We expect oil prices to trade higher as higher - Angel Commodities

Bullion

Gold

Gold Spot gold gains on Thursday by half a percent to close at $1286.9 while MCX gold prices declines by 0.2 percent to close at Rs.29600 per 10 gms.

Prices rebounds from a six week low amidst weak dollar and short covering at lower levels while speculative funds stick to the yellow meta

29/09/2017 11:55:21 AM | Posted in Commodities Reports read full news
We expect Ref Soy oil to trade sideways due to higher - Angel Commodities

Agri-Fundamentals

Soybean

NCDEX Soybean Oct futures closed down as market participants initiated fresh selling on Thursday due to anticipation of higher arrivals from next week. As per Agmarknet data, soybean arrivals during the first 25 days is pegged at 2.28 lakh tonnes compared to 1.99 lakh tonnes in August

29/09/2017 11:37:53 AM | Posted in Commodities Reports read full news
Crude oil prices, reached higher top in the first half session - Enrich Commodities

CRUDEOIL

Crude Oil on 28 th September 2017, Crude Oil October futures prices down by (-43) pts (-1.26%) closed at 3373, trading range between 3360 – 3472. Crude oil for November delivery on the New York Mercantile Exchange settled at $ 51.56 a barrel.

Crude oil prices dipped lower on Thursday, but optimistic climate prevailed among inv

29/09/2017 11:09:49 AM | Posted in Commodities Reports read full news
Turmeric trading range for the day is 7142-7350 - Kedia

Gold

Gold on MCX settled down -0.17% at 29608 as rupee slipped to a fresh six and a half month low, while Comex Gold rebounded as the dollar turned lower and ushered in short-covering. Bullion was earlier pressured on proposed US tax reforms and strong economic data that supported the case for another US interest rate hike this year.

The dol

29/09/2017 10:46:25 AM | Posted in Commodities Reports read full news
Gold Resistance holds at 50 day moving average at $1299(30000) - Enrich Commodities

GOLD

Gold on 28th September 2017, Gold prices down by (-50) pts closed at 29608, trading range between 29522 - 29686 and December Comex Gold futures settled at $ 1288.70 division of the New York Mercantile Exchange.

Gold prices traded flat on Thursday, as dollar moved lower which gave raise to downside momentum, but the precious metal remain

29/09/2017 10:32:23 AM | Posted in Commodities Reports read full news
BUY SILVER DEC 2017 @ 39750 SL 39500 TGT 39950-40150 - Kedia Commodity

MCX GOLD UPDATE

Gold on MCX settled down -0.17% at 29608 as rupee slipped to a fresh six and a half month low, while Comex Gold rebounded as the dollar turned lower and ushered in short-covering. Bullion was earlier pressured on proposed US tax reforms and strong economic data that supported the case for another US interest rate hike this year.

Jeera trading range for the day is 18645-19285 - Kedia

Gold

Gold on MCX settled down -0.72% at 29658 as worries about the war of words between the US and North Korea faded while Fed Chair Janet Yellen struck a modestly hawkish tone in a much anticipated speech.

FOMC rate hike prospects remain in focus. Another batch of speeches from Fed officials will cross the wires alongside statistics on durab

28/09/2017 1:11:04 PM | Posted in Commodities Reports read full news
Sell Gold Oct 2017 @ 29800 SL 29980 Tgt 29680-29580 MCX - Kedia Commodity

MCX GOLD UPDATE

Gold on MCX settled down -0.72% at 29658 as worries about the war of words between the US and North Korea faded while Fed Chair Janet Yellen struck a modestly hawkish tone in a much anticipated speech. FOMC rate hike prospects remain in focus. Another batch of speeches from Fed officials will cross the wires alongside statistics on dura

28/09/2017 12:48:24 PM | Posted in Commodities Reports read full news
We expect gold prices to trade sideways - Angel Commodities

Bullion

Gold

On Wednesday, spot gold prices declined by 1 percent to close at $1280.7 per ounce on heightened expectations that the U.S. Federal Reserve will raise interest rates again this year.

