We expect Cotton Jun contract to trade higher - Angel Commodities

Cotton

* MCX cotton closed lower the last week, which is third weekly loss in 4 weeks on reports of good monsoon, higher prevailing prices of cotton and rapid progress of cotton planting in north India put pressure on prices.

* As per latest data from Agricultural Ministry, cotton is planted in the country reaches 14.1 lakh hectares (l ha) t

12/06/2017 3:59:14 PM | Posted in Commodities Reports read full news
Sell MCX Silver July between 40,400-40,600, SL-41,100, Target-38900/38700 - Angel Commodities

MCX GOLD Aug (CMP – 29,019 / $ 1265.90)

MCX Gold Aug as seen in the weekly chart above has opened the week with gap up at 29,204 levels and at the starting of the week it made a weekly high of 29,585 levels. Later on prices could not able to sustain on higher levels and corrected sharply and made a weekly low of 28,905 levels. This week prices ha

12/06/2017 3:55:23 PM | Posted in Commodities Reports read full news
We expect crude oil prices to trade positive - Sushil Finance

Gold

Gold prices fell about 1 percent on Friday as the dollar strengthened while palladium leapt more than 7 percent as a surge in speculative demand forced industrial users to close out short positions, traders said.

The backwardation in the market - a formation in the forward curve in which the price of metal for future delivery is below t

12/06/2017 12:16:29 PM | Posted in Commodities Reports read full news
Naturalgas trading range for the day is 193.7-199.1 - Kedia Commodity

Gold

Gold on MCX settled down -0.38% at 29019 as the dollar strengthened despite a market fraught with the type of political drama that would ordinarily have offered a boost to precious metals. Pressure also seen after British elections failed to deliver a clear majority for Prime Minister Theresa May, knocking the pound sharply lower and helping lift

12/06/2017 11:48:17 AM | Posted in Commodities Reports read full news
Crude oil prices are expected to trade higher today - Angel Commodities

Bullion

Gold

Last week, Spot gold prices declined 1.1 percent to close at $1265.9/oz, while MCX gold prices rose by 0.1 percent to close at Rs.29127 per 10 gms.

Gold prices fell from a near seven month highs on account of stronger dollar nd after a written testimony by a former FBI director to the U.

12/06/2017 11:22:09 AM | Posted in Commodities Reports read full news
Cotton futures are expected to trade higher - Angel Commodities

Agri-Fundamentals

Soybean

Soybean Jun futures falls close to 2% on Friday on good sowing progress in the current kharif crop but closed higher for the week on expectation that the Minimum Support Prices (MSP) for soybean may increase by Rs. 175 per quintal to Rs. 2,950. As per Agmarknet data, arrivals of soyb

12/06/2017 11:04:16 AM | Posted in Commodities Reports read full news
Buy Crude oil above 2986 Target 3000-3020 Stop loss at 2960 - Enrich Commodities

CRUDE OIL

Crude Oil on Friday 9th June 2017, Crude Oil June futures prices up by 14 pts (0.48%) closed at 2959, trading range between 2910-2974 On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $45.91 a barrel.

Crude oil futures closed lower last week with the markets being

12/06/2017 10:13:06 AM | Posted in Commodities Reports read full news
Sell Gold August contract below 29020-29050 Target 28920-28850 Stop loss at 29100 - Enrich Commodities

GOLD

Gold on Friday 9th June 2017, Gold prices down by 112 pts closed at 29019 trading range between 28905-29101 and June Comex Gold futures closed at $1269.45 division of the New York Mercantile Exchange.

Gold futures fell last week in reaction to a recovery in the U.S. Dollar. The dollar was supported by a series of events – the testi

12/06/2017 9:59:17 AM | Posted in Commodities Reports read full news
Crudeoil trading range for the day is 2878-3010 - Kedia Commodity

Gold

Gold on MCX settled down -1.05% at 29131 to their lowest in a week as stocks rallied despite dramatic testimony from former FBI director James Comey, who accused President Donald Trump of lying and defaming him. Comex Gold prices were unable to hold above $1,290 and dipped there was some downward pressure late in the session as written evidence f

9/06/2017 10:52:21 AM | Posted in Commodities Reports read full news
We expect silver prices to trade sideways - Sushil Finance

Gold

Gold prices extended losses into a second session on Thursday as the dollar strengthened and as investors viewed the testimony from former U.S. FBI director James Comey as containing no significant surprises.

