Buy Crude Oil on dips at 3275-3285 Target 3310-3350 Stop loss 3245 - Enrich Commodities

CRUDE OIL

Crude Oil on Friday 19th May 2017, Crude Oil June futures prices Up by 40 pts (1.24%) closed at 3277, trading range between 3248-3392 On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $50.48 a barrel.

Crude oil prices rose last week as investors reacted to reports

22/05/2017 10:25:30 AM | Posted in Commodities Reports read full news
Buy Gold on Dips 28550-28600 Target 28700-28800 Stop loss at 28500 - Enrich Commodities

GOLD

Gold on Friday 19th May 2017, Gold prices down by-70 pts closed at 28635 trading range between 28785-28530 and April Comex Gold futures closed at $1255.07 division of the New York Mercantile Exchange.

Gold posted its best gain in five weeks as the U.S. Dollar weakened on political turmoil in the United States, boosting the precious metal

22/05/2017 10:16:50 AM | Posted in Commodities Reports read full news
Evening Update For 19th May 2017 - Angel Commodities

News and Analysis

*  OPEC compliance on output cut seen as boost by oil markets

*  Political uncertainty clouds markets across the globe

*  LME Copper inventories gains by around 30 percent in May

European markets are trading positive although political uncertainty in the US continues to cloud global market

19/05/2017 5:27:50 PM | Posted in Commodities Reports read full news
Buy Crude Oil on dips at 3210-3220 Target 3250-3277 Stop loss 3189 - Enrich Commodities

CRUDE OIL

Crude Oil on Thursday 18th May 2017, Crude Oil May futures prices Up by 47 pts (1.49%) closed at 3203, trading range between 3118-3224 On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $49.35 a barrel.

Oil futures rose on Thursday, growing optimism that big produci

19/05/2017 11:52:12 AM | Posted in Commodities Reports read full news
Buy Gold on Dips 28550-28575 Target 28750-28850 Stop loss at 28500 - Enrich Commodities

GOLD

Gold on Thursday 18th May 2017, Gold prices up by 86 pts closed at 28707 trading range between 28567-29004 and April Comex Gold futures closed at $1252.80 division of the New York Mercantile Exchange.

Stronger than expected U.S. jobless claims and a better than expected Philly Fed Index helped buoy the dollar, taking the edge off gold pr

19/05/2017 11:46:01 AM | Posted in Commodities Reports read full news
Gold trading range for the day is 1242.6-1254.2 - Kedia Commodity

GOLD

Gold rose to a two-week high to an overnight peak of $1265, the most since May 1 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 lowest in six months. Pressure on US President Donald Trump deepened after reports that he tried to int

19/05/2017 11:25:49 AM | Posted in Commodities Reports read full news
CPO trading range for the day is 508.4-518.2 - Kedia Commodity

Gold

Gold on MCX settled up 0.3% at 28705 as support seen after Rupee weakened over 1.1%, its steepest fall in 21-month against the US dollar as concern over US President Donald Trump spurred a sell off in emerging market currencies. Also Comex Gold rose to a two-week high to an overnight peak of $1265, the most since May 1. Pressure on US President D

19/05/2017 11:08:47 AM | Posted in Commodities Reports read full news
We expect silver prices to trade sideways - Sushil Finance

Gold

Gold fell on Thursday as a bounce in the dollar prompted some buyers to cash in gains after its biggest one-day rally in nearly a year, though uncertainty over the outlook for the Trump presidency underpinned the metal near two-week highs.

Gold surged nearly 2 percent on Wednesday, its biggest one-day jump since Britain's June vote t

19/05/2017 10:51:29 AM | Posted in Commodities Reports read full news
We expect Crude oil prices to trade higher today - Angel Commodities

Bullion

Gold

On Thursday, spot gold prices declined by 1.09 percent to close at $1246.6 per ounce s a bounce in the dollar prompted some buyers to cash in gains after its biggest one-day rally in nearly a year, though uncertainty over the outlook for the Trump presidency underpinned the metal near two-week h

19/05/2017 10:04:20 AM | Posted in Commodities Reports read full news
Cotton futures are expected trade sideways - Angel Commodities

Agri-Fundamentals

Soybean

Soybean Jun futures closed lower on Thursday tracking weak International prices and higher stocks in the Country. As per SPOA, about 54 lt of soybean has been crushed and estimate of 46 lt of soybean is available in the country. In crop year 2016/17 till end of April about 59 lt arr

19/05/2017 9:51:08 AM | Posted in Commodities Reports read full news
Evening Update For 18th May 2017 - Angel Commodities

News and Analysis

* Global stock markets hit by US political woes.

* US EIA oil stocks fell by 1.8 mn bbl in the w/e 12th May.

* LME Copper stocks fell marginally on Wednesday.

European markets are trading lower as concerns regarding Trump’s administration have intensified following the latest FBI episode. Asian mark

18/05/2017 5:20:45 PM | Posted in Commodities Reports read full news
We expect gold prices to trade positive - Sushil Finance

Gold

Gold 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 lowest in six months.

Lower yields reduce the opportunity cost of holding non-yielding gold, while a weaker dollar makes bullion che

18/05/2017 12:19:15 PM | Posted in Commodities Reports read full news
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