Gold prices rebounded from a two month low - IIFL

Commodities

Gold prices rebounded from a two month low, helped by speculation that North Korea may test yet another a long-range missile that can potentially hit US West Coast. Moreover, President Trump vaguely stated that relatively quiet sitution (pertient to North Korea) is probably a "calm before the storm," including possibility of mili

9/10/2017 11:18:17 AM | Posted in Commodities Reports read full news
MCX, gold prices are expected to trade higher today - Angel Commodities

Bullion

Gold

Spot gold traded lower for most of the week and ends lower by around 1 percent while writing while silver prices declines marginally by 0.2 percent.

Stronger dollar on account of good economic data from the US coupled with expectations that the US FED will push the button for the rate

9/10/2017 11:10:07 AM | Posted in Commodities Reports read full news
BUY Silver Dec 2017 @ 39650 SL 39450 TGT 39900-40150 - Kedia Commodity

MCX GOLD UPDATE

Gold prices gained on concerns stoked by a Russian report that North Korea is preparing to test a long-range missile and on support from the U.S. dollar's shift into negative territory. Earlier, bullion fell to a two-month low near at $1,260 an ounce on an upbeat reading of the U.S. unemployment rate and wage growth last month that

9/10/2017 10:52:44 AM | Posted in Commodities Reports read full news
The Crude oil has formed Head and shoulders pattern - Enrich Commodities

CRUDEOIL

Crude Oil on 6th October 2017, Crude Oil October futures down by (-73) pts (-2.20%) closed at 3240, trading range between 3223 – 3323. Crude oil for November delivery on the New York Mercantile Exchange settled at $ 49.29 a barrel.

Crude oil prices dipped lower to a weekly loss on Friday but rose up on Monday with investors&rs

9/10/2017 10:43:35 AM | Posted in Commodities Reports read full news
Gold prices are at nearby resistance area $1280 - Enrich Commodities

GOLD      

Gold on 6th Oct 2017, Gold prices up by (186) pts closed at 29573, trading range between 29312 - 29598 and December Comex Gold futures settled at $ 1274.90 division of the New York Mercantile Exchange.

Gold prices settled higher on Friday as dollar moved lower after the release of a nonfarm payrolls re

9/10/2017 10:36:44 AM | Posted in Commodities Reports read full news
Cardamom trading range for the day is 1081.5-1126.1 - Kedia

Gold

Gold prices gained on concerns stoked by a Russian report that North Korea is preparing to test a long-range missile and on support from the U.S. dollar's shift into negative territory. Earlier, bullion fell to a two-month low near at $1,260 an ounce on an upbeat reading of the U.S. unemployment rate and wage growth last month that supported e

Lead prices hit two-week highs - Choice Broking

LEAD

News and Developments

Lead prices hit two-week highs on Monday as worries increased about tighter supplies due to China's environmental crackdown, strong demand and falling inventories in Shanghai. The benchmark lead contract on the London Metal Exchange was up 1.6 percent at $2,393 a tonne, a gain of ar

MCX gold prices will head lower towards Rs.28300/ 10 gms - Angel Commodities

Commodities

Gold

Spot Gold prices declined 3.5 percent in September while MCX gold prices declined by a meagre 0.6 percent in the same time frame. Fading geo-political tensions between the US and the North Korea, dollar changing its course from weakness to strength, spate of good economic data from the US, p

7/10/2017 11:54:24 AM | Posted in Commodities Reports read full news
MCX gold prices are expected to trade sideways today - Angel Commodities

Bullion

Gold

On Thursday, spot gold prices declined 0.52 percent to close at $1267.7 per ounce after strong US economic data lifted the US dollar index and raised expectations of the US FED rate hike this December.

The U.S. trade deficit narrowed in August as exports of goods and services rose to a m

6/10/2017 11:16:00 AM | Posted in Commodities Reports read full news
We expect Jeera Nov futures expected to trade sideway - Angel Commodities

Soybean

NCDEX Soybean Oct futures closed lower for the fifth consecutive session and see some fresh selling on expectation of increase in arrivals from new season crop. Moreover, extend in the limits on stocks of oilseeds and edible oils with traders and mills till September 30, 2018 also bearish for the oilseeds. As the prices of soybean move below t

6/10/2017 11:02:24 AM | Posted in Commodities Reports read full news
Crude Oil prices reflect nearby 50-day simple moving average which is resistance at $51.25 - Enrich

Crude Oil

Crude Oil on 5th October 2017, Crude Oil October futures up by (47) pts (1.44%) closed at 3313, trading range between 3255 – 3340. Crude oil for November delivery on the New York Mercantile Exchange settled at $ 50.79 a barrel.

