We expect crude oil prices to trade sideways - Sushil Finance

Gold

Gold edged up on Wednesday, hovering below Monday's one-month high as uncertainty about Brexit talks, French elections and U.S. President Donald Trump's economic policies boosted safe-haven buying and offset a firmer dollar.

British Prime Minister Theresa May filed formal Brexit divorce papers on Wednesday, triggering years of ne

30/03/2017 10:43:18 AM | Posted in Commodities Reports read full news
Evening Update For 29th March 2017 - Angel Commodities

News and Analysis

* 2-year formal talks to begin Brexit starts today.

* US CB Consumer Confidence jumped to 16-year high in Mar’17.

* LME Copper stocks plunged by 1.6 percent on Tuesday. 

 

European stocks are trading higher ahead of the formal triggering of Britain's exit process from the Eu

29/03/2017 5:00:28 PM | Posted in Commodities Reports read full news
Buy Crude Oil Dips on 3150-55 Target 3175-3200 Stop loss 3130 - Enrich Commodities

Crude Oil

Crude Oil on Tuesday 28th March 2017, Crude Oil April futures prices up by 55pts closed at 3167, trading range between 3124-3179.On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $ 48.37 a barrel.

U.S. crude stocks rose a more than expected 1.91 million barrels, th

29/03/2017 3:49:19 PM | Posted in Commodities Reports read full news
Buy Gold Dips on 28580-28600 Target 29700-28800 Stop loss 28450 - Enrich Commodities

Gold

Gold on Tuesday 28 March 2017, Gold prices up by (41pts) & closed at 28848 trading range between 28760-28892 and April Comex Gold futures closed at $1255.60 division of the New York Mercantile Exchange.

Gold prices rose on Tuesday to a one-month high amid higher demand on the safe haven due to concerns about the U.S. administrations

29/03/2017 11:14:02 AM | Posted in Commodities Reports read full news
Crudeoil trading range for the day is 3102-3212 - Kedia Commodity

Gold

Gold on MCX settled up 0.14% at 28848 while prices were virtually unchanged in yesterday's session stung by a slightly stronger dollar. While sentiments still remain strong for Bullion which has been supported by update from CPM Group which said, Gold bullion investment will rise for the fourth straight year in 2017 as global political and eco

29/03/2017 11:07:27 AM | Posted in Commodities Reports read full news
We expect silver prices to trade positive - Sushil Finance

Gold

Gold prices turned lower on Tuesday, after nearing the prior session's one-month high, as the U.S. dollar, Treasury yields and stock markets extended gains. Bullion was higher earlier on support from U.S. political and economic uncertainty and expectations of a lower dollar.

A strong greenback makes dollar-denominated gold more expen

29/03/2017 10:48:16 AM | Posted in Commodities Reports read full news
We expect MCX copper prices to trade sideways - Angel Commodities

Bullion

Gold

On Tuesday, spot gold prices declined by 0.2 percent to close at $1251.5 per ounce after nearing the prior session's one-month high, as the U.S. dollar, Treasury yields and stock markets extended gains. Bullion was higher earlier on support from U.S. political and economic uncertainty and exp

29/03/2017 10:16:09 AM | Posted in Commodities Reports read full news
We expect cotton futures to trade sideways - Angel Commodities

Agri-Fundamentals

Soybean

Soybean April futures recovers slightly on Tuesday due to bargain buying and demand from the mills as meal exports have been higher. According to SEA, India's soymeal exports are likely to be around 200,000 tonnes in March, higher than last March's record low of 430 tonnes du

29/03/2017 9:51:55 AM | Posted in Commodities Reports read full news
Evening Update For 28th March 2017 - Angel Commodities

News and Analysis

* US Republican Healthcare bill backed by Trump failed in Congress.

* German Ifo Business Climate surged to 112.3 in Mar’17.

* LME Copper stocks fell by 0.7 percent on Monday. 

 

European stocks are trading higher as global concerns regarding US economic policy subsided. Asian m

28/03/2017 4:35:16 PM | Posted in Commodities Reports read full news
Sell Gold Below 28810 target 28750-28730 stop loss at 28850 - Enrich Commodities

Gold

Gold on Monday 27th March 2017, Gold prices up by (14pts) & closed at 28807 trading range between 28938-28762 and April Comex Gold futures closed at $1255.70 division of the New York Mercantile Exchange.

