Sell Natural Gas Jul Below 195.50 SL ABV 198 TGT 191.80-188.80 - Kedia Commodity

Naturalgas

Naturalgas on MCX settled up 3.91% at 196.80 prices surged higher as warmer than normal weather is expected to cover most of the United States for the next 8-14 days which should increase cooling demand driving up natural gas prices. Hot high pressure with highs of 90s and 100s will dominate much of the country this week for strong demand b

12/07/2017 3:07:15 PM | Posted in Commodities Reports read full news
We expect silver prices to trade positive - Sushil Finance

Gold

Spot gold rose on Tuesday, off the previous day's near four-month lows, as a drop in equities drove safe-haven buying and the U.S. dollar retreated.

The weaker currency makes dollar-denominated commodities less expensive for holders of other currencies, which could subdue demand.

The greenback fell after hitting a four-mon

12/07/2017 12:08:45 PM | Posted in Commodities Reports read full news
The Fed members have expressed caution regarding slow wage growth and low inflation - IIFL

Commodities

Gold  price extended the recovery ,rebounding from month low,as political uncertainly aggravates in US. Meanwhile ,investors await cues from Fed Chif’s testimony to Congress. However , there seem to be divergrent views from the Fed as far as policy normalisation is concerned. Although Yellen seems to be persisting with rate hikes

12/07/2017 12:01:48 PM | Posted in Commodities Reports read full news
Naturalgas trading range for the day is 186.2-202.4 - Kedia Commodity

Gold

Gold on MCX settled up 0.14% at 27834 after Fed’s Brainard sparked doubts about a rate hike later this year, warning that further rate increases could stifle inflation. Minneapolis Federal Reserve Bank President Neel Kashkari said on Tuesday he finds it hard to believe that the U.S. economy is in danger of overheating when wage growth is so

12/07/2017 11:56:34 AM | Posted in Commodities Reports read full news
Short term perspective indicates that the previous resistance became support at $44.90 - Enrich Commodities

CRUDE OIL

Crude Oil on Tuesday 11th July 2017, Crude Oil July futures prices Up by (36) pts (1.25%) closed at 2912, trading range between 2836 – 2926. Crude oil for August delivery on the New York Mercantile Exchange settled at $45.04 a barrel.

Crude futures closed higher as oversupply tenseness calmed down a little after the Energy inf

12/07/2017 10:38:48 AM | Posted in Commodities Reports read full news
Gold prices rebounded from session lows - Enrich Commodities

GOLD

Gold on Tuesday 11th July 2017, Gold prices up by (40) pts closed at 27834 trading range between 27678 - 27870 and August Comex Gold futures settled at $1214.70 division of the New York Mercantile Exchange.

Gold turned optimistic after Federal Reserve Governor Lael Brainard kindled doubts about a rate ramble later this year, warning that

12/07/2017 10:33:21 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 0.28 percent to close at $1217.3 per ounce off the previous days near four-month lows, as a drop in equities drove safe-haven buying and the U.S. dollar retreated.

U.S. stocks and the dollar reversed gains after U.S. President Donald Trump's eld

12/07/2017 10:20:46 AM | Posted in Commodities Reports read full news
We expect Ref Soy oil to trade sideways to higher - Angel Commodities

Agri-Fundamentals

Soybean

NCDEX Soybean August futures plunge more than 2.20% on Tuesday due to fresh selling by the market participants due to profit booking. As per SOPA, as of June-end, soybean inventories with farmers were at 36 lakh tonnes, over three times the amount a year ago.

According to

12/07/2017 10:07:00 AM | Posted in Commodities Reports read full news
Evening Update For 11th July 2017 - Angel Commodities

News and Analysis

* Crude prices under severe pressure ahead of stocks data.

* LME Copper stocks jumped by 1.6 percent on Friday.

* US Nonfarm payrolls jumped by 222k in June’17.

European markets are trading lower today as plunge in crude oil prices hurt global risk appetite. Asian markets ended higher and the US st

11/07/2017 5:17:49 PM | Posted in Commodities Reports read full news
Buy Silvermini at 76.50; Stop loss closing basis 79.40 Target 74.20 and below can see 71.80 - Kedia Commodity

Gold - Silver Ratio (GSR) Chart

Trade Recommendation: SELL

Sell Goldmini - Buy Silvermini at 76.50; Stop loss closing basis 79.40 Target 74.20 and below can see 71.80.

Trading Lot Size : Sell 3 lots of Goldmini Aug at 27715 while Buy 4 lots of Silvermini Aug at 36230. Current price : 76.50

GSR trading well above moving ave

11/07/2017 4:54:04 PM | Posted in Commodities Reports read full news
Crudeoil trading range for the day is 2793-2935 - Kedia Commodity

Gold

Gold on MCX settled up 0.04% at 27794 after nearing technical support and as traders awaited signals from central banks on interest rate hikes. Consumers expect to boost spending in the months ahead and voiced confidence they are more likely to find a job and less likely to lose one in a strong labor market, the New York Federal Reserve reported.