Investors still await the outcome of Britain's national election and opinion polls on the eve of the election showed Theresa M

9/06/2017 10:31:38 AM | Posted in Commodities Reports read full news
Sugar futures may trade sideways - Angel Commodities

Agri-Fundamentals

Soybean

Soybean Jun futures continue to trade higher on Thursday on expectation that the Minimum Support Prices (MSP) for soybean may increase by Rs. 175 per quintal to Rs. 2,950 and lower arrivals in the physical market. As per Agmarknet data, arrivals of soybean during the first 7 days of

9/06/2017 10:14:57 AM | Posted in Commodities Reports read full news
Gold prices are expected to trade sideways today - Angel Commodities

Bullion

Gold

On Thursday, spot gold prices fell 0.6 percent to $1278.5/oz as testimony from former U.S. FBI director James Comey provided no major revelation, hurting the safe haven asset.

In his testimony yesterday, Comey told the Senate Intelligence Committee he believed President Donald Trump had

Evening Update For 8th June 2017 - Angel Commodities

News and Analysis

* Investors play safe ahead of Britain’s elections.

* Chinese trade balance fell to 282 Billion Yuan in May’17.

* LME Copper stocks plunged by 2.7 percent on Wednesday.

European markets are trading higher today but sharp movements were avoided ahead of Britain’s elections and ECB confer

Sell Crude Oil below at 2950 Target 2900-2875 Stop loss 2986 - Enrich Commodities

CRUDE OIL

Crude Oil on Wednesday 7th June 2017, Crude Oil June futures prices down by 124 pts (-4.01%) closed at 2966, trading range between 2954-3111 On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $45.72 a barrel.

A weekly report from the Energy Information Administratio

8/06/2017 11:18:54 AM | Posted in Commodities Reports read full news
Sell Gold August contract Rise on 29500 Target 29400-29350 Stop loss at 29550 - Enrich Commodities

GOLD

Gold on Wednesday 7th June 2017, Gold prices down by 127 pts closed at 29440 trading range between 29388-29544 and June Comex Gold futures closed at $1293.20 division of the New York Mercantile Exchange.

August Comex Gold futures are trading slightly lower after yesterday’s strong surge that brought the market to just under its Apr

8/06/2017 11:12:01 AM | Posted in Commodities Reports read full news
Silver trading range for the day is 40207-40963 - Kedia Commodity

Gold

Gold on MCX settled down -0.43% at 29440 id stronger dollar and after a written testimony by a former FBI director to the U.S. Senate was seen as containing few surprises. Pressure seen after a written testimony by former FBI director James Comey ahead of his Congressional appearance was seen containing few fireworks, as investors also braced up

8/06/2017 11:03:13 AM | Posted in Commodities Reports read full news
We expect gold prices to trade sideways - Sushil Finance

Gold

Gold prices fell from near seven-month highs on a stronger dollar and after a written testimony by a former FBI director to the U.S. Senate was seen as containing few surprises, but declines were limited as uncertainty from the UK election remained.

Former Federal Bureau of Investigation Director James Comey said U.S. President Donald T

8/06/2017 10:39:06 AM | Posted in Commodities Reports read full news
We expect MCX copper prices to trade sideways today - Angel Commodities

Bullion

Gold

On Wednesday, spot gold prices fell from a near seven month highs on account of stronger dollar after a written testimony by a former FBI director to the U.S. Senate was seen as containing few surprises, but declines were limited as uncertainty from the UK election remained.

Former Fede

8/06/2017 10:07:34 AM | Posted in Commodities Reports read full news
We expect Ref Soy oil and CPO futures to trade sideways - Angel Commodities

Agri-Fundamentals

Soybean

Soybean Jun futures continue to trade higher on Wednesday due to drastic reduction in soybean arrivals in the physical markets in Madhya Pradesh due to agitation by the farmers. As per Agmarknet data, arrivals of soybean during the first 7 days of June drop by 78% to 16,850 tonnes a

Evening Update For 7th June 2017 - Angel Commodities

News and Analysis

* Markets cautious ahead of Britain’s parliamentary elections.

* LME Copper stocks plunged by 1.8 percent on Tuesday.

* UK’s Halifax HPI gained 0.4 percent in May’17.

European markets are trading mixed today ahead of uncertain Britain elections and ECB press conference due Thursday. Asi