Gold prices to trade higher today - Angel Commodities

Bullion

Gold

Gold prices rose by 0.5 percent on Monday, buoyed by safe-haven demand due to uncertainty over U.S. policy ahead of President-elect Donald Trump's inauguration and amid concerns over Britain's exit from the European Union.

Last week, spot gold prices rose by 2.1 percent to close

17/01/2017 10:12:55 AM | Posted in Commodities Reports read full news
Buy Gold dips on 28510 Target 28650-28750 Stop loss 28400 - Enrich Commodities

GOLD

Gold on Monday 16th Jan 2017, Gold prices up by 149 pts (+0.53%) & closed at 28529 trading range between 28450-28607 and Gold for February delivery settled at $1,196.20 on the Comex division of the New York Mercantile Exchange. Gold buying is pretty strong given the U.S. holiday.

Gold rose on Monday, buoyed by safe-haven demand due t

17/01/2017 9:41:37 AM | Posted in Commodities Reports read full news
We expect gold prices to trade higher towards - Angel Commodities

Gold

* Last week, spot gold prices rose by 2.1 percent to close at $1197.3 per ounce to its highest in seven weeks as the dollar fell after U.S. President-elect Donald Trump's long-awaited news conference gave few details on economic policy.

* However, gold's revival since mid-December may be running out of steam as the dollar was li

16/01/2017 5:07:32 PM | Posted in Commodities Reports read full news
Evening Update For 16th January 2017 - Angel Commodities

News and Analysis

 UK’s PM speech due tomorrow to be in focus this week.

 Oil output cut creates good sentiments in oil markets

 LME Copper stocks down by 1 percent on Friday.

European stocks are trading lower ahead of the ECB Press Conference due later this week. Asian markets are trading on a weak note an

16/01/2017 4:50:08 PM | Posted in Commodities Reports read full news
Cotton market Highlights - Kedia

Cotton market Highlights

•          Globally cotton traded firm because of supply shortage, the expectation of reduced supply from India has added to the positive sentiment.

•          Reduced in supply from India was purely due to demonetisation as Cotton farmers were not bringing t

16/01/2017 4:18:56 PM | Posted in Commodities Reports read full news
Buy Silver @ 40700 Target 41200 - Sushil Finance

Gold

The price of gold turned higher on Friday, hovering below the prior session's seven-week top as the U.S. dollar weakened and U.S. Treasury yields came off their highs, with the metal on track for a third straight weekly gain.

The greenback and yields were initially higher on the back of strong U.S. retail sales, which reinforced the

16/01/2017 11:09:27 AM | Posted in Commodities Reports read full news
Crudeoil trading range for the day is 3531-3657 - Kedia

Gold

Gold prices settled flat as strong US retail sales drove the dollar and US bond yields higher, with the metal on track for a third straight weekly gain. The greenback and yields were initially higher on the back of strong U.S. retail sales, which reinforced the prospect of the Federal Reserve raising rates this year, perhaps sooner than previously

16/01/2017 10:56:39 AM | Posted in Commodities Reports read full news
We expect MCX copper prices to trade higher - Angel Commodities

Bullion

Gold

Last week, spot gold prices rose by 2.1 percent to close at $1197.3 per ounce to its highest in seven weeks as the dollar fell after U.S. President-elect Donald Trump's long-awaited news conference gave few details on economic policy.

However, gold's revival since mid-December ma

16/01/2017 10:47:29 AM | Posted in Commodities Reports read full news
Gold trading range for the day is 1193.3-1209.9 - Kedia

       
Gold

Gold prices settled flat as strong US retail sales drove the dollar and US bond yields higher, with the metal on track for a third straight weekly gain. The greenback and yields were initially higher on the back of strong U.S. retail sales, which reinforced the prospect of the Federal Reserve raising rates this y

16/01/2017 10:35:30 AM | Posted in Commodities Reports read full news
Buy Gold dips on 28300-28350 Target 28450-28550 Stop loss 28240 - Enrich Commodities

GOLD

Gold on Friday 13th Jan 2017, Gold prices sloped little by 13 pts (-0.05%) & closed at 28380 trading range between 28240-28440 and Gold for February delivery settled down 0.21% at $1,197.30 on the Comex division of the New York Mercantile Exchange. Gold futures rallied to high for a first 4 consecutive trading session last week on Friday there

16/01/2017 10:02:46 AM | Posted in Commodities Reports read full news
Sell Crude Oil Below at 3549 target 3505 -3485 stop loss 3585 - Enrich Commodities

CRUDEOIL

On Friday 13th Jan 2016, Crude Oil futures finished lower at 27 pts (-0.75%) closed at 3586 trading range between 3566-3629.On the New York, Mercantile Exchange, crude oil for delivery in February shed 64 cents, or about 1.2%, to end at $52.37 a barrel by close of trade Friday.

