BuyY Gold MCX oct 2017 @ 29500 Sl 29380 Tgt 29640-29800 - Kedia

GOLD

Gold on MCX settled up 1.15% at 29503 as the dollar weakened and the euro powered ahead after the head of the European Central Bank refrained from talking down the single currency at a high-profile meeting of central bankers. At the meeting in Jackson Hole in the United States, the ECB's Mario Draghi said the bank's ultra-loose monetary p

29/08/2017 9:20:25 AM | Posted in Commodities Reports read full news
Buy Silver (Dec) @ 39825 & Upto 39400 SL 38794 TGT 41300 - Choice Broking

SILVER

In the daily chart of MCX Silver, an Inverse Head & Shoulder has formed and prices have sustained above the neckline of the said pattern, which is a bullish set up.

Moreover, MCX Silver prices have moved above 61.80% retracement level (pegged at 38765, it’s a level where the bulls generally get back in the market) of previous

28/08/2017 4:17:29 PM | Posted in Commodities Reports read full news
Menthaoil trading range for the day is 1152.7-1201.5 - Kedia Commodity

Gold

Gold firmed after U.S. Federal Reserve Chair Janet Yellen made no mention of monetary policy in her much-anticipated speech. U.S. short-term interest rate futures rose slightly, reflecting reduced expectations that the Fed will raise interest rates further this year, after Yellen skipped mention of it when speaking in Jackson Hole, Wyoming. Dalla

28/08/2017 12:29:28 PM | Posted in Commodities Reports read full news
Oil futures still remain on the defensive despite onset of Tropical storm Harvey in US - IIFL

Commodities

Gold prices strengthened, as ECB and Fed did not allude to the pocess of policy normalisation at the Jackson Hole summit. Meanwhile, Dallas Federal Reserve Bank President Robert Kaplan opined that the central bank should maintain patience on hiking interest rates given the slowing trend in inflation, however, expressed that there should be

28/08/2017 12:14:09 PM | Posted in Commodities Reports read full news
Crude oil prices are expected to trade higher today - Angel Commodities

Bullion

Gold

Spot gold prices traded higher by 0.5 percent last week to close at $1291 per ounce while MCX gold prices closed flat at Rs.29287 per 10 gms.

The U.S. dollar index fell in a generally risk-averse market after U.S. President Donald Trump's threat of a government shutdown and comments

28/08/2017 11:55:43 AM | Posted in Commodities Reports read full news
Buy Silver Sep 2017 @ 39000 SL 38720 TGT 39360-39640 - Kedia Commodity

GOLD

Gold firmed after U.S. Federal Reserve Chair Janet Yellen made no mention of monetary policy in her much-anticipated speech. U.S. short-term interest rate futures rose slightly, reflecting reduced expectations that the Fed will raise interest rates further this year, after Yellen skipped mention of it when speaking in Jackson Hole, Wyoming. Dallas

28/08/2017 11:20:47 AM | Posted in Commodities Reports read full news
Crude oil prices very crucial place which means heavy density of narrow range - Enrich Commodities

Crude Oil

Crude Oil on 25th August 2017, Crude Oil August futures prices up by (17) pts (0.56%) closed at 3058, trading range between 3041 – 3073. Crude oil for September delivery on the New York Mercantile Exchange settled at $47.87 a barrel.

Crude futures traded higher on Friday, even though doubts that Hurricane Harvey could upset re

28/08/2017 9:07:54 AM | Posted in Commodities Reports read full news
Gold prices hit a session high of $1,299.40 - Enrich Commodities

GOLD

Gold on 25th August 2017, Gold prices up by (68) pts closed at 29167 trading range between 28777 - 29224 and December Comex Gold futures settled at $1297.90 division of the New York Mercantile Exchange.

Gold prices edged towards $1,300 buoyed by falling expectations of U.S. monetary policy tightening later this year, after Janet Yellen f

28/08/2017 9:05:07 AM | Posted in Commodities Reports read full news
Gold traded flat despite less trading volumes as traders - Enrich Commodities

Gold

Gold on 24th August 2017, Gold prices down by (-65) pts closed at 29099 trading range between 29046 - 29182 and December Comex Gold futures settled at $1292 division of the New York Mercantile Exchange.

