We expect Soybean prices to trade sideways - Angel Commodities

Agri-Fundamentals

Soybean

Soybean May futures gain a little on Tuesday and continues its sideways trend as supplies have improved last week but demand remains steady at lower levels. The supplies in the physical market decrease in first 10 days in April compared to last month. As per Agmarknet, arrivals of s

12/04/2017 10:25:54 AM | Posted in Commodities Reports read full news
Gold trading range for the day is 28598-29526 - Kedia Commodity

Gold

Gold on MCX settled up 1.58% at 29193 gained tracking firmness from Comex Gold prices which rallied in yesterday session to finish at their highest level since November, jumped almost $20.30 to settled at $1,274.20 an ounce, reaching its highest closing level in five months as US tensions with North Korea and Russia, as well as the upcoming presi

12/04/2017 10:09:38 AM | Posted in Commodities Reports read full news
Evening Update For 11th April 2017 - Angel Commodities

News and Analysis

* North Korea warns US of nuclear strike.

* Syria’s allies criticize US strike on former’s military base.

* LME Copper stocks plunged by 2.6 percent on Monday.

European stocks are trading mixed as uncertainty over the ongoing US-North Korea tensions and upcoming French elections hurt risk app

11/04/2017 5:15:38 PM | Posted in Commodities Reports read full news
Sell Gold @28850 Target 28500 - Sushil Finance

Gold

Gold prices ended little changed on Monday as expectations that the Federal Reserve will press ahead with interest rate rises offset concerns over political tensions in North Korea and the Middle East.

Late in the session, prices were supported after Fed Chair Janet Yellen struck a cautious note, saying it would be appropriate to gradual

11/04/2017 11:21:51 AM | Posted in Commodities Reports read full news
Buy Crude Oil above at 3425-15 Target 3465-3500 stop loss at 3396 - Enrich Commodities

CRUDEOIL

Crude Oil on Monday April 10th, 2017, Crude Oil April futures prices Up by 65 pts and closed at 3424, trading range between 3365-3430 On the New York, Mercantile Exchange, Crude Oil for February delivery on the New York Mercantile Exchange to settle at $ 53.08 a barrel

Crude prices rose to five-week highs in Asia on Tuesday with indu

11/04/2017 10:53:31 AM | Posted in Commodities Reports read full news
We expect MCX copper prices to trade sideways today - Angel Commodities

Bullion

Gold

Spot gold prices fell by 0.6 percent, to close at $1254.2/oz, while MCX gold prices rose by 0.2 percent to close at Rs.28739 per 10 gms.

Gold prices declined yesterday but uncertain global environment cushioned the fall.

Eralier during the day, Gold prices held steady, buoyed

11/04/2017 10:47:26 AM | Posted in Commodities Reports read full news
Gold trading range for the day is 28541-28899 - Kedia

Gold

Gold on MCX settled up 0.19% at 28739 prices recovered from the day's low while prices dropped in the morning session as the US dollar continued to remain supported by Federal Reserve policy tightening expectations. Recovery in the prices seen in late session with markets keeping a close eye on geopolitical risks and noting comments from the

11/04/2017 10:33:30 AM | Posted in Commodities Reports read full news
We expect Jeera futures to trade higher - Angel Commodities

Soybean

Soybean May futures closed lower on Monday and continues its decline as supplies have improved last week but demand remains steady at lower levels. The supplies have increased during the last week compared to previous week. As per Agmarknet, arrivals of soybean during Apr 3-8 is 43,753 while during Mar 27- Apr 1 were about 32,514 tonnes Vs 90,7

11/04/2017 10:20:05 AM | Posted in Commodities Reports read full news
Evening Update For 10th April 2017 - Angel Commodities

News and Analysis

* Global geopolitical concerns hurt markets.

* Syria’s allies criticize US strike on former’s military base.

* LME Copper stocks rose 0.5 percent on Friday.

European stocks are trading lower as uncertainty over the upcoming French presidential election hurt risk appetite. Asian markets ended

10/04/2017 11:42:06 AM | Posted in Commodities Reports read full news
Gold prices will trade higher towards Rs.29300 mark - Angel Commodities

Gold

• Last week, Spot gold prices rose by 0.4 percent, to close at $1253.6/oz, while MCX gold prices rose by 0.8 percent to close at Rs.28684 per 10 gms.

• Gold prices pressured by a firmer dollar on the back of upbeat U.S. unemployment data and as some investors sold to redeem profits after bullion's recent advance.

