We expect gold prices to trade positive - Sushil Finance

Gold

Gold edged lower on Thursday, 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. Those claims, however, will have no bearing on March U.S. non-farm payrolls data on Friday, which analysts say could be key for short-term direction of the gold mar

7/04/2017 12:11:28 PM | Posted in Commodities Reports read full news
We expect MCX copper prices to trade lower today - Angel Commodities

Bullion

Gold

On Thursday, spot gold prices declined marginally by 0.28 percent to close at $1251.3 per ounce 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.

The dollar index extended gains after data showed n

7/04/2017 11:55:11 AM | Posted in Commodities Reports read full news
Buy Crude Oil dips on 3350 Target 3420-3500 stop loss at 3300 - Enrich Commodities

Crude Oil on Thursday April 6th, 2017, Crude Oil April futures prices Up by 7 pts and closed at 3351, trading range between 3308- 3359. On the New York, Mercantile Exchange, Crude Oil for February delivery on the New York Mercantile Exchange to settle at $ 51.70 a barrel.

Flash News Updated:

The United States has attacked a Syrian air base with roughly 60 cr

7/04/2017 11:33:17 AM | Posted in Commodities Reports read full news
Sell Menthya Oil April Below 1006 SL ABV 1034 TGT 972-938. MCX - Kedia Commodity

Menthaoilpricesdroppedamidsubduedphysicaldemandformenthaoilinthedomesticspotmarket.Pricesalsodroppedonthespeculationtheareaundercultivationcanincreasethisyearresultinggoodproduction.Nowondomesticsidetradershadestimatedearliertotalproductionintherangeof35000-37000tonsforthisyear andcurrentlyitappearsthattheaverageestimate mightbere

Evening Update For 6th April 2017 - Angel Commodities

News and Analysis

*  Trump–Jinping meeting today to draw global attention.

*  China’s announcement to set up a new economic zone near Beijing boosts metals.

*  LME Copper stocks plunged by 1.2 percent on Wednesday.

European stocks are trading mixed owing to divergent monetary policies in the US

Buy Crude Oil Dips on3315-3305 Target 3350-3400 stop loss at 3290 - Enrich Commodities

Crude Oil

On Wednesday April 5th, 2017, Crude Oil April futures prices Up by 7 pts and closed at 3332, trading range between 3314- 3374. On the New York, Mercantile Exchange, Crude Oil for February delivery on the New York Mercantile Exchange to settle at $ 51.15 a barrel.

The U.S. Energy Information Administration said in its weekly report

6/04/2017 12:33:57 PM | Posted in Commodities Reports read full news
Maize trading range for the day is 1419-1471 - Kedia Commodity

Gold

On MCX settled down -0.73% at 28805 in the line of expectation also tracking Comex Gold which dropped by $9.90 to settle at $1,248.50/oz, down from a monthly peak near $1260 as encouraging economic data boosted risk appetite and fueled speculation the Federal Reserve will again raise interest rates before summer. Pressure had been seen after better-than-expected

6/04/2017 12:21:28 PM | Posted in Commodities Reports read full news
The MCX, gold prices are expected to trade lower today - Angel Commodities

Bullion

Gold

On Wednesday, spot gold prices declined marginally by 0.05 percent to close at $1254.8 per ounce as prices fell from one-month highs after better-than-expected U.S. jobs data boosted U.S. bond yields and the dollar but losses were limited after minutes from the Federal Reserve's March policy

6/04/2017 11:59:05 AM | Posted in Commodities Reports read full news
We expect sugar prices to trade sideways to lower - Angel Commodities

Agri-Fundamentals

Soybean

Soybean April futures closed higher on Wednesday due to bargain buying at lower levels. The supplies have been decreased drastically last week compared to previous week. As per Agmarknet, arrivals of soybean during Mar 27- Apr 1 were about 32,514 tonnes Vs 90,767 tonnes during previous week. The mil

6/04/2017 11:45:21 AM | Posted in Commodities Reports read full news
We expect crude oil prices to trade negative - Sushil Finance

Gold

Gold fell from one-month highs on Wednesday after better-thanexpected U.S. jobs data boosted U.S. bond yields and the dollar but losses were limited after minutes from the Federal Reserve's March policy meeting were released. Bullion pared some losses after the Fed's minutes showed most policymakers think the central bank should take steps

6/04/2017 11:35:47 AM | Posted in Commodities Reports read full news
Evening Update For 5th April 2017 - Angel Commodities

News and Analysis

*  Trump–Jinping meeting to draw global attention this week.

*  China’s announcement to set up a new economic zone near Beijing boosts metals.

*  LME Copper stocks plunged by 2.2 percent on Tuesday.

European stocks are trading higher ahead of release of FOMC meeting minutes due

Copper trading range for the day is 374.1-378.5 - Kedia Commodity Ltd

Gold

On MCX settled up 0.42% at 29016 buoyed by a weaker dollar on tepid economic data from the United States and as investors turned to safe-haven assets on worries over geopolitical tensions. Supporting gold was geopolitical tension sparked by U.S. President Donald Trump who on Sunday held out the possibility of using trade as a lever to secure Chin

5/04/2017 12:07:32 PM | Posted in Commodities Reports read full news
We expect Jeera futures to trade higher -Angel Commodities

Agri-Fundamentals

Soybean

Soybean April futures closed higher on Monday due to bargain buying and lower arrivals. The supplies have been decreased drastically last week compared to previous week. As per Agmarknet, arrivals of soybean during Mar 27- Apr 1 were about 32,514 tonnes Vs 90,767 tonnes during previous week. The mil

5/04/2017 11:58:46 AM | Posted in Commodities Reports read full news
We expect silver prices to trade sideways - Sushil Finance

Gold

Gold prices rose on Tuesday, hitting a one-month high as the dollar weakened, but gold retraced gains as U.S. President Donald Trump laid out aggressive plans for infrastructure spending and deregulation. Gold touched $1,261.15, its highest since Feb. 27 as the dollar weakened after the U.S. Institute for Supply Management said its index of nation

5/04/2017 11:23:44 AM | Posted in Commodities Reports read full news
Buy Gold Dips on 28900 Target 29000-29050 stop loss at 28840 - Enrich Commodities

Gold

June month contract prices up by 120pts (0.42%) & closed at 29016.Trading range between 28950-29145 and Comex Gold futures closed at $1258.40, division of the New York Mercantile Exchange.

The main focus for markets this week centres on President Donald Trump’s first meeting with Chinese counterpart Xi Jinping on Thursday and F

5/04/2017 10:55:02 AM | Posted in Commodities Reports read full news
Buy Crude Oii Dips on 3315-3325 Target 3350-3400 stop loss at 3285 - Enrich Commodities

Crude Oil

Crude Oil on Tuesday April 4th, 2017, Crude Oil April futures prices Up by 48 pts closed at 3325, trading range between 3289-3333. On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $ 51.03 a barrel.

Crude inventories in the U.S. dropped a more than expected 1.83 mi

5/04/2017 10:41:11 AM | Posted in Commodities Reports read full news
Buy Gold around 28750 target 28850 stop loss at 28650 - Enrich Commodities

Technical view:

I have been looking to the Intraday 1 hour charts in Gold Market formed “Falling wedge Chart pattern” in this pattern the current downtrend reversal to up move expected 28800-28850. In this pattern already broken out channel and given buy signal, so we can expect prices move towards previous support resistance now at 28850 l