Sell Crude Oil below at 3300-3310 Target 3280-3250 Stop loss 3330 - Enrich Commodities

CRUDE OIL

Crude Oil on Monday22nd May 2017, Crude Oil June futures prices Up by 33 pts (1.01%) closed at 3310, trading range between 3290-3330 On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $51.13 a barrel.

Oil prices rose on Monday as growing confidence that top exporter

23/05/2017 10:37:43 AM | Posted in Commodities Reports read full news
Buy Gold on Dips 28600-28650 Target 28800-28900 Stop loss at 28550 - Enrich Commodities

GOLD

Gold on Monday 22nd May 2017, Gold prices up by-70 pts closed at 28785 trading range between 28564-28800 and April Comex Gold futures closed at $1261.40 division of the New York Mercantile Exchange

Gold futures rose on Monday, supported by a slump in the dollar, after the euro rose to six-month highs while concerns over U.S. political tu

23/05/2017 10:32:08 AM | Posted in Commodities Reports read full news
We expect Crude oil prices to trade lower today - Angel Commodities

Bullion

Gold

On Monday, spot gold prices rose by 0.4 percent to close at $1260.1 per ounce as prices extended its biggest weekly gain in five weeks as the U.S. dollar fell against the euro, while U.S. political turmoil fueled demand for bullion as a safe-haven and reduced expectations of rapid U.S. interest ra

23/05/2017 10:14:45 AM | Posted in Commodities Reports read full news
Evening Update For 22nd May 2017 - Angel Commodities

News and Analysis

* OPEC compliance on output cut seen as boost by oil markets.

* FOMC meeting this week to be closely watched.

* LME Copper inventories fell by around 1.3 percent on Friday.

European markets are trading lower as persistent political uncertainty in the European Union continues to cloud global markets. Asia

22/05/2017 5:36:47 PM | Posted in Commodities Reports read full news
We expect MCX cotton to trade higher - Angel Commodities

Gold

* Last week, Spot gold prices rose 2.2 percent to close at $1255.3/oz, while MCX gold prices rose by same margin to close at Rs.28635 per 10 gms.

* Gold surged nearly 2 percent on Wednesday, its biggest one-day jump since Britain's June vote to leave the European Union, on reports that U.S. President Donald Trump had tried to interv

22/05/2017 12:27:49 PM | Posted in Commodities Reports read full news
Gold prices are expected to trade sideways today - Angel Commodities

Bullion

Gold

Last week, Spot gold prices rose 2.2 percent to close at $1255.3/oz, while MCX gold prices rose by same margin to close at Rs.28635 per 10 gms.

Gold surged nearly 2 percent on Wednesday, its biggest one-day jump since Britain's June vote to leave the European Union, on reports that U

22/05/2017 11:58:38 AM | Posted in Commodities Reports read full news
Sugar futures may trade sideways to higher - Angel Commodities

Agri-Fundamentals

Soybean

Soybean Jun futures closed lower for the week due to lower demand in the domestic market coupled with weaker International prices. Higher stocks of soybean with farmers and traders pressurize prices throughout the season.

As per Agmarknet data, arrivals of soybean during t

22/05/2017 11:46:30 AM | Posted in Commodities Reports read full news
We expect Natural gas prices to trade positive - Sushil Finance

Gold

Gold rose on Friday and was on track for its best week in five as the dollar softened on political turbulence in the United States, boosting bullion's safe-haven appeal.

Gold is often seen as an alternative investment during times of geopolitical and financial uncertainty, gaining alongside bond yields and the yen while stocks usuall

22/05/2017 11:39:08 AM | Posted in Commodities Reports read full news
Rmseed trading range for the day is 3655-3717 - Kedia Commodity

Gold

Gold prices ended with gains on weekly basis as the dollar softened on political turbulence in the United States, boosting bullion's safe-haven appeal. Safe-haven demand was boosted following reports this week that U.S. President Donald Trump asked former FBI Director James Comey to end the agency's investigation into ties between former

22/05/2017 11:09:53 AM | Posted in Commodities Reports read full news
Buy Crude Oil on dips at 3275-3285 Target 3310-3350 Stop loss 3245 - Enrich Commodities

CRUDE OIL

Crude Oil on Friday 19th May 2017, Crude Oil June futures prices Up by 40 pts (1.24%) closed at 3277, trading range between 3248-3392 On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $50.48 a barrel.

Crude oil prices rose last week as investors reacted to reports

22/05/2017 10:25:30 AM | Posted in Commodities Reports read full news
Buy Gold on Dips 28550-28600 Target 28700-28800 Stop loss at 28500 - Enrich Commodities

GOLD

Gold on Friday 19th May 2017, Gold prices down by-70 pts closed at 28635 trading range between 28785-28530 and April Comex Gold futures closed at $1255.07 division of the New York Mercantile Exchange.

