Copper prices are expected to trade lower today - Angel Commodities

Bullion

Gold

On Thursday, spot gold prices declined by 0.8 percent to close at $1291 per ounce as the U.S. Federal Reserve left interest rates unchanged but signalled rate hike was likely by December with a majority of officials looking at a further three increases in during 2018. Further, the Fed announced it

22/09/2017 11:09:43 AM | Posted in Commodities Reports read full news
Crude Oil expectation of move towards 3400 levels - Choice Broking

Bullions

Gold

Technical View:

In the hourly chart, MCX Gold price has been moving within a downwards falling channel, which is a bearish set up. In addition, price is on corrective mode for the last few trading session. In addition, RSI has come out of its overbought zone an

22/09/2017 11:01:10 AM | Posted in Commodities Reports read full news
The crude oil market trend gives us the impression that the lower highs - Enrich Commodities

CRUDE OIL

Crude Oil on 21st September 2017, Crude Oil October futures prices up by (9) pts (0.27%) closed at 3295, trading range between 3255 – 3312. Crude oil for November delivery on the New York Mercantile Exchange settled at $ 50.55 a barrel.

Crude oil prices dipped lower on Thursday as investors continued to ponder on data showing

22/09/2017 10:50:14 AM | Posted in Commodities Reports read full news
The daily gold chart has formed Ascending broadening wedge - Enrich Commodities

GOLD

Gold on 21st September 2017, Gold prices down by (-210) pts closed at 29564, trading range between 29443 - 29623 and December Comex Gold futures settled at $1294.80 division of the New York Mercantile Exchange.

Gold prices dipped very low on Thursday as traders continued to closely watch on the Federal Reserve’s policy statement wh

22/09/2017 10:46:35 AM | Posted in Commodities Reports read full news
Buy Gold Oct 2017 @ 29500 SL 29380 TGT 29640-29750 - Kedia Commodity

GOLD

Gold on MCX settled down -0.71% at 29564 after the U.S. Federal Reserve hinted that interest rates will go up in December. “The hot money was betting on lower for longer from the Fed,” he said. “Now it’s shocked that [Fed Chairwoman] Janet Yellen’s team have repeated what they announced back in June about letting [qua

22/09/2017 9:45:35 AM | Posted in Commodities Reports read full news
Sell Zinc (Oct) @ 198.60 & Upto 201 SL 204.50 TGT 187 - Choice Broking

On the daily chart, MCX Zinc has formed bearish kicking candlestick pattern, which act as a reversal pattern and indicate further downtrend activity.

Moreover, price has faced resistance of 78.6% retracement of top to bottom fall from level 206 to 191.

Furthermore, Prices are not sustaining near to its life time high of 209.25 level of Nov’06 and has failed twice in a

21/09/2017 4:02:28 PM | Posted in Commodities Reports read full news
Soyabean trading range for the day is 3074-3168 - Kedia Commodity

Gold

Gold on MCX settled up 0.52% at 29774 as the U.S. dollar weakened ahead of the Federal Reserve's highly-anticipated monthly policy decision. Gold prices look weak as prices should reverse its gains as the Fed kept alive hopes of a third rate increase this year. The U.S. Federal Reserve left interest rates unchanged but signaled it still expec

21/09/2017 12:27:31 PM | Posted in Commodities Reports read full news
Gold prices are expected to trade lower today - Angel Commodities

Bullion

Gold

On Wednesday, spot gold prices declined by 0.78 percent to close at $1301 per ounce after the U.S. Federal Reserve left interest rates unchanged but signalled it still expected to raise interest rates by year-end.

Gold had been creeping higher in the minutes before the Fed released a s

21/09/2017 11:58:12 AM | Posted in Commodities Reports read full news
Sell Silver Dec 2017 @ 40000 SL 40180 TGT 39780-39540 - Kedia Commodity

GOLD

Gold on MCX settled up 0.52% at 29774 as the U.S. dollar weakened ahead of the Federal Reserve's highly-anticipated monthly policy decision. Gold prices look weak as prices should reverse its gains as the Fed kept alive hopes of a third rate increase this year. The U.S. Federal Reserve left interest rates unchanged but signaled it still expect

21/09/2017 11:46:04 AM | Posted in Commodities Reports read full news
Copper lower end price may reach towards 410 levels - Choice Broking

Bullions

Gold

Technical View:

In the hourly chart, MCX Gold price has been falling with a lower top lower bottom formation which is a bearish set up. In addition, price is on corrective mode for the last few trading session. In addition, RSI has come out of its overbought zo

21/09/2017 11:32:29 AM | Posted in Commodities Reports read full news
Gold prices fell to a three week low - IIFL

Commodities

Gold prices fell to a three week low, as hawkish tone of Fed weighted on the entire prcious pack. The policy statement has amply bolstered expectations of a rate hike in December, with interest rate futures factoring in 73% probability of a rate hike, when compared with 53% prior to the FOMC meeting. Fed stated that dot plot (interest rate

21/09/2017 11:16:39 AM | Posted in Commodities Reports read full news
The crude oil market trend gives us the impression that the lower highs - Enrich Commodities

CRUDE OIL

Crude Oil on 20th September 2017, Crude Oil September futures prices up by (71) pts (2.21%) closed at 3286, trading range between 3218 – 3298. Crude oil for November delivery on the New York Mercantile Exchange settled at $ 50.69 a barrel.