Gold traded flat despite less trading volumes as traders awaited inputs on monetary policy from a central banking symposium in Jackson

26/08/2017 10:41:45 AM | Posted in Commodities Reports read full news
Crude oil has formed Symmetrical Triangle Pattern -Enrich Commodities

Crude Oil

Crude Oil on 24th August 2017, Crude Oil August futures prices down by (-66) pts (-2.12%) closed at 3041, trading range between 3024 – 3111. Crude oil for September delivery on the New York Mercantile Exchange settled at $47.43 a barrel.

Crude futures dipped lower on Thursday, as Tropical Storm Harvey looks ready to hit the re

26/08/2017 10:39:44 AM | Posted in Commodities Reports read full news
Buy Gold @ 29050 Stoploss 28950 Target 75 CMP  29180-29300 - Kedia Commodity

Gold

On MCX settled up 0.2% at 29164 recouping much of the decline suffered in the previous session, as a wobbly dollar and losses in U.S. equities. Overnight, gold prices rose as US political uncertainty resurfaced, after President Donald Trump threatened to ‘close down’ the government, sparking fresh fears that continued political uncerta

24/08/2017 3:38:57 PM | Posted in Commodities Reports read full news
Gold prices are hovering US$1,3../oz mark, - IIFL Ltd

Gold :

Gold prices are hovering US$1,3../oz mark, as investors look forward to remarks from ECB Chief Mario Daraghi and Fed Chair Janet yellen at the Jackson Hole central banking sumposium tomorrow. There is a perception that both the central bankers could express concerns about slowing inflation, which in a way could lend an element of support to the

24/08/2017 1:40:36 PM | Posted in Commodities Reports read full news
MCX Crude and expect a correction towards 2850 levels - Choice Broking

MCX Gold (Oct) Daily Chart CMP: 29164

On the daily chart, MCX Gold prices have given breakout of a falling wedge. Moreover, on the daily chart, COMEX Gold prices have sustained above its previous peak of $1280.30. Furthermore, prices have been sustaining above its 21 EMA on the hourly chart. In addition, momentum indicator RSI is in positive crossover

24/08/2017 1:02:38 PM | Posted in Commodities Reports read full news
Silver trading range for the day is 38741-39311 - Kedia Commodity

Gold

On MCX settled up 0.2% at 29164 recouping much of the decline suffered in the previous session, as a wobbly dollar and losses in U.S. equities. Overnight, gold prices rose as US political uncertainty resurfaced, after President Donald Trump threatened to ‘close down’ the government, sparking fresh fears that continued political uncert

24/08/2017 11:41:37 AM | Posted in Commodities Reports read full news
Cotton futures are expected trade sideways to higher - Angel Commodities

Agri-Fundamentals

Soybean

NCDEX Soybean October futures continue to trade higher on Wednesday to their 10 month high on good physical demand and reports of deficient rains in soybean planting districts of Madhya Pradesh and Maharashtra. Moreover, as per SOPA survey, soybean area may drop 6.4% over last year a

24/08/2017 11:11:28 AM | Posted in Commodities Reports read full news
The gold current trend may reverse towards $1283-1272 - Enrich Commodities

GOLD

Gold on 23rd August 2017, Gold prices up by (59) pts closed at 29164 trading range between 29074 - 29214 and December Comex Gold futures settled at $1294.70 division of the New York Mercantile Exchange.

Gold prices settled higher on Wednesday, after President Donald Trump made a statement that he would close down the government which led

24/08/2017 10:24:06 AM | Posted in Commodities Reports read full news
Aluminium trading range for the day is 130.9-133.1 - Kedia Commodity

Gold

Gold on MCX settled down -0.61% at 29105 fell as strength in the dollar pressured the precious metal into giving back all of the previous session’s gains and then some. Meanwhile traders continue to gear up for the meeting of global central bankers at Jackson Hole, Wyoming later in the week. The Jackson Hole symposium will be highlighted by

23/08/2017 11:38:52 AM | Posted in Commodities Reports read full news