Copper, Lead and Zinc hit 3-month lows on Tuesday - Reliance Sec

OUTLOOK

In the base metal futures market, the most traded Copper April contract on the MCX is trading at Rs.363.20/Kg on Wednesday morning of 11:31 AM. OI of Copper April contract rose by 13.27% on Tuesday.

London copper held close to its weakest since January on Wednesday, on concerns China's&

19/04/2017 5:20:22 PM | Posted in Commodities Reports read full news
Natural gas prices ended lower on Tuesday - Reliance Sec

CRUDE OIL

oil rices fell on tuesday then slid more in post settlement trade after an industry group reported that U.S. crude stockiles fell less than expected in the latest week while gasoline stockpiles grew unseasonably

The American Petroleum Institute released its weekly data which indicated that crude stockpiles declined less than analyst

19/04/2017 2:25:07 PM | Posted in Commodities Reports read full news
The Gold June contract open interest rose by 1.35% - Reliance Sec

OUTLOOK

In the bullion futures market, the most traded Gold June contract on the MCX ended at Rs.29514/10gms. May Silver ended at Rs.42187/Kg on Monday. 

The Gold June contract open interest rose by 1.35% from the previous day.  Volumes of Gold June contract also rose by 30.44% from

19/04/2017 11:21:10 AM | Posted in Commodities Reports read full news
Buy Crude Oil above 3415 Target 3430-3460 Stop loss at 3390 - Enrich Commodities

CRUDEOIL

Crude Oil on Tuesday April 2017, Crude Oil April futures prices closed flat by 0 pts (-0.00%) closed at 3399, trading range between 3370-3413. On the New York, Mercantile Exchange, Crude oil for May delivery on the New York Mercantile Exchange to settle at $52.41 a barrel.

U.S. crude stocks fell a less-than-expected 840,000 barrels a

19/04/2017 11:07:18 AM | Posted in Commodities Reports read full news
Buy Natural Gas @ 202 Target 207 - Sushil Finance

Gold

Gold turned higher on Tuesday, nearing the prior session's five-month peak, bolstered by a softer dollar, lower U.S. Treasury yields, North Korea tensions and nervousness ahead of the French presidential election.

May's call added to a lengthening list of uncertainties for investors already on edge over geopolitical tensions that

19/04/2017 10:59:08 AM | Posted in Commodities Reports read full news
Crudeoil trading range for the day is 3348-3438 - Kedia

Gold

Gold on MCX settled up 0.29% at 29514 supported by a weaker dollar, geopolitical concerns about North Korea and nervousness ahead of the French presidential election. The dollar index was hovering near a three-week low on disappointing U.S. housing starts data and nervousness over trade talks between the United States and Japan. The International

19/04/2017 10:29:37 AM | Posted in Commodities Reports read full news
Evening Update For 18th April 2017 - Angel Commodities

News and Analysis

* Theresa May will seek an early election on June 8.

* US, UK markets resume after Easter Holiday.

* LME Copper stocks stand at 255,425 tonnes.

European markets are trading lower as major global markets returned amidst uncertain geopolitical events after Easter holiday. Asian markets are trading mixed an

18/04/2017 5:17:46 PM | Posted in Commodities Reports read full news
We expect MCX copper prices to trade higher today - Angel Commodities

Bullion

Gold

On Monday, spot gold prices declined marginally by 0.07 percent to close at $1284.3 per ounce losing steam as U.S. Treasury yields turned higher and the dollar came off its lows, after rising geopolitical tensions over North Korea spurred earlier safe-haven buying in bullion.

North Korea

18/04/2017 12:39:19 PM | Posted in Commodities Reports read full news
Base metals on MCX were trading mixed on Tuesday morning - Reliance Sec

OUTLOOK

In the base metal futures market, the most traded Copper April contract on the MCX is trading at Rs.368.95/Kg on tuesday morning of 11:03 AM. OI of Copper April contract fell by 10.43 on Monday 

London base metals will reopen in the next hour so and could open firm, tracking gains in the Shanghai metal markets

Base meta

18/04/2017 12:26:30 PM | Posted in Commodities Reports read full news
Crude oil prices were mixed in thin trading on Tuesday - Reliance Sec

OUTLOOK-CRUDE OIL AND NATURAL GAS

Crude oil prices were mixed in thin trading on Tuesday morning in Asian trade after the Easter holiday break shut many markets for as long as four days and a U.S. government report indicated rising production, which may keep a cap on prices after recent gains.

