Evening Update For 30th January 2017 - Angel Commodities

News and Analysis

* Trump’s latest ban on immigrants hurts global markets.

* LME Copper stocks down by 0.6 percent on Friday.

* UK Supreme court ruled that a parliamentary vote is needed to trigger Brexit. European stocks are trading lower as US President Trump’s order halting immigration from seven predominantly Muslim

30/01/2017 5:15:11 PM | Posted in Commodities Reports read full news
Buy Gold @ 28100 Stoploss 27800 Target 28450-28650 - Kedia

Bullion

Gold prices dropped on weekly basis as strength in the dollar and recent all-time highs in major U.S. stock indexes dulled demand for so-called haven investments. Gold buying from China stopped ahead of its weeklong holiday to celebrate the Lunar New Year. Gold found itself exposed to painful losses after the renewed investor risk appetite from

30/01/2017 3:04:30 PM | Posted in Commodities Reports read full news
Buy MCX Copper Feb between 402– 400, SL- 396, Target – 412/414 - Angel Commodities

MCX GOLD

MCX Gold Apr as seen in the weekly chart above has opened the week with gap up at 28,800 levels and same day price made a weekly high of 28,891 levels. Later on as expected prices could not able to sustain on higher levels and corrected sharply and made a weekly low of 28,081 levels. At the last trading session of the week prices bounce back f

30/01/2017 12:13:21 PM | Posted in Commodities Reports read full news
We expect MCX copper prices to trade lower - Angel Commodities

Bullion

Gold

Gold prices declined by around 1 percent on Thursday to close at $1188.5 per ounce to a two-week low on Thursday as the dollar firmed and equity markets rallied, but expectations that the greenback's climb may be coming to an end helped limit losses.

Investors abandoning gold can b

30/01/2017 10:42:33 AM | Posted in Commodities Reports read full news
We expect Jeera futures for March delivery to trade higher - Angel Commodities

Soybean

Soybean futures closed lower last week due to good supplies and higher demand at lower prices. 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 are quite active at lower levels keeping pressure on prices.

30/01/2017 10:31:42 AM | Posted in Commodities Reports read full news
We expect silver prices to trade sideways - Sushil Finance

Gold

Gold was little changed on Friday, giving up earlier losses as U.S. equity markets and Treasury yields turned lower, but the metal was on track for its first weekly loss of the year after traders cashed in on this week's rally to two-month highs.

The U.S. Federal Reserve is scheduled to release a statement on Wednesday after a two-da

30/01/2017 10:15:52 AM | Posted in Commodities Reports read full news
Gold trading range for the day is 27976-28572 - Kedia

Gold

Gold prices recovered from losses but ended the week with losses as strength in the dollar and recent all-time highs in major U.S. stock indexes dulled demand for so-called haven investments. Gold found itself exposed to painful losses after the renewed investor risk appetite from the Trump effect and dollar’s resurgence encouraged sellers

30/01/2017 9:27:24 AM | Posted in Commodities Reports read full news
Buy Gold around 28400 target 28550-28650 stop loss 28200 - Enrich

GOLD

Gold on Friday 27th Jan 2017, Gold prices down by 32 pts (-0.11%) & closed at 28353 trading range between 28085-28383 and April Comex Gold futures closed lower for the week at $1190.00, division of the New York Mercantile Exchange.

Today onwards China market holiday due to Lunar new year till Feb 02 Thursday, so that Across the metal

30/01/2017 9:00:34 AM | Posted in Commodities Reports read full news
Buy Crude Oil around 3615 target 3635-3650 stop loss 3600 - Enrich

Crude Oil

Crude Oil on Friday 27th Jan 2017, Crude Oil Feb futures prices down to 21pts (-0.58%) closed at 3608 trading range between 3592-3696.On the New York, Mercantile Exchange, Crude oil for March delivery on the New York Mercantile Exchange to settle at $53.20 a barrel.

Crude Oil futures finished lower on Friday, logging a modest weekly

30/01/2017 8:51:19 AM | Posted in Commodities Reports read full news
Evening Update For 27th January 2017 - Angel Commodities

News and Analysis

 Theresa May’s much-anticipated meeting with Donald Trump due today.

 LME Copper stocks down by 1.9 percent on Thursday.

 UK Supreme court ruled that a parliamentary vote is needed to trigger Brexit.