10/04/2017 5:02:16 PM | Posted in Commodities Reports read full news
We expect Jeera futures to trade higher - Angel Commodities

Soybean

Soybean April futures closed lower on week continues its range bound trade as supplies have improved last week but demand remains steady. The supplies have been decreased drastically in last two week compared to previous weeks. As per Agmarknet, arrivals of soybean during Apr 3-8 is 43,753 while during Mar 27- Apr 1 were about 32,514 tonnes Vs

10/04/2017 11:33:53 AM | Posted in Commodities Reports read full news
Sell Crude Oil below 3315 target 3285 -3250 stop loss 3330 - Enrich Commodities

CRUDEOIL

Crude Oil on Friday April 7th, 2017, Crude Oil April futures prices Up by 8 pts and closed at 3359, trading range between 3320-3399 On the New York, Mercantile Exchange, Crude Oil for February delivery on the New York Mercantile Exchange to settle at $ 52.24 a barrel.

Oil futures settled higher for the fourth session in a row on Frid

10/04/2017 11:12:02 AM | Posted in Commodities Reports read full news
We expect silver prices to trade positive - Sushil Finance

Gold

Gold hit a five-month high on Friday after U.S. jobs data dampened expectations that the U.S. Federal Reserve will raise interest rates, but the metal gave up most gains as the dollar rose and safe haven demand ebbed.

U.S. employers added the fewest number of workers in 10 months in March, boosting gold, which is most attractive to inve

10/04/2017 11:00:35 AM | Posted in Commodities Reports read full news
Buy Gold Dips on 28625-600 target 28700-28800 stop loss 28585 - Enrich

Gold

Gold, June month contract prices down by 37 points & closed at 28684. Trading range between 29000-28661 and Comex Gold futures closed at $1255.95 division of the New York Mercantile Exchange.

June Comex Gold futures reached a five-month high on Friday as investors pulled their money from higher risk assets for the safety of the preci

10/04/2017 10:43:53 AM | Posted in Commodities Reports read full news
We expect MCX copper prices to trade lower - Angel Commodities

Bullion

Gold

Last week, Spot gold prices rose by 0.4 percent, to close at $1253.6/oz, while MCX gold prices rose by 0.8 percent to close at Rs.28684 per 10 gms.

Gold prices pressured by a firmer dollar on the back of upbeat U.S. unemployment data and as some investors sold to redeem profits after b

10/04/2017 10:29:24 AM | Posted in Commodities Reports read full news
Turmeric trading range for the day is 6160-6468 - Kedia

Gold

Gold prices gave up most of its gains as the dollar rose and safe haven demand ebbed after earlier prices rose as U.S. jobs data dampened expectations that the U.S. Federal Reserve will raise interest rates. The precious metal strengthened after the U.S. launched cruise missiles at an airbase in Syria, sparking concerns of an escalation in the Syr

10/04/2017 9:48:47 AM | Posted in Commodities Reports read full news
Buy Nickel @ 644 Stoploss Below 577 Target 718-780 - Kedia

NickelonMCXsettleddown-2.75%at654.10trackingweaknessfromLMENickelwhichended2.1percentlowerat$US10,080a tonneasNickeltraderscuttherelongpositionandsitwithawait-and-seemodetoseewhattheoutcomewillbefromthemeeting betweenUSPresidentDonaldTrumpandChina’sPresidentXiJingpin.Chinahasbeenthetargetofanti-dumpinglawsuits,and thisisex

Evening Update For 7th April 2017 - Angel Commodities

News and Analysis

*  Trump–Jinping meeting today to draw global attention.

*  US strike on Syria’s military base stuns markets.

*  LME Copper stocks plunged by 1.9 percent on Thursday.

European stocks are trading lower as risk appetite is hurt by US missile strike actions on Syria. Asian markets

Sell Gold rise on 28940-50 target 28900-28850 stop loss at 29000 - Enrich Commodities

GOLD

Gold, June month contract prices up by 67 points & closed at 28737. Trading range between 28950-29701 and Comex Gold futures closed at $1253.30, division of the New York Mercantile Exchange.

Gold spiked to five-month peaks Friday in Asia after the U.S. military launched cruise missile strikes against a Syrian air base controlled by P

Natural gas trading range for the day is 207-219.6. - Kedia Commodity

Gold

On MCX settled down -0.29% at 28721 pressured by a firmer dollar on the back of upbeat U.S. unemployment data and as some investors sold to redeem profits. Gold was pressured as new applications for U.S. unemployment benefits last week recorded their biggest drop in nearly two years. The dollar index extended gains after data showed new applicati

7/04/2017 12:19:09 PM | Posted in Commodities Reports read full news