Buy Crude Oil @3,170 Target 3,260 - Sushil Finance

Gold

Gold prices eased after hitting a one month high on Tuesday as economic data from the United States showed increased signs that the Federal Reserve would raise interest rates next month. U.S. consumer spending recorded its biggest increase in four months in April and monthly inflation rebounded, pointing to firming domestic demand that could allow

31/05/2017 10:44:47 AM | Posted in Commodities Reports read full news
We expect MCX copper prices to trade higher today - Angel Commodities

Bullion

Gold

Gold prices declined marginally by 0.31 percent on Tuesday to close at $1262.7 per ounce prices eased after hitting a one month high as economic data from the United States showed increased signs that the Federal Reserve would raise interest rates next month.

U.S. consumer spending reco

31/05/2017 10:21:26 AM | Posted in Commodities Reports read full news
Evening Update For 30th May 2017 - Angel Commodities

News and Analysis

* Geopolitical tensions in Europe hurt global markets.

* LME Copper stocks fell by 1.1 percent on Friday.

* Chinese markets are closed today for Dragon Boat festival.

 

European markets are trading lower today on reports that Greece could opt out of its next bailout payment if creditors are

30/05/2017 5:28:41 PM | Posted in Commodities Reports read full news
Gold Spot Market Update on May 29, 2017 - Kedia Commodity

Gold Spot Market Update

* Polled Premium/Discount for 995 gold in Ahmedabad 0.00 USD/troy oz on May 29, 2017.

*Gold prices traded in range in thin holiday trade, with a softer dollar and a retreat in stock markets helping the metal cling on to the previous session's gains. KEDIA COMMODITY

* Jewellery stocks witnessed a bullish u

30/05/2017 3:17:16 PM | Posted in Commodities Reports read full news
Buy Gold August contract on dips 29000-28950 Target 29100-29200 Stop loss at 28900 - Enrich Commodities

Gold

Gold on Monday 29th May 2017, Gold prices up by 12 pts closed at 28900 trading range between 28832-28941 and June Comex Gold futures closed at $1268.10 division of the New York Mercantile Exchange

Trading volumes were likely to remain light with U.S. markets closed Monday for Memorial Day while the U.K. is also shuttered for a public hol

30/05/2017 11:17:05 AM | Posted in Commodities Reports read full news
Buy Crude Oil around 3210-3200 Target 3240-3280 Stop loss at 3180 - Enrich Commodities

Crude Oil

Crude Oil on Monday 29th May 2017, Crude Oil June futures prices up by 46 pts (1.43%) closed at 3259, trading range between 3198-3270 On the New York, Mercantile Exchange, Crude oil for June delivery on the New York Mercantile Exchange to settle at $48.80 a barrel.

U.S. demand for transport fuels such as gasoline used in cars and d

30/05/2017 11:12:07 AM | Posted in Commodities Reports read full news
Buy Silver @40,300 Target 40,800 - Sushil Finance

Gold

Gold held near its highest in a month on Monday in holiday-thinned trade, with a softer dollar and a retreat in stock markets helping the metal cling on to the previous session's gains. Gold hit its highest level since May 1 on Friday at $1,269.50 an ounce, as nervousness over U.S. President Donald Trump's negotiations with other world lea

30/05/2017 10:32:54 AM | Posted in Commodities Reports read full news
We expect Jeera futures to trade sideways - Angel Commodities

Agri-Fundamentals

Soybean

Soybean Jun futures fell to its lowest since March 2012 on Monday as supplies are high coupled with lower demand. India soybean sowing for the current kharif reached 23,000 ha so far vs 20,000 ha year ago. As per Agmarknet data, arrivals of soybean during the second half of May incr

30/05/2017 10:14:45 AM | Posted in Commodities Reports read full news
We expect MCX copper prices to trade lower today - Angel Commodities

Bullion

Gold

On Monday, international markets were closed on account of Memorial Day in the US while MCX gold prices rose marginally by 0.04 percent at Rs.28900 per 10 gms.

Gold hit its highest level since May 1 on Friday at $1,269.50 an ounce, as nervousness over U.S. President Donald Trump's

30/05/2017 10:00:41 AM | Posted in Commodities Reports read full news
Crude oil trading range for the day is 3170-3314 - Kedia Commodity

Gold

Gold traded in range in thin holiday trade and settled flat at 28900, with a softer dollar and a retreat in stock markets helping the metal cling on to the previous session's gains. Gold hit its highest since May 1 on Friday at $1,269.50 an ounce, as nervousness over U.S. President Donald Trump's negotiations with other world leaders at th

30/05/2017 9:40:17 AM | Posted in Commodities Reports read full news
Gold Spot Market Update - Kedia Commodity

Gold Spot Market Update

* Polled Premium/Discount for 995 gold in Ahmedabad 0.50 USD/troy oz on May 26, 2017.