Gold posted its best gain in five weeks as the U.S. Dollar weakened on political turmoil in the United States, boosting the precious metal

22/05/2017 10:16:50 AM | Posted in Commodities Reports read full news
Evening Update For 19th May 2017 - Angel Commodities

News and Analysis

*  OPEC compliance on output cut seen as boost by oil markets

*  Political uncertainty clouds markets across the globe

*  LME Copper inventories gains by around 30 percent in May

European markets are trading positive although political uncertainty in the US continues to cloud global market

19/05/2017 5:27:50 PM | Posted in Commodities Reports read full news
Buy Crude Oil on dips at 3210-3220 Target 3250-3277 Stop loss 3189 - Enrich Commodities

CRUDE OIL

Crude Oil on Thursday 18th May 2017, Crude Oil May futures prices Up by 47 pts (1.49%) closed at 3203, trading range between 3118-3224 On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $49.35 a barrel.

Oil futures rose on Thursday, growing optimism that big produci

19/05/2017 11:52:12 AM | Posted in Commodities Reports read full news
Buy Gold on Dips 28550-28575 Target 28750-28850 Stop loss at 28500 - Enrich Commodities

GOLD

Gold on Thursday 18th May 2017, Gold prices up by 86 pts closed at 28707 trading range between 28567-29004 and April Comex Gold futures closed at $1252.80 division of the New York Mercantile Exchange.

Stronger than expected U.S. jobless claims and a better than expected Philly Fed Index helped buoy the dollar, taking the edge off gold pr

19/05/2017 11:46:01 AM | Posted in Commodities Reports read full news
Gold trading range for the day is 1242.6-1254.2 - Kedia Commodity

GOLD

Gold rose to a two-week high to an overnight peak of $1265, the most since May 1 as political turmoil in the United States reduced expectations of aggressive interest rate rises this year, pushed down U.S. bond yields and drove the dollar to its lowest in six months. Pressure on US President Donald Trump deepened after reports that he tried to int

19/05/2017 11:25:49 AM | Posted in Commodities Reports read full news
CPO trading range for the day is 508.4-518.2 - Kedia Commodity

Gold

Gold on MCX settled up 0.3% at 28705 as support seen after Rupee weakened over 1.1%, its steepest fall in 21-month against the US dollar as concern over US President Donald Trump spurred a sell off in emerging market currencies. Also Comex Gold rose to a two-week high to an overnight peak of $1265, the most since May 1. Pressure on US President D

19/05/2017 11:08:47 AM | Posted in Commodities Reports read full news
We expect silver prices to trade sideways - Sushil Finance

Gold

Gold fell on Thursday as a bounce in the dollar prompted some buyers to cash in gains after its biggest one-day rally in nearly a year, though uncertainty over the outlook for the Trump presidency underpinned the metal near two-week highs.

Gold surged nearly 2 percent on Wednesday, its biggest one-day jump since Britain's June vote t

19/05/2017 10:51:29 AM | Posted in Commodities Reports read full news
We expect Crude oil prices to trade higher today - Angel Commodities

Bullion

Gold

On Thursday, spot gold prices declined by 1.09 percent to close at $1246.6 per ounce s a bounce in the dollar prompted some buyers to cash in gains after its biggest one-day rally in nearly a year, though uncertainty over the outlook for the Trump presidency underpinned the metal near two-week h

19/05/2017 10:04:20 AM | Posted in Commodities Reports read full news
Cotton futures are expected trade sideways - Angel Commodities

Agri-Fundamentals

Soybean

Soybean Jun futures closed lower on Thursday tracking weak International prices and higher stocks in the Country. As per SPOA, about 54 lt of soybean has been crushed and estimate of 46 lt of soybean is available in the country. In crop year 2016/17 till end of April about 59 lt arr

19/05/2017 9:51:08 AM | Posted in Commodities Reports read full news
Evening Update For 18th May 2017 - Angel Commodities

News and Analysis

* Global stock markets hit by US political woes.

* US EIA oil stocks fell by 1.8 mn bbl in the w/e 12th May.

* LME Copper stocks fell marginally on Wednesday.

European markets are trading lower as concerns regarding Trump’s administration have intensified following the latest FBI episode. Asian mark

18/05/2017 5:20:45 PM | Posted in Commodities Reports read full news
We expect gold prices to trade positive - Sushil Finance

Gold

Gold rose to a two-week high on Wednesday as political turmoil in the United States reduced expectations of aggressive interest rate rises this year, pushed down U.S. bond yields and drove the dollar to its lowest in six months.

Lower yields reduce the opportunity cost of holding non-yielding gold, while a weaker dollar makes bullion che

18/05/2017 12:19:15 PM | Posted in Commodities Reports read full news