Sell Gold Below at 28500 Target 28400-28200 Stop loss at 28560 - Enrich Commodities

GOLD

Gold on Wednesday 18th Jan 2017, Gold prices up by 53 pts (+0.18%) & closed at 28791 trading range between 28675-28825 and Gold for February delivery settled at $1,212.10 on the Comex division of the New York Mercantile Exchange.

In Wednesday speech, Yellen said she expects interest rates to rise a few times a year until the end of 2

19/01/2017 11:11:45 AM | Posted in Commodities Reports read full news
We expect MCX copper prices to trade sideways - Angel Commodities

Bullion

Gold

On Wednesday, spot gold prices declined by 1.06 percent to close at $1203.5 per ounce as prices declined from previous day's eight-week high as data showing the biggest pick-up in U.S. consumer prices in 2- 1/2 years lifted the dollar and U.S. Treasury yields.

Moves were muted howe

19/01/2017 10:25:46 AM | Posted in Commodities Reports read full news
Buy Crude Oil around 3500 target 3530-3550 stop loss 3480 - Enrich Commodities

CRUDEOIL

Crude Oil on Wednesday 18th Jan 2016, Crude Oil Feb futures prices dropped at 90pts (-2.46%) closed at 3571 trading range between 3560-3656. On the New York, Mercantile Exchange, crude oil for delivery in February down to end at $51.08 a barrel by close.

The American Petroleum Institute said late Wednesday crude oil inventories dropp

19/01/2017 10:16:00 AM | Posted in Commodities Reports read full news
Sell Gold @ 28850 Target 28600 - Sushil Finance

Gold

Gold retreated on Wednesday from the previous day's eight-week high as data showing the biggest pick-up in U.S. consumer prices in 2-1/2 years lifted the dollar and U.S. Treasury yields.

Moves were muted however as the markets awaited a speech by Federal Reserve chair Janet Yellen later in the session, which will be closely watched f

19/01/2017 10:08:18 AM | Posted in Commodities Reports read full news
Silver trading range for the day is 41295-42437- Kedia

Gold

Gold on MCX settled up 0.18% at 28791 as prices pared some of its gains as data showing the biggest pick-up in U.S. consumer prices in 2-1/2 years lifted the dollar and U.S. Treasury yields. With the U.S. economy close to full employment and inflation headed toward the Federal Reserve's 2 percent goal, it "makes sense" for the U.S.

19/01/2017 9:48:37 AM | Posted in Commodities Reports read full news
Evening Update For 18th January 2017 - Angel Commodities

News and Analysis

* US President Inauguration on 20th Jan’17 will be closely watched.

* Oil output cut commitment by Saudi creates good sentiments in oil markets.

* LME Copper stocks down by 0.5 percent on Tuesday.

European stocks are trading higher as UK PM Theresa May stated that the exit from the EU would be &ldqu

18/01/2017 5:15:28 PM | Posted in Commodities Reports read full news
Sell Natural Gas @ 233 Target 225 - Sushil Finance

Gold

Gold jumped more than 1 percent to an eight-week high on Tuesday as stocks and the dollar fell after U.S. President-elect Donald Trump said the greenback was "too strong" and British Prime Minister Theresa May promised a parliamentary vote on Brexit.

In an article in the Wall Street Journal, Trump said the strength of the U.S.

18/01/2017 11:01:34 AM | Posted in Commodities Reports read full news
We expect MCX copper prices to trade higher - Angel Commodities

Bullion

Gold

On Tuesday, spot gold prices rose by around 1.14 percent to an eightweek high as stocks and the dollar fell after U.S. President-elect Donald Trump said the greenback was "too strong" and British Prime Minister Theresa May promised a parliamentary vote on Brexit.

Sterling logge

18/01/2017 10:46:20 AM | Posted in Commodities Reports read full news
Cotton trading range for the day is 19703-20183 - Kedia

Gold

Gold on MCX settled up 0.73% at 28738 in the line of expectation tracking firmness from Comex Gold which settled at their highest level since mid-November on Tuesday rose nearly $16.70 to settle at $1,212.90 an ounce after trading as high as $1,218.90. The settlement was the highest since Nov. 17, as support also seen after the nervousness surroun

18/01/2017 10:36:05 AM | Posted in Commodities Reports read full news
Sell Crude Oil Below at 3535 target 3505 -3485 stop loss 3550 - Enrich Commodities

CRUDE OIL

Crude Oil on Tuesday 17th Jan 2016, Crude Oil futures rose slightly at 16pts (+0.45%) closed at 3595 trading range between 3557-3636. On the New York, Mercantile Exchange, crude oil for delivery in February rose 0.11% to end at $52.54 a barrel by close, crude oil prices moved higher on Tuesday as a weaker dollar paved the way for higher price

18/01/2017 10:24:33 AM | Posted in Commodities Reports read full news
Buy Gold dips on 28680-28705 Target 28775-28850 Stop loss 28650 - Enrich Commodities

GOLD

Gold on Tuesday 17th Jan 2017, Gold prices up by 209 pts (+0.73%) & closed at 28738 trading range between 28571-28776 and Gold for February delivery settled at $1,212.90 on the Comex division of the New York Mercantile Exchange.

