Ref.Soya oil trading range for the day is 630-636 - Kedia Commodity

Gold

Gold on MCX settled up 1.87% at 28619 rallied in the line of expectation tracking gains from Comex Gold which soared $22.30 to settle at $1,258.70 an ounce, at the highest since April 28, as dollar fell amid political uncertainty after a source said U.S. President Donald Trump asked the FBI to end a probe into his former security adviser. Preside

18/05/2017 12:03:15 PM | Posted in Commodities Reports read full news
We expect MCX copper prices to trade lower today - Angel Commodities

Bullion

Gold

On Wednesday, spot gold prices rose by 1.94 percent to close at $1260.4 per ounce prices 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 lowes

18/05/2017 11:38:31 AM | Posted in Commodities Reports read full news
Sugar futures may trade sideways - Angel Commodities

Agri-Fundamentals

Soybean

Soybean Jun futures recovers more than 1.5% on Wednesday supported by lower level buying and good demand at physical market at lower prices. Physical demand has been steady as 60% of soybean mills in Madhya Pradesh reported to have shut down because of subdued demand for soymeal and

18/05/2017 11:10:26 AM | Posted in Commodities Reports read full news
Evening Update For 17th May 2017 - Angel Commodities

News and Analysis

* US EIA crude oil stocks due tonight at 8:00 pm IST.

* UK’s Claimant Count Change fell to 19.4K in April’17.

* LME Copper stocks surged by 5.3 percent on Tuesday.

European markets are trading lower as concerns regarding Trump’s administration have intensified following the latest FBI ep

17/05/2017 5:30:18 PM | Posted in Commodities Reports read full news
Natural gas prices traded lower - Alpha Commodity

Bullion

* Gold silver prices traded firm on weaker dollar and safe haven buying.. The weaker US data pressured dollar index to trade lower fading hope of FED rate hike in June. Gold ETF holdings at 851.89 remained mostly steady with lower prices.

* We expect gold silver prices to trade sideways to up while down side can be limited as market i

17/05/2017 3:25:43 PM | Posted in Commodities Reports read full news
Buy Crude Oil on dips at 3080-3070 Target 3100-3130 Stop loss at 3050 - Enrich Commodities

CRUDE OIL

Crude Oil on Tuesday 16th May 2017, Crude Oil March futures prices Up by 23 pts (0.83%) closed at 3123, trading range between 3115-3164 On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $48.66 a barrel.

Crude Oil inventories rose 882,000 barrels at the end of last

17/05/2017 11:44:47 AM | Posted in Commodities Reports read full news
Buy Gold on Dips 28110-28140 Target 28250-28400 Stop loss at 28050 - Enrich Commodities

GOLD

Gold on Tuesday 16th May 2017, Gold prices up by 102 pts closed at 28094 trading range between 28020-28135 and April Comex Gold futures closed at $1236.40 division of the New York Mercantile Exchange.

Gold gained in early morning on Wednesday on the continued chaotic U.S. political situation weighing on expectations for economic policies

17/05/2017 11:37:26 AM | Posted in Commodities Reports read full news
Soyabean trading range for the day is 2733-2931 - Kedia Commodity

Gold

Gold on MCX settled up 0.36% at 28094 as the U.S. dollar slid to the lowest level since November amid signs of slowing economic activity in the U.S. and following another controversy from President Donald Trump. The yellow metal notched a fourth-straight winning session on Monday after rising to its highest since May 4 at $1,237.40, following the

17/05/2017 11:31:57 AM | Posted in Commodities Reports read full news
We expect Crude oil prices to trade higher today - Angel Commodities

Bullion

Gold

On Tuesday, spot gold prices rose 0.5 percent to close at two-week highs of $1236.4 per ounce as a report stated that US President Trump shared sensitive intelligence obtained from a close U.S. ally possibly Israel with Russia’s foreign minister and ambassador in a meeting last week, sendi

17/05/2017 11:14:29 AM | Posted in Commodities Reports read full news
We expect Jeera futures to trade higher - Angel Commodities

Agri-Fundamentals

Soybean

Soybean Jun futures closed lower by 2% on Tuesday, highest single day drop for the contract, on reports of lower physical demand as 60% of soybean mills in Madhya Pradesh reported to have shut down because of subdued demand for soymeal and lower prices of soyoil. As per USDA latest r

17/05/2017 11:02:10 AM | Posted in Commodities Reports read full news
We expect silver prices to trade positive - Sushil Finance

Gold

Gold prices extended gains for a fourth day on Tuesday as political troubles and weaker-than-expected housing data in the United States dented the dollar while a more upbeat scenario in Europe lifted the euro.

