-14policymeeting.

Inves

Crude Oil prices traded mixed witnessing both side movements - Alpha Commodity

Bullion

* Gold silver prices traded higher witnessing recovery from intraday lows on weak US and China data. The dollar index fell sharply overnight giving a way to precious metals to shine raising concerns over June rate hike. Gold ETF holdings declined to 847.45 remained steady.

* We expect gold silver prices to trade sideways to up on unce

Buy Gold August contract on dips 28950-75 Target 29000-29100 Stop loss at 28860 - Enrich Commodities

Gold

Gold on Wednesday 31st May 2017, Gold prices Up by 102 pts closed at 29094 trading range between 28868-29119 and June Comex Gold futures closed at $1272 division of the New York Mercantile Exchange.

Gold prices held steady on Wednesday, amid mounting expectations for a U.S. rate hike next month as investors awaited the release of key U.S

1/06/2017 12:03:26 PM | Posted in Commodities Reports read full news
Sell Crude Oil Rise on 3155-3165 Target 3130-3100 Stop loss at 3185 - Enrich Commodities

Crude Oil

Crude Oil on Wednesday 31st May 2017, Crude Oil June futures prices down by 76 pts (-2.37%) closed at 3127, trading range between 3196-3090 On the New York, Mercantile Exchange, Crude oil for June delivery on the New York Mercantile Exchange to settle at $48.32 a barrel.

Oil prices fell as investors ignored Saudi and Russian Energy

1/06/2017 11:57:04 AM | Posted in Commodities Reports read full news
We expect Jeera futures expected to trade higher - Angel Commodities

Agri-Fundamentals

Soybean

Soybean Jun futures closed unchanged yesterday and continue to trade at levels lowest since March 2012 due to lower demand, higher supplies and good progress of new season crop.

India soybean sowing for the current kharif reached 23,000 ha so far vs 20,000 ha year ago. As

1/06/2017 11:09:06 AM | Posted in Commodities Reports read full news
Buy Gold @29,000 Target 29,300 - Sushil Finance

Gold

Gold prices rose on Wednesday as the dollar dipped and simmering geopolitical tensions lent support, though the metal was little changed for the month amid an increased chance of a U.S. interest rate rise next month.

The dollar edged lower versus a currency basket amid growing political tension in Washington. Sterling recovered after a p

1/06/2017 10:59:00 AM | Posted in Commodities Reports read full news
Silver trading range for the day is 39627-40427 - Kedia Commodity

Gold

Gold on MCX settled up 0.79% at 28888 as a fresh round of geopolitical jitters, this time pinned to North Korea, offset generally gold-negative sentiment stemming from expectations for higher interest rates. San Francisco Federal Reserve President John Williams said he is spending more time thinking about how fiscal policies under U.S. President

1/06/2017 10:53:25 AM | Posted in Commodities Reports read full news
We expect gold prices to trade higher today - Angel Commodities

Bullion

Gold

On Wednesday, spot gold prices rose by 0.43 percent to close at $1268.1 per ounce as the dollar dipped and simmering geopolitical tensions lent support, though the metal was little changed for the month amid an increased chance of a U.S. interest rate rise next month.

The dollar edged l

1/06/2017 10:12:35 AM | Posted in Commodities Reports read full news
Evening Update For 31st May 2017 - Angel Commodities

News and Analysis

* Nickel prices plunge to 11-month low levels.

* LME Copper stocks fell by 1.3 percent on Tuesday.

* Chinese Manufacturing PMI at 51.2 in May’17.

 

European markets are trading mixed today citing ongoing political uncertainty ahead of Britain’s’ elections next week. Asian

31/05/2017 4:54:47 PM | Posted in Commodities Reports read full news
Gold Spot Market Update On May 31, 2017 - Kedia Commodity

Gold Spot Market Update

* Polled Premium/Discount for 995 gold in Ahmedabad 0.00 USD/troy oz on May 30, 2017.

* Gold traded in the range in yesterday session while dropped trimming recent gains amid mixed economic data and comments from a Federal Reserve official. With incoming economic news scrutinized ahead of the upcoming Fed rate-setting

31/05/2017 3:35:34 PM | Posted in Commodities Reports read full news
We expect Ref Soy oil and CPO futures to trade sideways - Angel Commodities

Agri-Fundamentals

Soybean

Soybean Jun futures continue its downtrend for the second consecutive session on Tuesday and fell to its lowest since March 2012 on lower demand, higher supplies and good progress of new season crop. India soybean sowing for the current kharif reached 23,000 ha so far vs 20,000 ha ye

31/05/2017 11:58:35 AM | Posted in Commodities Reports read full news
Sell Gold August contract rise on 29000-28950 Target 28900-28850 Stop loss at 29050 - Enrich Commodities

Gold

Gold on Tuesday 30th May 2017, Gold prices down by 118 pts closed at 28948 trading range between 29116-28920 and June Comex Gold futures closed at $1262.10 division of the New York Mercantile Exchange

Federal Reserve Governor Lael Brainard said Tuesday that an interest rate hike is "likely appropriate soon", but warned that slo

31/05/2017 11:08:55 AM | Posted in Commodities Reports read full news
Sell Crude oil Raise on 3200-3210 Target 3175-3150 Stop loss at 3233 - Enrich Commodities

Crude Oil

on Tuesday 30th May 2017, Crude Oil June futures prices down by 56 pts (-1.72%) closed at 3203, trading range between 3245-3175 On the New York, Mercantile Exchange, Crude oil for June delivery on the New York Mercantile Exchange to settle at $49.66 a barrel.

Overnight, crude futures settled lower, as investors continued to questio

31/05/2017 11:03:39 AM | Posted in Commodities Reports read full news