According to oil service giant Baker Hughes, the number

16/01/2017 9:56:37 AM | Posted in Commodities Reports read full news
Buy MCX Copper Feb between 398– 396, Stoploss - 391, Target – 412/414 - Angel

MCX GOLD Feb (CMP – 28,380 / $ 1197.05)

MCX Gold Feb as seen in the weekly chart above has opened the week with gap up at 27,915 levels and at starting of the week it made a weekly low of 27,841 levels. Later on as expected prices could not able to sustain on lower levels and rallied sharply and made a weekly high of 28,520 levels. At the last tr

Soybean prices on the NCDEX have been in a down trend - Angel Commodities

Soybean

Soybean prices on the NCDEX have been in a down trend for most of 2016, and registered a fall of around 18.3% in 2016, to settle at Rs. 3,029 a quintal (Rs.3700/quintal in January). However, prices have plunged by around 30% from its high of Rs. 4,290, touched in April 2016.

In April 2016, Soybean prices made a peak due to lower soybe

13/01/2017 5:53:47 PM | Posted in Commodities Reports read full news
Evening Update For 13th January 2017 - Angel Commodities

News and Analysis

* Consumer sentiment the key data for commodities now

* Oil output cut creates good sentiments in oil markets

European stocks are trading positive, Asian markets are trading higher and the US stock futures are trading in the green.

Spot gold prices are trading higher by 0.1 percent at $1197/oz while MCX g

13/01/2017 4:54:10 PM | Posted in Commodities Reports read full news
Buy Crude Oil dips on 3575-80 Target 3625-3660 Stop loss 3550 - Enrich Commodities

CRUDEOIL

On yesterday 12th Jan 2016, Crude Oil price gain at 24 pts (0.67%) closed at 3613 trading range between 3550-3644."The market has rallied since the end of 2016, more on faith than fact, following OPEC and selected non-OPEC countries announcing output cuts for the first 6 months of 2017.

Saudi Arabia as well as Kuwait appear to h

13/01/2017 11:14:30 AM | Posted in Commodities Reports read full news
Buy Gold dips on 28286-28250 Target 28380-28550 Stop loss 28200 - Enrich Commodities

GOLD

Again, on yesterday 12th Jan 2017, Gold prices moved higher for a 4th consecutive trading session up by 93 pts (+0.33%) & closed at 28393 trading range between 28337-28520 and Gold for February delivery settled at $1,199.80 on the Comex division of the New York Mercantile Exchange.

The Federal Reserve Chair Janet Yellen says The U.S.

13/01/2017 11:03:52 AM | Posted in Commodities Reports read full news
We expect MCX copper prices to trade sideways - Angel Commodities

Bullion

Gold

On Thursday, spot gold prices rose by 0.34 percent to close at $1195.6 per ounce to its highest in seven weeks on Thursday as the dollar fell after U.S. President-elect Donald Trump's long-awaited news conference gave few details on economic policy.

However, gold's revival since

13/01/2017 10:25:04 AM | Posted in Commodities Reports read full news
Turmeric trading range for the day is 6578-6666 - Kedia

Gold

Gold on MCX settled up 0.33% at 28393 tracking gain's from Comex Gold which was higher in yesterday's session gained in the line of expectation rising above $1200 an ounce for the first time since November, while prices settled with limited gains of $3.20 to settle at $1,199.80/oz, after rising near $1210 earlier in the day. Gold failed to

13/01/2017 10:12:10 AM | Posted in Commodities Reports read full news
We expect Soybean prices to trade sideways - Angel Commodities

Soybean

Soybean futures closed little higher on Thursday due to bargain buying from lower levels. The supplies in the physical market are good but the demand is steady from the bulk buyers and oil millers at lower levels. Moreover, higher production estimates by SOPA is keeping pressure on prices this season.

U.S. soybean prices closed higher

13/01/2017 9:57:07 AM | Posted in Commodities Reports read full news
Buy Crude Oil @ 3560 Target 3650 - Sushil Finance

Gold

Gold rose to a seven-week high on Wednesday, turning positive as the dollar dropped and Treasury yields fell after U.S. President-elect Donald Trump spoke in his first formal news conference just days before taking office.

U.S. stocks lost ground in choppy trading, led by drug stocks after Trump said pharmaceutical companies were "g

13/01/2017 9:51:09 AM | Posted in Commodities Reports read full news
Buy Crude Oil dips on 3550 Target 3570-3590 Stop loss 3530 - Enrich Commodities

CRUDE OIL

On yesterday Crude Oil price gain at 76 pts (2.16%) closed at 3589 trading range between 3478-3597 and New York Mercantile Exchange, crude oil for February delivery closed at $52.25 a barrel. The U.S. Energy Information Administration said in its weekly report that crude oil inventories rose by 4.1 million barrels in the week ended January 6.

12/01/2017 12:15:06 PM | Posted in Commodities Reports read full news
Sell Natural Gas @ 226 Target 218 - Sushil Finance

Gold

Gold rose to a seven-week high on Wednesday, turning positive as the dollar dropped and Treasury yields fell after U.S. President-elect Donald Trump spoke in his first formal news conference just days before taking office.

U.S. stocks lost ground in choppy trading, led by drug stocks after Trump said pharmaceutical companies were "g

12/01/2017 10:36:25 AM | Posted in Commodities Reports read full news