Gold trading range for the day is 27135-27429 - Kedia

Gold

Gold on MCX settled up 0.48% at 27300 traded in the range after opening with a gap up holding near 2-week highs during this lull between Christmas and New Years. Gold's safe haven value was boosted by a drop in stocks, with the DJIA unable to crack the elusive 20,000 mark. Volumes were thin ahead of the new year. Market activity is expected to

29/12/2016 9:57:30 AM | Posted in Commodities Reports read full news
Evening Update For 28th December 2016 - Angel Commodities

News and Analysis

* US consumer confidence in dec’16 at the highest since 2001.

* Fed hikes rates; expects three more in 2017.

European stocks are trading lower as investors look to sidelines ahead of year end holidays. Asian markets are trading on a mixed note and the US stock futures are trading in the green.

International

28/12/2016 4:56:03 PM | Posted in Commodities Reports read full news
We expect MCX copper prices to trade higher - Angel Commodities

Bullion

Gold

On Tuesday, comex gold prices rose by half a percent to close at $1138.9 per ounce as prices rose to a near two-week high on weak Japanese inflation data, but trading was thin with traders in the United States returning after the long Christmas weekend and London markets still closed.

Br

28/12/2016 10:30:03 AM | Posted in Commodities Reports read full news
Aluminium trading range for the day is 116.8-119.2 - Kedia

Gold

Gold prices rose on weak Japanese inflation data, but trading was thin with traders in the United States returning after the long Christmas weekend and London markets still closed. The central bank indicated it may raise rates three times in 2017, moves that could be bolstered by a report showing the U.S. grew at the fastest pace in two years. Hol

28/12/2016 10:14:30 AM | Posted in Commodities Reports read full news
We expect Soybean prices to trade sideways - Angel Commodities

Sugar

Sugar Futures closed higher for the second consecutive day this week as output for the next season is expected to be lower than the consumption demand. Moreover, firm mill tender rates also indicate a renewed demand from the stockists and bulk buyers. The most-active March sugar contract closed 0.57% higher to settle at 3,724 per quintal.

28/12/2016 10:04:36 AM | Posted in Commodities Reports read full news
Evening Update For 27th December 2016 - Angel Commodities

News and Analysis

* Bank holiday in major developed markets today.

* Fed hikes rates; expects three more in 2017.

European stocks are trading flat as investors look to sidelines ahead of year end holidays. Asian markets are trading on a negative note and the US stock futures are trading in the green.

International markets

27/12/2016 5:03:39 PM | Posted in Commodities Reports read full news
We expect sugar prices to trade down - Angel Commodities

Sugar

Sugar Futures closed higher on Monday as output for the next season is expected to be lower than the consumption demand and firm mill tender rates which indicate a renewed demand from the stockists and bulk buyers. The most-active March sugar contract closed 2.04% higher to settle at 3,703 per quintal.

As per the exchange circular, the

27/12/2016 10:35:58 AM | Posted in Commodities Reports read full news
Gold prices are expected to trade sideways - Angel Commodities

Bullion

Gold

Spot gold prices traded flat yesterday owing to holiday in major global markets while MCX gold prices traded higher by 0.2 percent.

Last week, spot gold prices declined by 0.1 percent to close at $1133.1 per although expectations remain that the U.S. Federal Reserve will further raise i

27/12/2016 10:22:16 AM | Posted in Commodities Reports read full news
Cardamom trading range for the day is 1334.9-1430.7 - Kedia

Gold

Gold on MCX traded in the very tight range as volumes were thin as traders prepared for a long weekend. Also all floor trading for precious and base metals options remained shut on Monday, Dec. 26 for the Christmas holiday. Bullion sentiments slightly improved as the dollar retreated from this week's 14-year high and some buyers were tempted t

27/12/2016 9:57:14 AM | Posted in Commodities Reports read full news
Evening Update For 26th December 2016 - Angel Commodities

News and Analysis

* Bank holiday in major developed markets today.

* Fed hikes rates; expects three more in 2017.

* LME Copper stocks down by 0.4 percent on Thursday.