In the domestic crude futures market, the mo

18/04/2017 12:07:07 PM | Posted in Commodities Reports read full news
Sell Crude Oil Rise on at 3400-3410 Target 3375-3340 Stop loss at 3435 - Enrich

CRUDEOIL

Crude Oil on Monday April 2017, Crude Oil April futures prices down by 21 pts (-0.61%) closed at 3399, trading range between 3393-3432. On the New York, Mercantile Exchange, Crude oil for May delivery on the New York Mercantile Exchange to settle at $52.65 a barrel.

Monday as speculators took profits after a recent 15-day rally. Trad

18/04/2017 11:08:21 AM | Posted in Commodities Reports read full news
Buy Crude Oil @ 3370 Target 3460 - Sushil Finance

Gold

Gold pared gains from a five-month high on Monday, losing steam as U.S. Treasury yields turned higher and the dollar came off its lows, after rising geopolitical tensions over North Korea spurred earlier safe-haven buying in bullion.

U.S. stocks rose after three straight days of losses.

North Korea on Sunday made what was belie

18/04/2017 11:02:54 AM | Posted in Commodities Reports read full news
Indian bullion prices weak overseas prices - Reliance Sec

Gold

Gold pared gains from a five Monday, losing steam as U.S. Treasury yields turned higher and the dollar came off its lows, after rising geopolitical tensions over North Korea spurred earlier safe bullion. Spot silver an ounce after touchin $18.649.

The yellow metal gave up most of its gains as the Dollar came off a five the yen hit earlie

18/04/2017 10:41:15 AM | Posted in Commodities Reports read full news
Gold trading range for the day is 29315-2954 - Kedia

Gold

Gold on MCX settled up 0.07% at 29430 while traded in the range as some global markets, including the U.S., returned from the Easter holiday weekend and others remained closed Monday, metals markets responded to the geopolitical events. Gold continue to push higher, amid concerns that tensions between North Korea and the U.S. may soon escalate. W

18/04/2017 10:32:29 AM | Posted in Commodities Reports read full news
Evening Update For 17th April 2017 - Angel Commodities

News and Analysis

* Geo-political tensions remains high in global markets

* US,UK markets shut down on account of Easter Holiday

Gold prices are trading higher today by 0.34 percent at $1289 per ounce while MCX gold prices are also trading higher by 0.11 percent at Rs.29444 per 10 gms. Geopolitical tensions continue to haunt investors whil

17/04/2017 5:15:14 PM | Posted in Commodities Reports read full news
We expect crude oil prices to trade sideways - Sushil Finance

Gold

Gold prices eased from five-month highs on Thursday as the dollar rebounded from a slide triggered by comments from U.S. President Donald Trump that the greenback was too strong and that he would prefer the Federal Reserve keep interest rates low.

The metal was up about 2.6 percent on the week, on track for its biggest weekly gain since

17/04/2017 11:14:48 AM | Posted in Commodities Reports read full news
Buy Crude Oil above at 3400-3390 Target 3425-3450 stop loss at 3385 - Enrich Commodities

Crude Oil

Crude Oil on Thursday April 2017, Crude Oil April futures prices down by 24 pts (-0.70%) closed at 3420, trading range between 3442-3410. On the New York, Mercantile Exchange, Crude oil for May delivery on the New York Mercantile Exchange to settle at $53.18 a barrel.

Crude Oil market rallied during the week, but gave back quite a b

17/04/2017 10:54:11 AM | Posted in Commodities Reports read full news
Buy Gold Dips on 29300-29350 Target 29460-29600 Stop loss 29225 - Enrich Commodities

Gold

Gold, June month contract prices up by 180 points & closed at 29409 trading range between 28291-29433 and Comex Gold futures closed at $1289.85 division of the New York Mercantile Exchange.

Safe-haven buying and comments from U.S. President Donald Trump helped drive gold prices higher last week. The strong close and the possibility o

17/04/2017 10:40:18 AM | Posted in Commodities Reports read full news
Silver trading range for the day is 42129-42915 - Kedia Commodity

Gold

Gold on MCX settled up 0.62% at 29409 as concerns over North Korea and the Middle East sent investors scurrying for the safety of bullion and the dollar wilted. The metal stayed on track for its best week since June, however, as concerns over tensions in North Korea and the Middle East kept stock markets under pressure. While the dollar pulled bac

17/04/2017 10:09:31 AM | Posted in Commodities Reports read full news