Buy Gold dips on 28175-28200 Target 28380-28450 Stop loss 28050 - Enrich Commodities

GOLD

Gold prices rose to a fresh six-week high on yesterday at 156 pts up (+0.55%) & closed at 28300 trading range between 28082-28345 and Gold for February delivery settled at $1,196.60 on the Comex division of the New York Mercantile Exchange.

Gold markets tried to rally but continue to find quite a bit of pressure every time on higher

12/01/2017 10:19:05 AM | Posted in Commodities Reports read full news
Gold prices are expected to trade higher - Angel Commodities

Bullion

Gold

On Wednesday, spot gold prices rose by 0.32 percent to close at $1191.5 per ounce 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.

Trump also denounced unsubstantiated claims

12/01/2017 10:12:55 AM | Posted in Commodities Reports read full news
Gold trading range for the day is 27979-28505 - Kedia

Gold

Gold on MCX settled up 0.55% at 28300 amid safe haven demand after president-elect Donald Trump's first press conference. Trump gave updates on a number of his campaign promises, vowing to replace ObamaCare and start the Mexico border wall fairly soon. The US dollar appeared poised to extend its rally to two days on Wednesday before experienc

12/01/2017 10:02:30 AM | Posted in Commodities Reports read full news
We expect sugar prices to trade higher - Angel Commodities

Soybean

Soybean futures closed little higher on Wednesday 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 modes

12/01/2017 9:52:18 AM | Posted in Commodities Reports read full news
Evening Update For 11th January 2017 - Angel Commodities

News and Analysis

* Global markets wary ahead of Trump’s Press conference.

* UK’s Industrial Production jumped by 1.3% in Nov’16.

* LME Copper stocks down by 1.8 percent on Tuesday.

European stocks are trading higher but investors are cautious ahead of Trump’s first press conference since July. Asia

11/01/2017 5:14:15 PM | Posted in Commodities Reports read full news
Sell Crude Oil below 3500 Target 3450-3400 Stop loss 3535 - Enrich Commodities

Crude Oil 

On yesterday Crude Oil price further down fall at 61 pts (-1.71%) closed at 3513 trading range between 3575-3500 and The New York Mercantile Exchange, crude oil for delivery in February down fall more than $ 1 end at $50.82 a barrel.

The American Petroleum Institute said late Tuesday that crude oil stocks rose 1.5 million barr

11/01/2017 12:52:05 PM | Posted in Commodities Reports read full news
Sell Gold Below at 27900 Target 27800-27750 Stop loss at 28000 - Enrich Commodities

Gold

On yesterday Gold price, gain at 93 pts (0.33%) & closed at 28144 trading range between 28009-28260 and Gold for February delivery settled at $1,185.50 on the Comex division of the New York Mercantile Exchange. Gold prices rallied to a six-week high on Tuesday but were unable to sustaining above resistance at 28250. Market moving a higher high

11/01/2017 12:46:52 PM | Posted in Commodities Reports read full news
Buy Silver @ 41000 Target 40500 - Sushil Finance

Gold

Gold rose to a six-week peak on Tuesday, supported by earlier weakness in the dollar ahead of a news conference on Wednesday by U.S. President-elect Donald Trump.

The market is looking for more clues on Trump's spending plans in the first speech since his shock election win in November.

Gold, often seen as an alternative in

11/01/2017 10:40:42 AM | Posted in Commodities Reports read full news
Crude oil prices are expected to trade higher today - Angel Commodities

Bullion

Gold

On Tuesday, spot gold prices rose by half a percent to close at $1187.6 per ounce rose to a six-week peak on Tuesday, supported by earlier weakness in the dollar ahead of a news conference on Wednesday by U.S. President-elect Donald Trump.

The market is looking for more clues on Trump

11/01/2017 10:27:18 AM | Posted in Commodities Reports read full news
Gold trading range for the day is 27887-28389 - Kedia

Gold

Gold on MCX settled up 0.33% at 28144 supported by earlier weakness in the dollar ahead of a news conference on Wednesday by U.S. President-elect Donald Trump. The market is looking for more clues on Trump's spending plans in the first news conference since his shock election win in November. A gauge of U.S. small business confidence rose to a

11/01/2017 10:11:59 AM | Posted in Commodities Reports read full news
We expect MCX cotton futures to trade higher - Angel Commodities

Soybean

Soybean futures continue to close down on Tuesday due to good supplies in the physical market. 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 rallied Tuesday for the second day in a row despite the t

11/01/2017 10:01:28 AM | Posted in Commodities Reports read full news
Evening Update For 10th January 2017 - Angel Commodities

News and Analysis

* China CPI steady at 2.1%; PPI jumps 5.5%in Dec’16.

