We expect sugar prices to trade sideways to higher - Angel Commodities

Sugar

Sugar Futures closed higher on Tuesday due to good demand from the market participants. However, good sugar productions this sugar season coupled with less demand from the stockists kept spot prices in check. The most-active March sugar contract closed 0.83% higher to settle at 3,655 per quintal.

Sugar production in India has increased

14/12/2016 10:17:36 AM | Posted in Commodities Reports read full news
Silver trading range for the day is 40534-42110 - Kedia

Gold

Gold settled down by -0.47% at 27535 losing its lustre ahead of a key two-day meeting of the U.S. Federal Reserve that is expected to deliver the second interest rate rise in a decade. Since the U.S. elections, markets have speculated that incoming President Donald Trump would embark on fiscal policies including infrastructure spending that could

14/12/2016 10:04:35 AM | Posted in Commodities Reports read full news
Evening Update For 13th December 2016 - Angel Commodities

News and Analysis

* Markets focus on the upcoming FOMC statement.

* China's Industrial production turns up higher than expected.

* LME Copper stocks up by 7 percent on Monday.

European markets are trading higher as Italy’s biggest bank jumped after the lender announced plans to raise 13 billion Euros. Asian mark

13/12/2016 5:22:52 PM | Posted in Commodities Reports read full news
Lead: Keep a close watch - Sharekhan

Lead

As can be seen from the adjacent chart, MCX Lead was rising in a channelised manner since the beginning of June. Toward the end of November, it blasted through the upper channel line and rallied. However, the base metal faced resistance near the upper end of the larger rising channel. After that, the bears pushed it down. MCX Lead then declin

13/12/2016 5:18:26 PM | Posted in Commodities Reports read full news
Sell MCX Gold February between 27700 – 27800, Stoploss – 28100, Target – 27200 / 27100 - Angel Commodities

MCX GOLD

MCX Gold Feb as seen in the weekly chart above has opened the week with gap down at 28,110 levels and at the starting of the week it made a weekly high of 28,166 levels. Later on as expected prices could not able to sustain on higher levels and corrected sharply towards new contract low of 27,531 levels. This week prices have closed below the

13/12/2016 12:14:11 PM | Posted in Commodities Reports read full news
We expect cotton prices to trade sideways - Angel Commodities

Sugar

Sugar Futures closed higher last week due to good demand from the market participants tracking international priced. However, good sugar productions this sugar season coupled with less demand from the stockists kept spot prices in check. The most-active March sugar contract closed 1.60% higher to settle at 3,625 per quintal.

Sugar prod

13/12/2016 10:35:10 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 closed higher by 0.4 percent after falling to their lowest in more than 10 months, as U.S. Treasury yields came off their highs and the U.S. dollar fell ahead of the Federal Reserve meeting.

The Fed is widely expected to hike interest rates for only the second

13/12/2016 10:34:57 AM | Posted in Commodities Reports read full news
Buy Crude Oil @ 3550 Target 3660 - Sushil Finance

Gold

Gold prices turned higher after falling to their lowest in more than 10 months on Monday, as U.S. Treasury yields came off their highs and the U.S. dollar fell ahead of the Federal Reserve meeting.

The Fed is widely expected to hike interest rates for only the second time in a decade at a two-day meeting that begins on Tuesday, with a st

13/12/2016 10:23:26 AM | Posted in Commodities Reports read full news
Gold trading range for the day is 27321-27855 - Kedia

Gold

Gold settled up by 0.33% at 27666 with U.S. Treasury yields coming off their highs and the U.S. dollar falling ahead of the start of a two-day Federal Reserve meeting. Prices earlier remained under pressure as U.S. Treasury yields rose after Donald Trump's election led to speculation that his commitment to infrastructure spending would spur gr

13/12/2016 10:00:11 AM | Posted in Commodities Reports read full news
Evening Update For 9th December 2016 - Angel Commodities

News and Analysis

* ECB extended its bond purchases to Dec’17.

* China's CPI and PPI add to positive data from the nation.

* LME Copper stocks down by 3.5 percent on Thursday.

European markets are trading higher as European Central Bank decided to extend its stimulus program till end of 2017. Asian markets are tr

Buy Natural Gas @ 245 Target 252 - Sushil Finance

Gold

Gold retreated into the red on Thursday after the dollar rebounded on the back of a decision by the European Central Bank to extend monthly asset purchases until next December albeit at a lower monthly level.

Gold turned lower as the market focused on the central bank's move to extend its quantitative easing program until the end of

9/12/2016 10:39:35 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 marginally by 0.29 percent to close at $1170.5 per ounce on stronger dollar as decision by the European Central Bank to extend monthly asset purchases until next December.

Gold turned lower as the market focused on the central bank's move to ext

9/12/2016 10:21:54 AM | Posted in Commodities Reports read full news
Silver trading range for the day is 41077-42087 - Kedia

Gold

Gold on MCX settled down -0.48% at 27777 after the ECB said it would taper its quantitative easing program next year. The ECB retained its asset purchases of EUR 80 billion a month until March next year, but decided to reduce the size beyond that point to EUR 60 billion a month till December 2017. However, as ECB President Mario Draghi gave his p

9/12/2016 10:05:49 AM | Posted in Commodities Reports read full news
Buy Copper between 380 – 385, Stoploss – 330, Target – 450 / 460 - Angel Commodities

MCX Copper

As clearly seen on the above monthly price chart of MCX Copper, we observed that last month prices have rallied sharply and made a high of 18th month high of 414.80 levels. Last month prices have breached the long term down trend line and now trading above it.

As per the technical chart structure prices are in positive trend follow

We expect MCX copper prices to trade lower-Angel Commodity

Bullion

Gold

On Wednesday, spot gold prices rose by 0.36 percent to close at $1173.9 per ounce , rebounding from this week's 10-month low as the dollar eased against the euro ahead of a European Central Bank meeting and on the view that a U.S. rate rise next week was already reflected in prices.

8/12/2016 11:04:28 AM | Posted in Commodities Reports read full news
Buy Silver @ 41700 Target 42500 - Sushil Finance

Gold

Gold extended its rise on Wednesday, rebounding from this week's 10- month low as the dollar eased against the euro ahead of a European Central Bank meeting and on the view that a U.S. rate rise next week was already reflected in prices.

In November, the yellow metal posted its biggest monthly fall in more than three years. The losin

8/12/2016 10:42:55 AM | Posted in Commodities Reports read full news
Gold trading range for the day is 27700-28130 - Kedia

Gold

Gold settled up by 0.3% at 27911  as a weaker dollar pushed investors to lock in gains on the metal’s recent decline. Several Fed policymakers have expressed confidence in the U.S. economy and signalled a possible near-term interest rate hike. Investors were also looking at European Central Bank's upcoming policy meeting on its quan

8/12/2016 10:24:07 AM | Posted in Commodities Reports read full news
Evening Update For 7th December 2016 - Angel Commodities

News and Analysis

* Factory orders in US the highest in 1-1/2 years in October

* US Fed Reserve meeting on 13-14th Dec is very crucial

European markets are trading higher owing to robust factory orders data from the US. Asian markets are trading higher and the US stock futures are trading in the green.

Spot gold prices are

Crude oil prices are expected to trade lower - Angel Commodities

Bullion

Gold

On Tuesday, spot gold prices declined marginally by 0.05 percent to close at $1169.6 per ounce as prices hovered near 10-month lows and the market braced for an increase in U.S. interest rates this month and anticipated more monetary tightening next year.

Recent upbeat U.S. data, includi

7/12/2016 11:40:12 AM | Posted in Commodities Reports read full news