Gold extended its gains to a one-month high on Monday as the dollar tumbles against a basket of currencies, while global stocks ski

28/03/2017 11:33:21 AM | Posted in Commodities Reports read full news
Sell Crude Oil below 3140 Target 3115-3080 stop loss at 3165 - Enrich Commodities

Crude Oil

Crude Oil on Monday 27th March 2017, Crude Oil April futures prices down by 30pts closed at 3112, trading range between 3075-3160.On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $ 47.73 a barrel.

Crude prices fell on Monday amid ongoing negative pressures due to

28/03/2017 11:25:45 AM | Posted in Commodities Reports read full news
Cardamom trading range for the day is 1336-1432 - Kedia Commodity

Gold

Gold settled flat paring its gains seen earlier as the dollar slid after President Donald Trump's failure to pass healthcare reform raised doubts over his ability to push through his economic agenda. Gold had already rallied sharply from its March 15 low following a less hawkish policy statement than expected from the Federal Reserve, which da

28/03/2017 11:09:38 AM | Posted in Commodities Reports read full news
We expect MCX copper prices to trade sideways - Angel Commodities

Bullion

Gold

On Monday, spot gold prices rose by 0.8 percent to close at $1253.8 per ounce after U.S. President Donald Trump's failure to push through a healthcare reform package on Friday raised questions over his ability to deliver promised tax cuts and spending plans.

Gold had already rallie

28/03/2017 10:04:50 AM | Posted in Commodities Reports read full news
We expect sugar prices to trade sideways - Angel Commodities

Agri-Fundamentals

Soybean

Soybean April futures closed lower on Monday falls more than 0.5% due to higher arrivals and steady demand from the mills. The supplies have been higher this week compared to previous week. As per Agmarknet, arrivals of soybean during 20-25 Mar were about 80,555 tonnes Vs 40,910 tonn

28/03/2017 9:53:20 AM | Posted in Commodities Reports read full news
We expect MCX March contract to trade higher - Angel Commodities

Jeera / Cumin

* Jeera futures jumped higher last week on good physical and export demand coupled with lower supplies. The most-active Apr’17 delivery contract closed 7.2 % higher to settle at Rs. 17,935 per quintal. Market participants are expecting good exports demand in coming months.

* The arrivals have declined last week in the phys

27/03/2017 5:28:29 PM | Posted in Commodities Reports read full news
Evening Update For 27th March 2017 - Angel Commodities 

News and Analysis

* US Republican Healthcare bill backed by Trump failed in Congress.

* German Ifo Business Climate surged to 112.3 in Mar’17.

* LME Copper stocks fell by 0.4 percent on Friday. 

 

European stocks are trading lower as global investors are skeptical whether Donald Trump will be able

27/03/2017 5:15:02 PM | Posted in Commodities Reports read full news
Silver trading range for the day is 41045-41861 - Kedia Commodity

Gold

Gold prices settled flat, but gained on weekly basis as concern about the ability of U.S. President Donald Trump to push legislation through Congress pressured the dollar. The dollar remained near seven-week lows against a basket of currencies ahead of a vote on a healthcare bill, formally called the American Health Care Act.

Gold, seen

27/03/2017 11:01:59 AM | Posted in Commodities Reports read full news
We expect MCX copper prices to trade lower today - Angel Commodities

Bullion

Gold

Last week, Spot gold prices traded higher by 1.3 percent, to close at $1243.8/oz, while MCX gold prices rose by 1 percent at Rs.28793 per 10 gms.

The European Central Bank said on Thursday that economic recovery in the euro zone was gaining ground while data last week indicated strong

27/03/2017 10:44:38 AM | Posted in Commodities Reports read full news
We expect gold prices to trade positive on the back of safe haven bet - Sushil Finance

Gold

Gold rose on Friday, notching its second straight week of gains as concern about the ability of U.S. President Donald Trump to push legislation through Congress pressured the dollar, making bullion cheaper for holders of other currencies. Gold, seen as a safe haven asset, has benefited from falls in the dollar, U.S. bond yields and stocks this wee

27/03/2017 10:31:57 AM | Posted in Commodities Reports read full news