Crude oil prices rose higher on Thursday as fear over a slight increase in U.S. and Libyan productio

6/10/2017 10:50:00 AM | Posted in Commodities Reports read full news
BUY Silver Dec 2017 @ 38900 SL 38650 Tgt 39250-39600 - Kedia Commodity

MCX GOLD UPDATE

Gold on MCX settled down -0.06% at 29387 settled inched lower as US stocks surged to fresh record highs, denting the precious metal's safe haven appeal. Meanwhile Hawkish comments from a Fed also weighed on gold prices ahead of tomorrow's closely-watched jobs report. Also San Francisco Fed President John Williams says he doesn&#

6/10/2017 10:32:45 AM | Posted in Commodities Reports read full news
The Gold prices continue with the selling pressure towards downside low at $1270 - Enrich

Gold

Gold on 5th Oct 2017, Gold prices down by (- 19) pts closed at 29387, trading range between 29370 - 29500 and December Comex Gold futures settled at $ 1273.20 division of the New York Mercantile Exchange.

Gold prices traded below breakeven on Thursday, as the economic data pointed to strong U.S. economic growth underpinning a move higher

6/10/2017 10:30:09 AM | Posted in Commodities Reports read full news
 Menthaoil trading range for the day is 1199.6-1238.2 - Kedia

Gold

Gold on MCX settled down -0.06% at 29387 settled inched lower as US stocks surged to fresh record highs, denting the precious metal's safe haven appeal. Meanwhile Hawkish comments from a Fed also weighed on gold prices ahead of tomorrow's closely-watched jobs report. Also San Francisco Fed President John Williams says he doesn't need t

6/10/2017 10:22:20 AM | Posted in Commodities Reports read full news
Soyabean trading range for the day is 2932-3024 - Kedia Commodity

Soyabean

Soyabean on NCDEX settled down by -0.43% at 2976 tracking weakness in spot demand despite of by lower acreage and dry conditions in soybean growing areas of Madhya Pradesh. The IGC has increased the global soybean output in 2017/18 following record harvest in U.S. Global soybean production in 2017/18 was put at 348 million metric tonnes, up fr

5/10/2017 12:16:02 PM | Posted in Commodities Reports read full news
We expect oil prices to trade lower today - Angel Commodities

Bullion

Gold

On Wednesday, spot gold prices rose by 0.21 percent to close at $1274.3 per ounce as the U.S. dollar came off its lows on strong data from the U.S. service sector index.

Investors would be listening closely to comments by Fed Chair Janet Yellen later Wednesday at a Federal Reserve Bank

5/10/2017 11:56:56 AM | Posted in Commodities Reports read full news
We expect Jeera Nov futures expected to trade sideways - Angel Commodities

Soybean

NCDEX Soybean Oct futures closed lower for the fourth consecutive session and see some fresh selling on expectation of increase in arrivals for new season crop. Moreover, extend in the limits on stocks of oilseeds and edible oils with traders and mills till September 30, 2018 also bearish for the oilseeds. As the prices of soybean move below t

5/10/2017 11:41:49 AM | Posted in Commodities Reports read full news
The 4-hour Crude oil chart has formed Rising channel Pattern - Enrich Commodities

CRUDEOIL

Crude Oil on 4th October 2017, Crude Oil October futures down by (-45) pts (-1.36%) closed at 3266, trading range between 3248 – 3304. Crude oil for November delivery on the New York Mercantile Exchange settled at $ 49.98 a barrel.

Oil prices dipped lower on Wednesday on global oversupply concerns. U.S. crude exports surprised with a

5/10/2017 11:33:55 AM | Posted in Commodities Reports read full news
Gold prices hold above support line - Enrich Commodities

GOLD

Gold on 4th Oct 2017, Gold prices down by (-103) pts closed at 29406, trading range between 29360 - 29600 and December Comex Gold futures settled at $1276.80 division of the New York Mercantile Exchange.

Gold prices traded almost flat on Wednesday as dollar weighed heavy after the news that U.S Treasury Secretary Steven Mnuchin favours

5/10/2017 11:16:38 AM | Posted in Commodities Reports read full news