Gold trading range for the day is 28851-29391 - Kedia

Gold

Gold on MCX settled up 0.98% at 29193 as worries about the political landscape in the United States and Europe and a subdued dollar reinforced investor interest. Philadelphia Federal Reserve Bank President Patrick Harker said he would be open to raising interest rates again at the U.S. central bank's March meeting if growth in jobs and wages

7/02/2017 10:37:02 AM | Posted in Commodities Reports read full news
We expect cotton and kapas futures to trade sideways to higher - Angel Commodities

Soybean

Soybean futures closed down but the trend is still range bound on expectation that the supplies in the domestic market will remain sufficient in the physical market. The bulk buyers and oil millers are quite active at lower levels keeping pressure on prices.

U.S. soybean futures closed higher on Monday on stronger exports supported by

7/02/2017 10:22:49 AM | Posted in Commodities Reports read full news
We expect silver prices to trade sideways - Sushil Finance

Gold

Gold jumped 1 percent on Monday to its highest in nearly three months as worries about the political landscape in the United States and Europe, and a subdued dollar, reinforced investor interest.

Political uncertainty in the United States has been fueled by President Donald Trump's policies, the most controversial of which is a tempo

7/02/2017 10:17:04 AM | Posted in Commodities Reports read full news
We expect Soybean prices for February delivery to trade higher - Angel Commodities

Soybean

* Soybean futures traded mostly sideways during last week and closed little lower on expectation that the supplies in the domestic market will remain sufficient in the physical market. The bulk buyers and oil millers are quite active at lower levels keeping pressure on prices.

* The most-active Feb’17 delivery contract closed 0.

Evening Update For 6th February 2017 - Angel Commodities

News and Analysis

* US NFP jumped more than expected to 225k in Jan’17.

* LME Copper stocks declined by 1.3 percent on Friday.

* ECB President Draghi’s speech to be keenly watched.

European stocks are trading higher today but investors keenly awaited ECB President’s speech for cues on monetary policy. As

Sell Crude palm oil February @ 580 Add Till 590 Stoploss Above 601.50 Target 564.50-546.50 - Kedia

Crude palm oil

Crude palm oil on MCX settled down -0.12% at 576.7 on profit booking on prospects of higher imports and higher supply situation. However downside seen limited as data from Indonesia continued to show supply tightness for palm oil. Malaysia palm oil exports during Jan 1-31 rose 8.13% compared to a month earlier on strong demand from India

Sell MCX Copper February between 392 – 394, Stoploss- 398, Target – 384 / 38 - Angel Commodities

MCX GOLD

MCX Gold Apr as seen in the weekly chart above has opened the week with gap up at 28,322 levels and same day it made a weekly low of 28,300 levels. Later on prices could not able to sustain on lower levels and rallied sharply and made a made a weekly high of 29,070 levels. At the last trading session of the week prices corrected from higher le

We expect Jeera futures to trade positive - Angel Commodities

Soybean

Soybean futures traded mostly sideways during last week and closed little lower on expectation that the supplies in the domestic market will remain sufficient in the physical market. The bulk buyers and oil millers are quite active at lower levels keeping pressure on prices.

U.S. soybean futures fell last week on expectations for a m

6/02/2017 10:33:12 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 2.4 percent to close at $1219 per ounce as prices rose to an 11-week high on Thursday after the U.S. Federal Reserve gave no clear signal on the likelihood of a March interest rate increase in its latest statement, prompting another drop in the U.S. dollar.

6/02/2017 10:26:33 AM | Posted in Commodities Reports read full news
We expect gold prices to trade sideways - Sushil Finance

Gold

Gold was little changed on Friday, erasing earlier losses as the dollar came under pressure from a U.S. payrolls report that flagged up weak wage growth last month, weakening the case for near-term interest rate hikes.

While U.S. job growth surged more than expected in January as construction firms and retailers ramped up hiring, wages b

6/02/2017 10:13:21 AM | Posted in Commodities Reports read full news
Gold trading range for the day is 28628-29088 - Kedia

Gold

Gold on MCX settled up 0.2% at 28909 as the dollar came under pressure from a U.S. payrolls report that flagged up weak wage growth last month, weakening the case for near-term interest rate hikes. Gold prices rose to around 2 percent on weekly basis as the dollar headed for a fourth weekly drop on worries about Donald Trump's presidential st

Markets rest after its hectic sprint in past few weeks!! - Angel Commodities

“The Indian Equity Markets had a range bound day today. Bank Stocks especially the PSU banking stocks fared extremely well, along with results reactions on few pharma stocks which aided the market movement. Sun Tv obviously remained in focus because of the positive news associated with promoters. Telecom stocks continued to remain in the limelight because of the merger/consolidation news

Evening Update For 3rd February 2017 - Angel Commodities

News and Analysis

 Chinese central banks raises interest rates

 LME Copper stocks continues its falling trajectory

 Non-Farm Payrolls the key event tonight

European stocks are trading higher today before the NonFarm Payrolls data due tonight in the US. Asian markets are trading mixed and the US stock futures are

Buy Crude Oil dips on 3630-3620 Target 3650-3675 Stop loss 3600 - Enrich Commodities

CRUDEOIL

Crude Oil on Thursday 2nd Feb 2017, Crude Oil Feb futures prices up to 29pts (0.81%) closed at 3614 trading range between 3592-3663.On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $53.54 a barrel

Crude prices rose on Thursday to a four-week high for the third day

3/02/2017 11:10:17 AM | Posted in Commodities Reports read full news
We expect sugar prices to trade sideways to higher - Angel Commodities

Soybean

Soybean futures closed lower after surging to Rs. 3077 levels on Thursday to closed 0.03% down at Rs. 3043 due to sufficient supplies in the physical market. The supplies in the physical market is continue to be adequate as production during kharif is higher by more than 57% this season compared to last year. The bulk buyers and oil millers ar

3/02/2017 10:34:22 AM | Posted in Commodities Reports read full news
Silver trading range for the day is 41262-4273 - Kedia

Gold

Gold on MCX settled up 0.59% at 28850 as support seen with tensions between Iran and the U.S, over a ballistic missile test by Tehran this week and even the tenor of President Donald Trump's phone calls with world leaders. The U.S. central bank painted a relatively upbeat picture of the economy, noting that job gains remained solid, inflation

3/02/2017 10:21:20 AM | Posted in Commodities Reports read full news
Sell Silver @ 42200 Target 41200 - Sushil Finance

Gold

old prices rose to an 11-week high on Thursday after the U.S. Federal Reserve gave no clear signal on the likelihood of a March interest rate increase in its latest statement, prompting another drop in the U.S. dollar.

U.S. non-farm payroll data for January will be closely watched on Friday. The report is seen as a key barometer of the h

3/02/2017 10:10:00 AM | Posted in Commodities Reports read full news
Crude oil prices are expected to trade higher today - Angel Commodities

Bullion

Gold

On Thursday, spot gold prices rose by half a percent to close at $1215.8 per ounce as prices rose to an 11-week high on Thursday after the U.S. Federal Reserve gave no clear signal on the likelihood of a March interest rate increase in its latest statement, prompting another drop in the U.S. dolla