The U.S. dollar touched a one-month high against a basket of currencies after Federal Reserve chief Jan

28/09/2017 12:31:00 PM | Posted in Commodities Reports read full news
Cotton futures are expected trade higher - Angel Commoditie

Agri-Fundamentals

Soybean

NCDEX Soybean Oct futures closed little higher on Wednesday on technical rebound after trading lower in last two trading sessions. However, there is restricted upside due to pressure by the arrival of new season soybean. As per Agmarknet data, soybean arrivals during the first 25 days is pegged at

28/09/2017 12:13:32 PM | Posted in Commodities Reports read full news
Gold prices moved further lower - IIFL

Commodities

Gold prices moved further lower, dented by growing narrative of rising interest rates in US and stronger greenback. Moreover, relatively quiet situation on North Korean front has also diluted the buying appetite in the precious pack.

Oil futures scaled lower, witnessing bout of profit taking after a sharp rise during past few trad

28/09/2017 11:47:51 AM | Posted in Commodities Reports read full news
Crude oil prices were under consolidation mode and the sideway trend - Enrich Commodities

CRUDEOIL

Crude Oil on 27th September 2017, Crude Oil October futures prices up by (14) pts (0.41%) closed at 3416, trading range between 3398 – 3451. Crude oil for November delivery on the New York Mercantile Exchange settled at $52.14 a barrel.

Crude oil prices edged higher on Wednesday, optimism prevailed among traders as data revealed an une

28/09/2017 11:46:31 AM | Posted in Commodities Reports read full news
Gold prices sliced support at 1290 - Enrich Commodities

GOLD

Gold on 27th September 2017, Gold prices down by (-214) pts closed at 29658, trading range between 29626 - 29928 and December Comex Gold futures settled at $ 1287.80 division of the New York Mercantile Exchange.

Gold prices dipped lower on Wednesday despite a rally in the dollar on the back of rising expectations of a year-end rate hike

28/09/2017 10:12:58 AM | Posted in Commodities Reports read full news
Oil prices are also underpinned by concerns regarding the Kurdish independence referendum - IIFL

Gold

After surging above US$1,315/oz in light of escalating war rhetoric from North Korea and US, gold prices have retreated once again from the highs. Hawkish remarks from Fed Chair Jnet Yellen seems to be troubling the gold bugs. Yellen stated that the central bank needs to persist with rate hike despite subdutes inflationary pressure, a remarkable f

27/09/2017 1:07:17 PM | Posted in Commodities Reports read full news
Gold trading range for the day is 29551-30329 - Kedia Commodity

Gold

Gold on MCX settled down -0.56% at 29872 fell as comments by US Federal Reserve Chairwoman Janet Yellen reinforced expectations for another interest-rate increase before the end of the year. The retreat follows back-to-back session gains on the heels of tensions between the US and North Korea.

In a speech Tuesday, Yellen said that while

27/09/2017 1:00:13 PM | Posted in Commodities Reports read full news
Crude prices in the 4H chart have formed `Rising Wedge Pattern`- Enrich Commodities

CRUDEOIL

Crude Oil on 26th September 2017, Crude Oil October futures prices down by (-4) pts (0.12%) closed at 3402, trading range between 3373 – 3435. Crude oil for November delivery on the New York Mercantile Exchange settled at $ 51.88 a barrel.

Crude oil prices dipped lower on Tuesday, as investors take profit on the latest rally w

27/09/2017 12:07:32 PM | Posted in Commodities Reports read full news
Currently Gold prices have broken resistance and have returned to retest at $ 1297 - Enrich Commodities

GOLD

Gold on 26 th September 2017, Gold prices down by (-167) pts closed at 29872, trading range between 29780 - 30169 and December Comex Gold futures settled at $1301.70 division of the New York Mercantile Exchange.

Gold prices dipped lower on Tuesday as the rate-hike expectations on December skipped after the comments from Federal Reserve

27/09/2017 11:55:01 AM | Posted in Commodities Reports read full news
We expect oil prices to trade higher today - Angel Commodities

Bullion

Gold

On Tuesday, spot gold prices declined by 1.27 percent to close at $1293.5 per ounce after Federal Reserve Chair Janet Yellen said the central bank needed to continue gradual rate hikes, despite weak inflation. This came after the metal rose to a one-week high at $1,313.54 earlier in the session, extending gains

27/09/2017 10:54:17 AM | Posted in Commodities Reports read full news