European stocks are trading lower limiting the global rally while major Asian markets are

27/01/2017 5:22:33 PM | Posted in Commodities Reports read full news
Dhaniya Outlook 2017 - JRG Sec

Dhaniya is amongst one of the major spices in India, which is used widely for consumption. Dhaniya is rabi crop mostly grown in eastern Rajasthan, western Madhya Pradesh and north Gujarat and it is sensitive to weather conditions. It is sown at the end of southwest monsoon that is in October and harvested in Feb-March. The peak arrival season is March-May. The major markets for dhaniya are Kota

27/01/2017 5:04:50 PM | Posted in Commodities Reports read full news
Buy crude oil dips on 3650-40 Target 3670-3700 stop loss 3625 - Enrich Commodities

Crude Oil

Crude Oil on Wednesday 25th Jan 2017, Crude Oil Feb futures prices up to 15pts (-0.41%) closed at 3629 trading range between 3588-3648.On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $53.78 a barrel

26th Jan 2017 on occasion of Republic Day our Market holiday.

27/01/2017 11:03:56 AM | Posted in Commodities Reports read full news
Sell Gold rise on at 28340 target 28250-28100 Stop loss 28430 - Enrich Commodities

GOLD

Gold on Wednesday 25th Jan 2017, Gold prices down by 340 pts (-1.18%)&closed at 28385 trading range between 28357-28650 and April Comex Gold futures are under pressure on Thursday finished the week at $1189.80,division of the New York Mercantile Exchange.

26th Jan 2017, on occasion of Republic Day our Market holiday.

Gold p

27/01/2017 10:54:19 AM | Posted in Commodities Reports read full news
We expect MCX copper prices to trade lower today - Angel Commodities

Bullion

Gold

Gold prices declined by around 1 percent on Thursday to close at $1188.5 per ounce to a two-week low on Thursday as the dollar firmed and equity markets rallied, but expectations that the greenback's climb may be coming to an end helped limit losses.

Investors abandoning gold can b

27/01/2017 10:32:02 AM | Posted in Commodities Reports read full news
We expect cotton and kapas futures to trade sideways to higher - Angel Commodities

Soybean

Soybean futures continue to close lower on Wednesday on good supplies and higher demand at lower prices in the domestic market. The supplies in the physical market is continue to improve as production during kharif is higher by more than 57% this season. The bulk buyers and oil millers are quite active at lower levels only keeping pressure on

27/01/2017 10:21:26 AM | Posted in Commodities Reports read full news
Buy Natural Gas @ 224 Target 230 - Sushil Finance

Gold

Gold fell to a two-week low on Thursday as the dollar firmed and equity markets rallied, but expectations that the greenback's climb may be coming to an end helped limit losses.

Also undermining sentiment was weak physical demand in India due to higher prices, while Chinese demand is weaker ahead of the Lunar New Year holiday, trader

27/01/2017 10:15:20 AM | Posted in Commodities Reports read full news
Gold trading range for the day is 28171-28757 - Kedia

Gold

Gold on MCX settled down -1.18% at 28385 as the metal’s safe-haven appeal was dampened amid a rally in global stock markets. Investors snapped up equities amid an improved corporate earnings outlook, reducing demand for safe-haven assets such as gold and government bonds. New U.S. single-family home sales fell to a 10-month low in December

27/01/2017 10:01:14 AM | Posted in Commodities Reports read full news
Evening Update For 25th January 2017 - Angel Commodities

News and Analysis

* German Ifo Business Climate fell to 109.8 in Jan’17.

* LME Copper stocks down by 0.4 percent on Tuesday.

* UK Supreme court ruled that a parliamentary vote is needed to trigger Brexit.

European stocks are trading higher as global growth optimism raised risk appetite. Asian markets are trading hig

25/01/2017 5:29:53 PM | Posted in Commodities Reports read full news
Buy Gold around 28500 target 28620-28750 stop loss 28440 - Enrich Commodities

GOLD

Gold on Tuesday 24th Jan 2017, Gold prices down by 78 pts (-0.27%) & closed at 28725 trading range between 28700-28801 and April Comex Gold futures finished the week at $1210.80, -0.52%. division of the New York Mercantile Exchange.

Gold prices moved lower as the dollar gained traction on Tuesday following a stronger than expected Ja

25/01/2017 10:56:41 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 declined by 0.71 percent to close at $1208.7 per ounce sliding from a two-month peak as investors took stock of U.S. President Donald Trump's first policy moves and the dollar stabilized after plumbing seven-week lows this week.

Trump formally withdrew f

25/01/2017 10:28:10 AM | Posted in Commodities Reports read full news
We expect sugar prices to trade sideways to higher - Angel Commodities

Soybean

Soybean futures continue to close lower on Tuesday on good supplies in the domestic market. The supplies in the physical market is continue to improve as production during kharif is higher by more than 57% this season. The bulk buyers and oil millers are quite active at lower levels only keeping pressure on prices this season.

U.S. s

25/01/2017 10:13:20 AM | Posted in Commodities Reports read full news