* French Industrial Production jumped by 2.2% in Nov’16.

* LME Copper stocks down by 0.5 percent on Monday.

European stocks are trading higher as French industrial production data added to signs of EU economic recovery. Asian markets are tr

10/01/2017 4:49:02 PM | Posted in Commodities Reports read full news
We expect MCX copper prices to trade higher - Angel Commodities

Bullion

Gold

Spot gold prices rose by 0.7 percent to close at $1181.2 per ounce as global markets reassessed their view on US economy as the President elect Donald Trump takes office on January 20.

However, sharp upside was limited as SPDR Gold Trust holdings fell 1.06 percent to 805.0 tonnes on Mond

10/01/2017 11:07:59 AM | Posted in Commodities Reports read full news
Sell Crude Oil Below 3540 Target 3500 -3475 Stop loss 3575 - Enrich Commodities

CRUDE OIL

On yesterday Crude Oil price down fall at 108 pts (2.93%) closed at 3574 trading range between 3674-3564 and The New York Mercantile Exchange, crude oil for delivery in February down fall more than 4 % end at $51.96 a barrel.

Current relative dollar weakness has not helped oil prices, with the front contract nearing the 2017 low of

10/01/2017 10:40:58 AM | Posted in Commodities Reports read full news
Buy Nickel @ 25.33 Stoploss 26.8 Target: 24.8-23 - Kedia

Nickel Highlights 

•    The increase in the price of iron ore and the pickup in dry bulk shipping as illustrated by gains in the Baltic Dry Index mean that demand for stainless steel has increased which is a positive factor for nickel.

•    Nickel is holding well above the $10,000 per ton pivot pri

10/01/2017 10:33:02 AM | Posted in Commodities Reports read full news
We expect Soybean prices to trade sideways - Angel Commodities

Soybean

Soybean futures traded lower and drop by almost 1% on Monday due to good supplies in the physical market. 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 firmed on Monday, settling up 1% on concerns a

10/01/2017 10:26:38 AM | Posted in Commodities Reports read full news
Sell Natural Gas @ 215 Target 207 - Sushil Finance

Gold

Gold rose to a five-week high on Monday as markets reassessed the outlook for the U.S. economy after Donald Trump is inaugurated as president later this month, taking support from the falling dollar and lower U.S. Treasury yields.

The metal posted its biggest weekly increase in two months last week.

This came after it slid mor

10/01/2017 10:19:56 AM | Posted in Commodities Reports read full news
Gold trading range for the day is 27752-28230 - Kedia

Gold

Gold on MCX settled up 0.59% at 28051 as markets reassessed the outlook for the U.S. economy after Donald Trump is inaugurated as president later this month. Boston Federal Reserve President Eric Rosengren called for the U.S. central bank to step up its pace of interest rate increases. U.S. employment increased less than expected in December but

10/01/2017 9:58:45 AM | Posted in Commodities Reports read full news
We expect Soybean prices for January delivery to trade higher - Angel Commodities

Soybean

* Soybean futures traded almost flat last week on good supplies in the physical as prices have consolidated near 3000 levels. The demand is steady from the bulk buyers and oil millers. The mostactive Jan’17 delivery contract closed unchanged to settle at Rs. 3,028 per quintal. Higher production estimates by SOPA is keeping pressure on pri

Sell MCX Natural Gas January between 230 – 232, Stoposs – 238, Target – 218 / 216 - Angel Commodities

MCX GOLD

MCX Gold Feb as seen in the weekly chart above has opened the week with gap down at 27,401 levels and during this week open and low were the same levels. Later on as prices could not able to sustain on lower levels and rallied sharply and made a weekly high of 27,983 levels. This week prices have closed above the previous week’s closing

Evening Update For 9th January 2017 - Angel Commodities

News and Analysis

* US NFP added 156,000 jobs in Dec’16.

* China’s forex holdings fell for a sixth month in Dec’16.

* LME Copper stocks down by 0.1 percent on Friday.

European stocks are trading lower as Rise in US wage strengthening the case for US rate hike. Asian markets are trading on a mixed note an