Oil prices edged higher on Wednesday, after the release of the bearish data showing U.S.

21/09/2017 11:04:36 AM | Posted in Commodities Reports read full news
It is Gold expected to move towards $1300-1289 - Enrich Commodities

GOLD

Gold on 20th September 2017, Gold prices up by (153) pts closed at 29774, trading range between 29680 - 29799 and December Comex Gold futures settled at $1316.40 division of the New York Mercantile Exchange.

Gold prices edged higher on Wednesday, with the dollar moving lower, as investors widely expected the Federal Reserve policy statem

21/09/2017 11:00:47 AM | Posted in Commodities Reports read full news
Sell MCX Silver Dec between 41200 - 41400, SL - 42000, Target – 40200 / 40000 - Angel Commodities

MCX SILVER Dec (CMP – 40,814 / $ 17.57)

MCX Silver Dec as seen in the weekly chart above has opened the week with down up at 41,250 levels and at the starting of week it made a weekly high of 41,590 levels. Later on prices could not able to sustain on higher levels and corrected sharply and made a weekly low of 40,731 levels. This week prices hav

20/09/2017 5:32:33 PM | Posted in Commodities Reports read full news
Menthaoil trading range for the day is 1150.9-1190.7 - Kedia Commodity

Gold

Gold on MCX settled up 0.25% at 29621 as support seen from Rupee weakness prices were little changed in yesterday session fell 20 cents to $1310.60/oz after falling in five of the previous six sessions as traders moved to the sidelines ahead of interest rate decision from the Fed. While no rate change is expected, the Fed will likely begin to unw

20/09/2017 11:32:43 AM | Posted in Commodities Reports read full news
Oil futures are sustaining around five-month high - IIFL

Commodities

 After hitting a two week low, gold prices managed a modest recovery given the agressive stance of US President Trump on Pyongyang. Trump in a speech to UN pledged to "totally destroy" North Korea, if it endangers US and its allies. another contentious issue doing the rounds is Iranian nuclear issue, where Trump has termed th

20/09/2017 11:16:13 AM | Posted in Commodities Reports read full news
Gold prices sliced through support line at $1330 - Enrich Commodities

GOLD

Gold on 19th September 2017, Gold prices up by (74) pts closed at 29621, trading range between 29546 - 29682 and December Comex Gold futures settled at $1310.60 division of the New York Mercantile Exchange.

Gold prices traded higher on Tuesday, balancing the previous sessions three-week lows after the release of mixed U.S. data reflected

20/09/2017 11:04:16 AM | Posted in Commodities Reports read full news
Soybean production risks likely to firm up prices - IIFL

Global oilseeds production growth is largely driven by sustained strong proteins (meal) and fats (veg oils) consumption demand by China and India. Soybean is the largest and most significant global oilseed with near 61.00% contribution to global oilseeds production. Soybean production and consumption growth in the last four years have been in the range of 5.5% p.a. Soybean production growth was

20/09/2017 10:59:25 AM | Posted in Commodities Reports read full news
Copper prices are expected to trade sideways today - Angel Commodities

Bullion

Gold

On Tuesday, spot gold prices rose marginally by 0.35 percent to close at $1311.2 per ounce with trading lackluster as Federal Reserve policy makers headed into a two-day meeting that financial markets will watch for clues on the outlook for U.S. monetary tightening.

Markets are expecting

20/09/2017 10:07:29 AM | Posted in Commodities Reports read full news
Sell Gold Oct 2017 @ 29700 SL 29850 TGT 29540-29440 - Kedia Commodity

GOLD

Gold on MCX settled up 0.25% at 29621 as support seen from Rupee weakness prices were little changed in yesterday session fell 20 cents to $1310.60/oz after falling in five of the previous six sessions as traders moved to the sidelines ahead of interest rate decision from the Fed. While no rate change is expected, the Fed will likely begin to unwi

20/09/2017 9:39:38 AM | Posted in Commodities Reports read full news
Cardamom futures is heading for its highest weekly gain - Angel Commodities

Agri-Commodities

During last week, Cardamom, Crude Palm oil, Jeera and Chana trade on positive note while guar complex, cotton and coriander trade lower.

Cardamom futures is heading for its highest weekly gain in 5 months as new season arrivals have been limited affected by the dry weather in the cardamom growing regions of Kerala. Good deman

19/09/2017 5:46:09 PM | Posted in Commodities Reports read full news