* Sentiment remained firm got gold prices this week on the back of positive global cues as political uncertainty led investors to shun riskier assets in favour of bullion.

* Investors were watching North Korea, this weekend s Group o

29/05/2017 5:23:01 PM | Posted in Commodities Reports read full news
Evening Update For 29th May 2017 - Angel Commodities

News and Analysis

* US, UK and China markets are closed today.

* LME Copper stocks fell by 0.9 percent on Thursday.

* Fed will see if recent US economic slowdown is temporary before next rate hike.

 

European markets are trading mixed today in absence of major markets citing public holidays. Asian markets a

29/05/2017 4:48:53 PM | Posted in Commodities Reports read full news
Buy Gold on dips at 28800-28750 Target 28900-29000 Stop loss at 28700 - Enrich Commodities

Gold

Gold on Friday 26th May 2017, Gold prices up by 227 pts closed at 28888 trading range between 28705-28904 and April Comex Gold futures closed at $1268.10 division of the New York Mercantile Exchange

Gold remained higher even as the dollar firmed up after data showing that the U.S. economy slowed less than initially thought in the first t

29/05/2017 1:52:36 PM | Posted in Commodities Reports read full news
Buy Crude Oil around 3210-3220 Target 3244-3280 Stop loss at 3188 - Enrich Commodities

Crude Oil

Crude Oil on Friday 26th May 2017, Crude Oil June futures prices up by 35 pts (1.10%) closed at 3213, trading range between 3119-3220 On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $48.90 a barrel.

Crude oil prices fell sharply on Thursday, May 25 after OPEC ann

29/05/2017 1:39:46 PM | Posted in Commodities Reports read full news
We expect rmseed Jun contract on NCDEX to fall towards 3450/3400 - Angel Commodities

Rmseed

* Mustard Jun futures down more than 3% last week and dipping to their two year low as market participants are expecting higher supplies of crop in the physical market amid bumper crop forecast this season. Stockiest and millers are buying in the market at lower price levels.

* Mustard futures down more than 18.2% in 2017 due to higher

29/05/2017 12:04:59 PM | Posted in Commodities Reports read full news
We expect Natural gas prices to trade sideways - Sushil Finance

Gold

Gold rose to its highest in nearly four weeks on Friday as political uncertainty led investors to favor bullion over assets considered riskier such as stocks.

Leaders of the world's rich nations face difficult talks with Donald Trump at a G7 summit in Sicily on Friday after the U.S. president lambasted NATO allies and condemned Germa

29/05/2017 11:34:38 AM | Posted in Commodities Reports read full news
Cotton trading range for the day is 20927-21287 - 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. P

29/05/2017 11:22:39 AM | Posted in Commodities Reports read full news
We expect Jeera futures to trade sideways - Angel Commodities

Agri-Fundamentals

Soybean

Soybean Jun futures recover on last two days of last week but down for the week by 2.61% to close at Rs. 2,761 a quintal. Soybean prices are trending down since one month on higher supplies and lower demand. India soybean sowing for the current kharif reached 23,000 ha so far vs 20,0

29/05/2017 11:04:42 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 rose 0.9 percent to close at $1266.7/oz, while MCX gold prices rose by same margin to close at Rs.28888 per 10 gms.

The dollar slipped and minutes of the Federal Reserve's last policy meeting suggested the U.S. central bank was cautious about raising inte

29/05/2017 10:37:45 AM | Posted in Commodities Reports read full news
Evening Update For 26th May 2017 - Angel Commodities

News and Analysis

* Oil plunged 5 percent yesterday after OPEC’s decision.

* LME Copper stocks fell by 0.9 percent on Thursday.

* Fed will see if recent US economic slowdown is temporary before next rate hike.

 

European markets are trading lower today in line with sharp plunge in crude oil prices afte

26/05/2017 5:14:59 PM | Posted in Commodities Reports read full news
Buy Gold on dips at 28600-28630 Target 28700-28800 Stop loss at 28550 - Enrich Commodities

Gold

Gold on Thursday 25th May 2017, Gold prices down by 52 pts closed at 28661 trading range between 28765-28635 and April Comex Gold futures closed at $1256.40 division of the New York Mercantile Exchange

Overnight, gold futures steadied on Thursday, after the Federal Reserve’s May meeting minutes, raised concerns over whether the Fed

26/05/2017 12:30:23 PM | Posted in Commodities Reports read full news
Sell Crude Oil on Rise 3165-3175 Target 3120-3080 stops loss at 3200 - Enrich Commodities

Crude Oil

Crude Oil on Thursday 25th May 2017, Crude Oil June futures prices down by 151 pts (-4.54%) closed at 3178, trading range between 3365-3166 On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $48.90 a barrel.

Oil prices tumbled dropping more than 4%, as the markets s

26/05/2017 12:24:59 PM | Posted in Commodities Reports read full news