11/07/2017 11:52:29 AM | Posted in Commodities Reports read full news
Soybean futures are expected to trade sideways to higher - Angel Commodities

Agri-Fundamentals

Soybean

NCDEX Soybean August futures continue to trade higher as market participants initiated fresh buying (open interest increased by 5010 tonnes) due to deficient rains in soybean growing areas of MP , Rajasthan and Maharashtra during last 7 days or so. Moreover, higher soymeal exports to

11/07/2017 11:20:45 AM | Posted in Commodities Reports read full news
We expect gold prices to trade sideways - Sushil Finance

Gold

Gold prices edged up on Monday from their lowest since mid-March in choppy trade, after nearing technical support and as traders awaited signals from central banks on interest rate hikes.

Bullion is highly sensitive to rising rates because they push up bond yields, increasing the opportunity cost of holding non-yielding gold. They also

11/07/2017 11:07:56 AM | Posted in Commodities Reports read full news
Oil futures rebounded from the lows - IIFL

Commodities

Gold prices hit a four month low of US$1,204/oz before scaling higher and ending the day on a positive note. The complex is more worried about rising sovereign bond yields rather than the trajectory in US dollar. Today, a dull trading session could be in the office as market participants will likely remain on the sidelines ahead of US Fed C

11/07/2017 10:56:50 AM | Posted in Commodities Reports read full news
Crude prices are still about 17 percent below their 2017 opening levels - Enrich Commodities

CRUDE OIL

Crude Oil on Monday 11th July 2017, Crude Oil July futures prices Up by (13) pts (0.45%) and closed at 2876, trading range between 2822 – 2893. Crude oil for August delivery on the New York Mercantile Exchange settled at $44.40 a barrel.

Oil prices edged up early on Tuesday, lifted in part by a strong demand outlook for the co

11/07/2017 10:26:56 AM | Posted in Commodities Reports read full news
Gold prices up by 10 pts closed at 27794 trading range between 27603 - 27820 - Enrich Commodities

GOLD

Gold on 11th July 2017, Gold prices up by 10 pts closed at 27794 trading range between 27603 - 27820 and August Comex Gold futures settled at $1213.20 division of the New York Mercantile Exchange.

Gold edged lower on Monday, as investors looked ahead to testimony from Fed chair Janet Yellen later this week on the health of the economy an

11/07/2017 10:21:12 AM | Posted in Commodities Reports read full news
Gold prices are expected to trade lower today - Angel Commodities

Bullion

Gold

On Monday, spot gold prices rose marginally by 0.09 percent to close at $1214 per ounce from their lowest since mid-March in choppy trade, after nearing technical support and as traders awaited signals from central banks on interest rate hikes.

Markets were looking ahead to Wednesday an

11/07/2017 9:49:59 AM | Posted in Commodities Reports read full news
Evening Update For 10th July 2017 - Angel Commodities

News and Analysis

* Chinese PPI steady at 5.5 percent in June’17.

* LME Copper stocks jumped by 1.6 percent on Friday.

* US Nonfarm payrolls jumped by 222k in June’17.

European markets are trading higher today as latest favorable data from the US and Europe boosted global growth prospects. Asian markets ended h

10/07/2017 4:57:49 PM | Posted in Commodities Reports read full news
We expect soybean for Aug delivery to trade lower - Angel Commodities

Cotton

* MCX Cotton closed higher last week to close about 2.8% higher to settled at Rs. 20,570 per bale on fear of decline in yield due to deficient rainfall in major growing areas during the last three weeks. This is second weekly gains for cotton and strongest gain since February 2017.

* Moreover, expectation of good physical demand for co

10/07/2017 4:45:52 PM | Posted in Commodities Reports read full news
Sell MCX Copper Aug between 384 - 386, SL - 392, Target - 374/372 - Angel Commodities

MCX GOLD Aug (CMP – 27,784 / $ 1212.55)

MCX Gold Aug as seen in the weekly chart above has opened the week with gap down at 28,421 levels and during the week open and high were the same levels. During this week prices have corrected sharply and made a weekly low of 27,724 levels. This week prices have closed below the previous week’s closin

10/07/2017 4:41:56 PM | Posted in Commodities Reports read full news
We expect Copper prices to trade sideways to down - Alpha Commodity

Bullion

* Gold silver prices declined on stringer dollar after positive US non-farm payroll data. Prices remained under pressure since last week after world central banks signaled monetary tightening in near term.

* Prices are expected to trade sideways to down with stronger dollar. The uncertainty over BREXIT and tensions in Korean peninsula may support prices to trade firm

10/07/2017 3:06:03 PM | Posted in Commodities Reports read full news