Gold Sell Below 27750 target 27770 -27650 Stop loss 27800 - Enrich

Zinc Trend:

Technical Notes:

I would be looking to the daily charts in Zinc Price rallied from lower end last week, forthcoming days once break and close above the Red Dotted line market will turn uptrend. Further Market will uptick Fibonacci first resistance of 38.20% at 181, and 185-189

But Right n

We expect Jeera futures to trade sideways to 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. However, higher production estimates by SOPA is keeping pressure on prices this season.

U.S. soybean prices dropped on futures fell on Friday on signs o

9/01/2017 10:52:48 AM | Posted in Commodities Reports read full news
We expect silver prices to trade sideways - Sushi Finance

Gold

Gold prices slipped on Friday from the previous day's one-month high as the dollar strengthened on a solid U.S. jobs report, while palladium was on track for its largest weekly gain since March on record high U.S. car sales.

U.S. non-farm payrolls data that showed a slowing in hiring last month but an increase in wages, supported the

9/01/2017 10:24:22 AM | Posted in Commodities Reports read full news
Gold prices are expected to trade higher today - Angel Commodities

Bullion

Gold

Last week, spot gold prices rose by 1.8 percent to close at $1172.7 per ounce as the dollar extended losses against a basket of six major currencies after data showed U.S. private employers added 153,000 jobs in December, below economists' expectations.

However, holdings of the SPDR Gold Trust, the wo

9/01/2017 10:09:37 AM | Posted in Commodities Reports read full news
Cotton trading range for the day is 19790-20130 - Kedia

Gold

Gold on MCX settled down -0.22% at 27887 as the dollar strengthened lifted by U.S. non-farm payrolls data that showed a slowing in hiring last month but an increase in wages. Non-farm payroll data showed that the United States added 156,000 jobs in December, less than expected, but a rebound in wages pointed to sustained labour market momentum, s

Evening Update For 6th January 2017 - Angel Commodities

News and Analysis

* US ADP NFP added 153,000 jobs in Dec’16.

* German factory orders fell more than expected in Nov’16.

* LME Copper stocks down by 2.2 percent on Thursday.

European stocks are trading lower as German factory orders and retail sales declined more than expected in Dec’16. Asian markets are

We expect MCX copper prices to trade lower - Angel Commodities

Bullion

Gold

On Thursday, spot gold prices rose by 1.5 percent to close at $1180.4 per ounce as the dollar slipped further below a 14-year peak hit earlier this week.

The dollar extended losses against a basket of six major currencies after data showed U.S. private employers added 153,000 jobs in Dec

6/01/2017 10:40:14 AM | Posted in Commodities Reports read full news
Castor seed contracts start on positive note amid forecast of lower production - Angel Commodities

Castor seed

Castor seed futures were launched simultaneously on the National Commodity and Derivatives Exchange (NCDEX) and the Multi Commodity Exchange (MCX) with permission from Securities and Exchange Board of India (SEBI). The contract is available for trading from today, i.e. Thursday, 5th January 2017, with the first contract expiring in February

6/01/2017 10:30:06 AM | Posted in Commodities Reports read full news
Gold trading range for the day is 27711-28097 - Kedia

Gold

Gold on MCX settled up 0.96% at 27948 in the line of expectation as the dollar continued to slide after minutes from the Federal Reserve’s December meeting unsettled investors’ expectations about the pace of interest-rate rises. The gains came after minutes from the central bank’s Dec. 13-14 meeting out Wednesday showed Fed offi

6/01/2017 10:19:40 AM | Posted in Commodities Reports read full news
We expect sugar prices to trade higher - Angel Commodities

Soybean

Soybean futures continue to close lower this week on anticipation of good supplies in the physical as prices have improved over the last week. There is still good demand from the bulk buyers and oil millers. Moreover, higher production estimates by SOPA will keep pressure on prices this season.