European stocks are trading flat as investors look to sidelines ahead of year end holidays. Asian markets are trading on a negative note and the US stock fu

26/12/2016 5:02:41 PM | Posted in Commodities Reports read full news
Buy MCX Natural Gas January between 244 – 242, Stoploss – 238, Target – 255/ 257 - Angel Commodities

MCX GOLD

MCX Gold Feb as seen in the weekly chart above has opened the week with gap up at 27,190 levels and at the starting of the week prices have rallied sharply for weekly high of 27,280 levels. Later on as expected prices could not able to sustain on higher levels and corrected sharply towards new contract low of 26,862 levels. At the last trading

26/12/2016 3:07:25 PM | Posted in Commodities Reports read full news
Crude oil prices are expected to trade sideways - Angel Commodities

Bullion

Gold

Last week, spot gold prices declined by 0.1 percent to close at $1133.1 per although expectations remain that the U.S. Federal Reserve will further raise interest rates, while MCX gold prices declined by around 0.6 percent in the same time frame.

New orders for U.S.-made capital goods ro

26/12/2016 10:24:03 AM | Posted in Commodities Reports read full news
We expect sugar prices to trade sideways - Angel Commodities

Sugar

Sugar Futures closed higher on Friday as output for the next season is expected to be lower than the consumption demand but on weekly basis the prices closed flat as prices have recovered in last 2 sessions. The most-active March sugar contract closed 0.58% higher to settle at 3,629 per quintal.

The country is likely to produce 23.4 mt

26/12/2016 10:08:10 AM | Posted in Commodities Reports read full news
Cotton trading range for the day is 18773-19013 - Kedia

Gold

Gold prices edged higher as the dollar retreated from 14-year high and some buyers were tempted to take advantage of prices near a 10-month low after six weeks of decline. Volumes were thin as traders prepared for a long weekend. All floor trading for precious and base metals options will be shut on Monday, Dec. 26 for the Christmas holiday. Bulli

26/12/2016 9:51:42 AM | Posted in Commodities Reports read full news
Evening Update For 23rd December 2016 - Angel Commodities

News and Analysis

* US Final GDP grew 3.5 percent in the third quarter.

* Fed hikes rates; expects three more in 2017.

* LME Copper stocks down by 0.4 percent on Thursday.

European stocks are trading higher as a bailout for Italy's oldest bank Monte dei Paschi was approved. Asian markets are trading on a negative note

23/12/2016 5:02:42 PM | Posted in Commodities Reports read full news
We expect Jeera futures to trade sideways - Angel Commodities

Sugar

Sugar Futures closed higher on Thursday as output for the next season is expected to be lower than the consumption demand and on lower level buying by the market participants. The most-active March sugar contract closed 1.23% higher to settle at 3,608 per quintal.

The country is likely to produce 23.4 mt sugar in 2016/17, down about 7%

23/12/2016 10:28:49 AM | Posted in Commodities Reports read full news
Gold prices are expected to trade lower today - Angel Commodities

Bullion

Gold

On Thursday, spot gold prices declined by 0.25 percent to close at $1128.6 per ounce as the dollar advanced in choppy trade and on expectations that the U.S. Federal Reserve will further raise interest rates.

New orders for U.S.-made capital goods rose more than expected in November.

23/12/2016 10:20:21 AM | Posted in Commodities Reports read full news
Buy Crude Oil @ 3570 Target 3670 - Sushil Finance

Gold

Gold prices eased on Thursday as the dollar advanced in choppy trade and on expectations that the U.S. Federal Reserve will further raise interest rates.

New orders for U.S.-made capital goods rose more than expected in November. Other data on Thursday showed that third-quarter U.S. economic growth beat expectations, but the number of Am

23/12/2016 10:08:11 AM | Posted in Commodities Reports read full news
NCDEX Guarseed and RMSeed may trade lower - Angel Commodities

NCDEX Guarseed

Today NCDEX Guarseed Jan opened with gap down at 3235 levels and during the day it corrected sharply and made intraday low of 3,140 levels. Today prices have closed almost 3% lower and finally closed at 3140 levels. As per the candlestick pattern prices have formed “Bearish Pattern MORUBOZU candlestick pattern” which indicate

23/12/2016 9:54:09 AM | Posted in Commodities Reports read full news
Gold trading range for the day is 26752-27188 - Kedia

Gold

Gold on MCX settled down -0.08% at 26968 as pressure continues amid expectations that the U.S. Federal Reserve will opt for more interest rate hikes in 2017. New orders for U.S.-made capital goods rose more than expected in November. Other data on Thursday showed that third-quarter U.S. economic growth beat expectations, but the number of American

23/12/2016 9:47:19 AM | Posted in Commodities Reports read full news