Jeera trading range for the day is 18850-19650 - Kedia Commodity

Gold

Gold on MCX settled down -0.09% at 28516 remained roughly unchanged on Monday while sentiments still remain firm as dollar weakness continued to dominate trading on Monday and also provided further net support to gold as prices tested 4-week highs, but prices are liable to correct lower. Fresh concerns surrounding the US political outlook was als

25/07/2017 10:58:05 AM | Posted in Commodities Reports read full news
Soybean futures are expected to trade higher - Angel Commodities

Agri-Fundamentals

Soybean

NCDEX Soybean August futures see some long liquidation on Monday tracking weak spot market. However, reports of lower sowing compared to last year keeping the prices in a range since last week. Moreover, good stocks and steady demand is pressurizing the prices.

As per gove

25/07/2017 10:24:35 AM | Posted in Commodities Reports read full news
WTI Crude Oil prices bounce back from low - Enrich Commodities

CRUDE OIL

Crude Oil on Monday 24th July 2017, Crude Oil August futures prices Up by ( 32 ) pts (1.08%) closed at 2997, trading range between 2936 – 3003. Crude oil for September delivery on the New York Mercantile Exchange settled at $46.34 a barrel.

Oil extended gains once sources revealed that OPEC stirred to limit Nigerian oil output

25/07/2017 10:18:28 AM | Posted in Commodities Reports read full news
Trader has to be vigilantly watching at $1250(28480) as this would be today`s support - Enrich Commodities

GOLD

Gold on Monday 24th July 2017, Gold prices down by (-25) pts closed at 28516 trading range between 28500 - 28610 and August Comex Gold futures settled at $1254.30 division of the New York Mercantile Exchange.

Gold prices were almost unaffected as the investors fret over the optimistic economic data at the forefront of the Federal Reserve

25/07/2017 10:13:30 AM | Posted in Commodities Reports read full news
Crude oil prices are expected to trade higher today - Angel Commodities

Bullion

Gold

ON Monday, spot gold prices rose marginally by 0.04 percent to close at $1254.9 per ounce after bullion rose to a one-month high as political turmoil in the United States boosted sentiment ahead of a Federal Reserve monetary policy meeting this week.

Investigations into alleged Russian

25/07/2017 9:56:13 AM | Posted in Commodities Reports read full news
Evening Update For 24th July 2017 - Angel Commodities

News and Analysis

* Gold prices at one month high

* Supply concerns lifts copper prices

* Oil prices slip to one week low

European markets are trading lower today on profit booking while Asian markets are trading mixed and the US stock futures are trading in the red Gold prices are trading lower today by 0.12 percent at $

24/07/2017 5:21:57 PM | Posted in Commodities Reports read full news
We expect Cotton for October delivery to trade higher - Angel Commodities

Gold

* Last week, spot gold prices rose by 2.3 percent to close at $1254.4 per ounce and MCX gold prices rose by 2 percent to close at Rs.28756 per 10 gms. • prices hit a more than two-week high supported by expectations of stronger demand from the physical market and as the dollar fell on fading prospects of an imminent increase in U.S. interest

24/07/2017 4:28:14 PM | Posted in Commodities Reports read full news
Markets are now keeping an eye on the scheduled meeting today between OPEC and non-OPEC - IIFL

Commodities

Gold prices reclaimed US$1,250/oz mark, helped by weak greenback upside in yellow metal is also attracting speculative interest, with CFTC reporting that non-commercials have hiked their net long positions on COMEX Gold for the first time in six weeks. However, funds and money managers seem not to be that optimistic on silver, with net shor

24/07/2017 11:52:10 AM | Posted in Commodities Reports read full news
Gold prices are expected to trade higher today - Angel Commodities

Bullion

Gold

Last week, spot gold prices rose by 2.3 percent to close at $1254.4 per ounce and MCX gold prices rose by 2 percent to close at Rs.28756 per 10 gms.

prices hit a more than two-week high supported by expectations of stronger demand from the physical market and as the dollar fell on fadi

24/07/2017 11:00:39 AM | Posted in Commodities Reports read full news
Crude oil prices trajectory with bearish pressure as more is expected from OPEC - Enrich Commodities

CRUDE OIL

Crude Oil on Friday 21st July 2017, Crude Oil August futures prices down by ( -72 ) pts (-2.37%) closed at 2965, trading range between 2957 – 3047. Crude oil for September delivery on the New York Mercantile Exchange settled at $ 45.77 a barrel.