Gold prices moved higher as the dollar dropped, as UK inflation hit a 2.5 year high generating higher infl

18/01/2017 10:16:51 AM | Posted in Commodities Reports read full news
Evening Update For 17th January 2017 - Angel Commodities

News and Analysis

* UK’s PM speech due today to be the centre of focus.

* Oil output cut commitment by Saudi creates good sentiments in oil markets.

* LME Copper stocks down by 0.6 percent on Monday.

European stocks are trading lower as investors remained cautious ahead of UK PM Theresa May’s speech. Asian mar

17/01/2017 4:59:39 PM | Posted in Commodities Reports read full news
Copper trading range for the day is 395.6-408.2 - Kedia

Gold

Gold on MCX settled up 0.53% at 28529 tracking firmness from Comex Gold which touched their highest level in about eight weeks rallied as the safety play was helped by fresh worries about both President-elect Donald Trump and Brexit. Gold briefly touched an eight-week high of just shy of $1,210 per troy ounce as the new week of trading gets underw

17/01/2017 11:24:15 AM | Posted in Commodities Reports read full news
Buy Crude Oil dips on 3550 Target 3580-3600 Stop loss 3535 - Enrich Commodities

CRUDE OIL

Crude Oil on Monday 16th Jan 2016, Crude Oil futures edged lower at 7 pts (-0.20%) closed at 3579 trading range between 3552-3596. On the New York, Mercantile Exchange, crude oil for delivery in February rose 31% to end at $52.37 a barrel by close of trade in meager volume due to the Martin Luther King Day holiday in the United States.

17/01/2017 10:31:15 AM | Posted in Commodities Reports read full news
Gold prices to trade higher today - Angel Commodities

Bullion

Gold

Gold prices rose by 0.5 percent on Monday, buoyed by safe-haven demand due to uncertainty over U.S. policy ahead of President-elect Donald Trump's inauguration and amid concerns over Britain's exit from the European Union.

Last week, spot gold prices rose by 2.1 percent to close

17/01/2017 10:12:55 AM | Posted in Commodities Reports read full news
Buy Gold dips on 28510 Target 28650-28750 Stop loss 28400 - Enrich Commodities

GOLD

Gold on Monday 16th Jan 2017, Gold prices up by 149 pts (+0.53%) & closed at 28529 trading range between 28450-28607 and Gold for February delivery settled at $1,196.20 on the Comex division of the New York Mercantile Exchange. Gold buying is pretty strong given the U.S. holiday.

Gold rose on Monday, buoyed by safe-haven demand due t

17/01/2017 9:41:37 AM | Posted in Commodities Reports read full news
We expect gold prices to trade higher towards - Angel Commodities

Gold

* Last week, spot gold prices rose by 2.1 percent to close at $1197.3 per ounce to its highest in seven weeks as the dollar fell after U.S. President-elect Donald Trump's long-awaited news conference gave few details on economic policy.

* However, gold's revival since mid-December may be running out of steam as the dollar was li

16/01/2017 5:07:32 PM | Posted in Commodities Reports read full news
Evening Update For 16th January 2017 - Angel Commodities

News and Analysis

 UK’s PM speech due tomorrow to be in focus this week.

 Oil output cut creates good sentiments in oil markets

 LME Copper stocks down by 1 percent on Friday.

European stocks are trading lower ahead of the ECB Press Conference due later this week. Asian markets are trading on a weak note an

16/01/2017 4:50:08 PM | Posted in Commodities Reports read full news
Cotton market Highlights - Kedia

Cotton market Highlights

•          Globally cotton traded firm because of supply shortage, the expectation of reduced supply from India has added to the positive sentiment.

•          Reduced in supply from India was purely due to demonetisation as Cotton farmers were not bringing t

16/01/2017 4:18:56 PM | Posted in Commodities Reports read full news
Buy Silver @ 40700 Target 41200 - Sushil Finance

Gold

The price of gold turned higher on Friday, hovering below the prior session's seven-week top as the U.S. dollar weakened and U.S. Treasury yields came off their highs, with the metal on track for a third straight weekly gain.

The greenback and yields were initially higher on the back of strong U.S. retail sales, which reinforced the

16/01/2017 11:09:27 AM | Posted in Commodities Reports read full news
Crudeoil trading range for the day is 3531-3657 - Kedia

Gold

Gold prices settled flat as strong US retail sales drove the dollar and US bond yields higher, with the metal on track for a third straight weekly gain. The greenback and yields were initially higher on the back of strong U.S. retail sales, which reinforced the prospect of the Federal Reserve raising rates this year, perhaps sooner than previously

16/01/2017 10:56:39 AM | Posted in Commodities Reports read full news
We expect MCX copper prices to trade higher - Angel Commodities

Bullion

Gold

Last week, spot gold prices rose by 2.1 percent to close at $1197.3 per ounce to its highest in seven weeks as the dollar fell after U.S. President-elect Donald Trump's long-awaited news conference gave few details on economic policy.

However, gold's revival since mid-December ma

16/01/2017 10:47:29 AM | Posted in Commodities Reports read full news