The dollar index slipped to the weakest in more than six months after two U.S. officials said President Donald Trump disclosed hi

17/05/2017 10:41:19 AM | Posted in Commodities Reports read full news
Evening Update For 16th May 2017 - Angel Commodities

News and Analysis

* Russia and Saudi Arabia want to extend oil production cuts through Q12018.

* UK’s CPI in April’17 at the highest level since Sep’13.

* LME Copper stocks declined by 0.8 percent on Monday.

European markets are trading mixed as disappointing corporate earnings results along with global s

16/05/2017 5:22:16 PM | Posted in Commodities Reports read full news
Buy Silver Jul @ 38680 Add Till 37600 SL BELOW 36800 TGT 40800-42600 - Kedia Commodity

Outlook:

After recent fall Silver price look aggressively bullish for remaining 2017 as uncertainty about the U.S. economy, concerns about President Trump’s ability to fulfil his campaign promises, geopolitical tensions, and an overvalued stock market. Looking to Gold Silver ratio also Silver appears undervalued particularly relative to gold. Th

16/05/2017 4:40:56 PM | Posted in Commodities Reports read full news
We expect crude oil prices to trade positive - Sushil Finance

Gold

Gold rose as U.S. political turmoil, a missile test by North Korea and a worldwide cyber-attack fueled demand for safe-haven assets, while weaker than expected U.S. data pushed the dollar lower, making gold cheaper for holders of other currencies.

Worse than expected U.S. data has reduced expectations of aggressive interest rate increas

16/05/2017 6:12:31 AM | Posted in Commodities Reports read full news
Menthaoil trading range for the day is 929.2-975.4 - Kedia Commodity

Gold

Gold on MCX settled down -0.05% at 27992 despite Comex Gold settled at $1,230/oz, up by $2.30 the highest since May 3 as US political turmoil, a missile test by North Korea and a worldwide cyber-attack fuelled demand for safe-haven assets, while weaker-than-expected U.S. data pushed the dollar lower. Pressure seen on MCX Gold as Rupee started the

16/05/2017 11:29:52 AM | Posted in Commodities Reports read full news
We expect gold prices to trade higher today - Angel Commodities

Bullion

Gold

On Monday, spot gold prices rose marginally by 0.15 percent to close at $1230.2 per ounce as U.S. political turmoil, a missile test by North Korea and a worldwide cyber attack fueled demand for safe-haven assets, while weaker than expected U.S. data pushed the dollar lower, making gold cheaper f

16/05/2017 11:11:38 AM | Posted in Commodities Reports read full news
Buy Crude Oil on dips at 3135-3125 Target 3170-3200 Stop loss at 3100 - Enrich Commodities

CRUDE OIL

Crude Oil on Monday 15th May 2017, Crude Oil March futures prices Up by 83 pts (2.71%) closed at 3149, trading range between 3085-3185 On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $48.85 a barrel.

Crude rallied sharply up over 2% but closed the trading session

16/05/2017 10:59:42 AM | Posted in Commodities Reports read full news
Buy Gold on Dips 28000-40 Target 28100-28150 Stop loss at 27900 - Enrich Commodities

GOLD

Gold on Monday 15th May 2017, Gold prices Down by 13 pts closed at 27992 trading range between 27982-28142 and April Comex Gold futures closed at $1230 division of the New York Mercantile Exchange.

Gold prices traded higher on Monday, as weaker than expected U.S. manufacturing data weighed on the dollar, which underpinned an uptick in co

16/05/2017 10:53:31 AM | Posted in Commodities Reports read full news
Soybean futures are expected sideways - Angel Commodities

Agri-Fundamentals

Soybean

Soybean Jun futures continue its downtrend on Monday on reports of lower demand as 60% of soybean mills in Madhya Pradesh reported to have shut down because of subdued demand for soymeal and lower prices of soyoil. As per USDA latest report, soybean production in the country is kept

16/05/2017 10:40:42 AM | Posted in Commodities Reports read full news
Evening Update For 15th May 2017 - Angel Commodities

News and Analysis

* China’s industrial production, retail sales miss estimates.

* US PPI surged by 0.5 percent in April’17.

* LME Copper stocks declined by 1.3 percent on Friday

European markets are trading mixed although downside was capped by gains in energy and mining shares boosted by strong corporate earnings resul

15/05/2017 5:15:55 PM | Posted in Commodities Reports read full news