At the forefront of the meeting on OPEC and allies which is scheduled on July 24,

24/07/2017 10:50:23 AM | Posted in Commodities Reports read full news
In this pattern, prices broke out slope resistance line at 1227 - Enrich Commodities

GOLD

Gold on Friday 21st July 2017, Gold prices up by (210) pts closed at 28541 trading range between 28283 - 28559 and August Comex Gold futures settled at $1254.90 division of the New York Mercantile Exchange.

On Monday, Gold marked a little lower in Asia with the recent glimpse from the Fed which is likely to pitch the way this week.

24/07/2017 10:38:02 AM | Posted in Commodities Reports read full news
Turmeric trading range for the day is 6940-7636 - Kedia Commodity

Gold

Gold on MCX settled up 0.74% at 28541 as turmoil in the White House and weakness in the U.S. dollar spurred haven demand for the precious metal. White House Press Secretary Sean Spicer quit Friday after telling Trump he disagreed with the hiring of Anthony Scaramucci as communications director, reports said. Bond yields fell after European Centra

24/07/2017 10:12:05 AM | Posted in Commodities Reports read full news
Weekly Agri-Commodities Update - Angel Commodities

Below is the view On Weekly Agri-Commodities Update by Mr. Ritesh Kumar Sahu (Fundamental Analyst– Agri Commodities, Angel Commodities Broking):

“During the current week, futures contracts of all benchmark edible oil and oilseed basket, excluding mustard (Rmseed), traded higher on domestic commodity exchanges. Soybean futures on N

22/07/2017 3:55:25 PM | Posted in Commodities Reports read full news
Evening Update For 21st July 2017 - Angel Commodities

News and Analysis

* ECB keeps its monetary policy steady.

* LME Copper stocks fell by 0.5 percent on Thursday.

* UK Retail Sales gained 0.6 percent in June’17.

European markets are trading lower as the ECB kept its monetary policy steady. Asian markets are trading lower and the US stock futures are trading mixed.

21/07/2017 5:22:34 PM | Posted in Commodities Reports read full news
CPO trading range for the day is 477.7-486.1 - Kedia Commodity

Gold

Gold on MCX settled up 0.29% at 28331 as the euro jumped in the wake of a ECB meeting, putting pressure on the dollar. The ECB, as expected, left interest-rate policy and other stimulative measures untouched. But the euro jumped as investors looked beyond seemingly dovish remarks by ECB President Mario Draghi to continued expectations the institu

21/07/2017 11:11:35 AM | Posted in Commodities Reports read full news
We expect MCX copper prices to trade higher today - Angel Commodities

Bullion

Gold

On Thursday, gold prices rose by 0.31 percent to close at $1244.2 per ounce after European Central Bank President Mario Draghi said ECB policymakers would discuss potential changes to the bank's bondbuying scheme in the autumn, lifting the euro to a 14-month high.

Draghi said the p

21/07/2017 10:54:46 AM | Posted in Commodities Reports read full news
WTI Crude oil prices reached fresh highs at $47.72 - Enrich Commodities

CRUDE OIL

Crude Oil on Thursday 20th July 2017, Crude Oil July futures prices down by ( -17 ) pts ( -0.56%) closed at 3037, trading range between 3032 – 3084. Crude oil for September delivery on the New York Mercantile Exchange settled at $46.92 a barrel.

On Friday, Oil prices pushed up ahead of an important meeting of major oil produci

21/07/2017 10:39:26 AM | Posted in Commodities Reports read full news
Gold prices broke out slope resistance line at 1227 - Enrich Commodities

GOLD

Gold on Thursday 20th July 2017, Gold prices up by (81) pts closed at 28331 trading range between 28131 - 28380 and August Comex Gold futures settled at $1245.50 division of the New York Mercantile Exchange.

On Thursday, Gold prices peaked higher against the feeble dollar. With expectations surrounding that the European Central Bank is m

21/07/2017 10:34:22 AM | Posted in Commodities Reports read full news
Cotton futures are expected trade sideways to higher - Angel Commodities

Agri-Fundamentals

Soybean

NCDEX Soybean August futures jumped 1% on Thursday on account of short covering by the market participants amid good rains in the soybean producing areas. Open Interest dropped by 1400 tonnes yesterday while price increases. Prices have been trading sideways this week on lower acreag

21/07/2017 10:04:19 AM | Posted in Commodities Reports read full news