U.S. soybean prices dropped on Thursday

6/01/2017 10:05:11 AM | Posted in Commodities Reports read full news
We expect crude oil prices to trade sideways - Sushil Finance

Gold

Gold rose to its highest price in one month on Thursday as the dollar slipped further below a 14-year peak hit earlier this week, while palladium turned lower after extending this week's steep gains to a four-week high.

Buying from China, the biggest gold consumer, also supported the gold rally, traders said.

Evening Update For 5th January 2017 - Angel Commodities

News and Analysis

* China’s services PMI surged to 17-month high in Dec’16.

* LME Copper stocks down by 1.3 percent on Wednesday.

* UK’s Services PMI surged to 56.2 in Dec’16.

European stocks are trading lower but sharp downside was limited as improving global manufacturing numbers spurred optimism.

Maize trading range for the day is 1436-1460 - Kedia

Gold

Gold traded in the range while sentiments remain firm as dollar retreated from a 14-year peak touched earlier this week. Minutes from the central bank’s policy-setting meeting showed that Fed officials saw the possibility that they might have to raise interest rates faster than the “gradual” pace that they have stressed for some

5/01/2017 10:28:58 AM | Posted in Commodities Reports read full news
Crude oil prices are expected to trade higher today - Angel Commodities

Bullion

Gold

On Wednesday, spot gold prices rose by 0.4 percent to close at $1163.4 per ounce ose to the highest in nearly four weeks on Wednesday as the dollar edged back from a 14-year peak and physical demand from major consumers China and India increased.

Holdings of the SPDR Gold Trust, the wor

5/01/2017 10:09:35 AM | Posted in Commodities Reports read full news
We expect Soybean prices to trade lower - Angel Commodities

Soybean

Soybean futures closed lower on anticipation of good supplies in the physical as prices have improved over the last week. There is still good demand from the bulk buyers and oil millers. Moreover, higher production estimates by SOPA.

CBOT soybean lower on Wednesday, as market weighed reports of heavy rains in Argentina and the U.S. d

Evening Update For 4th January 2017 - Angel Commodities

News and Analysis

* US manufacturing PMI surged to 21-month high in Dec’16.

* LME Copper stocks down by 2 percent on Tuesday.

* UK’s Construction PMI surged to 54.2 in Dec’16.

European stocks are trading higher as improving global manufacturing numbers spurred optimism. Asian markets are trading on a hig

Natural Gas Yearly Report For 2017 - Kedia

NATURAL GAS

Natural gas has been one of the best performing commodities of 2016. Prices are on the rebound after dropping to an 18-year low in the first quarter. In December, prices rallied, supported by weather conditions, and the market seems to be moving towards a deficit yet to be materialized. Since hitting its year low in March at 109, the price

4/01/2017 11:00:30 AM | Posted in Commodities Reports read full news
Gold prices are expected to trade higher today - Angel Commodities

Bullion

Gold

Spot gold prices gained momentum yesterday and surged to three week high at $1158.8/oz pointing towards renewed investor interest in the precious metal which was dumped post the US election results. Favorable US manufacturing and construction data pushed DX to 14- year highs.

On the do

4/01/2017 10:49:02 AM | Posted in Commodities Reports read full news
Turmeric trading range for the day is 6688-6840 - Kedia

Gold

Gold on MCX settled up 0.75% at 27778 the highest level in three weeks reversing losses from a rising U.S. dollar amid renewed investor interest in the new year. In last 10 days metal spent the holidays in a narrow trading range and ended the year up about 8% despite a sharp selloff in the final three months of 2016. Yesterday trading started wit

4/01/2017 10:33:56 AM | Posted in Commodities Reports read full news
We expect cotton futures to trade sideways - Angel Commodities

Soybean

Soybean futures closed lower on profit booking by the market participants on anticipation of good supplies as prices have improved over the last week. There is still good demand from the bulk buyers and oil millers. However, higher production estimate by SOPA and steady arrivals kept the prices range bound if the arrivals start picking up in co

4/01/2017 10:24:00 AM | Posted in Commodities Reports read full news