Gold trading range for the day is 29922-30548 - Kedia Commodity

Gold

Gold on MCX settled up 0.69% at 30282 after the dollar tumbled on the back of weak U.S. jobs data and an unchanged growth and inflation outlook from the European Central Bank. The number of Americans filing for unemployment benefits jumped to its highest in more than two years last week amid a surge in applications in hurricane-ravaged Texas, send

8/09/2017 11:54:55 AM | Posted in Commodities Reports read full news
Buy Silver Dec 2017 @ 41550 SL 41250 TGT 41850-42100 - Kedia Commodity

GOLD

Gold on MCX settled up 0.69% at 30282 after the dollar tumbled on the back of weak U.S. jobs data and an unchanged growth and inflation outlook from the European Central Bank. The number of Americans filing for unemployment benefits jumped to its highest in more than two years last week amid a surge in applications in hurricane-ravaged Texas, send

8/09/2017 11:37:24 AM | Posted in Commodities Reports read full news
Copper prices are expected to trade higher today - Angel Commodities

Bullion

Gold

On Thursday, spot gold prices rose 1.13 percent to close at $1348.8 per ounce on account of weak dollar index and weak US jobs data coupled with unchanged growth and inflation outlook from the ECB.

The number of Americans filing for unemployment benefits jumped to its highest in more tha

8/09/2017 11:24:36 AM | Posted in Commodities Reports read full news
The crude oil prices retested resistance slope line in the daily chart - Enrich Commodities

CRUDE OIL

Crude Oil on 7th September 2017, Crude Oil September futures prices down by (-12) pts (-0.38%) closed at 3143, trading range between 3116 – 3161. Crude oil for October delivery on the New York Mercantile Exchange settled at $49.09 a barrel.

Crude oil prices dipped lower on Thursday, soon after data showed U.S. supplies of crud

8/09/2017 10:39:54 AM | Posted in Commodities Reports read full news
Gold prices tested resistance area which is a crucial technical level at $1360 - Enrich Commodities

GOLD

Gold on 7th September 2017, Gold prices up by (207) pts closed at 30282 trading range between 30055 - 30368 and December Comex Gold futures settled at $1350.30 division of the New York Mercantile Exchange.

Gold prices rose drastically on Thursday against a weaker dollar as the data revealed weakness in labor market. Gains were still limi

8/09/2017 10:34:35 AM | Posted in Commodities Reports read full news
Cotton trading range for the day is 19123-19603 - Kedia Commodity

Gold

Gold on MCX settled down -0.49% at 30075 in the line of expectation snapped a three-day win streak to finish lower after the White House and lawmakers reached a deal to extend the deadline on the federal government’s debt ceiling and as stocks recouped some of their losses from the previous session. The precious metal had rallied to start t

7/09/2017 12:30:15 PM | Posted in Commodities Reports read full news
Crude oil prices are expected to trade higher today - Angel Commodities

Bullion

Gold

On Wednesday, spot gold prices fell by 0.3 percent to close at $1333.8 per ounce but held steady near one year high levels supported by its safe haven appeal.

Besides, investor interest also remains robust given rising net longs in CFTC positions. SPDR Gold holdings fell 0.35 percent to

7/09/2017 11:41:12 AM | Posted in Commodities Reports read full news
Cotton futures are expected trade sideways to higher - Angel Commodities

Agri-Fundamentals

Soybean

NCDEX Soybean futures closed lower as September contract saw some fresh selling on Wednesday on reports of arrival of new season soybean in Madhya Pradesh. The condition of the standing crop is improving in MP and Maharashtra because of recent rains. However dry spells during prime po

7/09/2017 11:37:24 AM | Posted in Commodities Reports read full news
The crude oil price on the daily chart 50-day - Enrich Commodities

CRUDE OIL

Crude Oil on 6th September 2017, Crude Oil September futures prices up by (33) pts (1.06%) closed at 3155, trading range between 3120 – 3174. Crude oil for October delivery on the New York Mercantile Exchange settled at $49.16 a barrel.

Oil prices settled higher for a third day in a row on Wednesday, as the refinery activity r

7/09/2017 10:23:55 AM | Posted in Commodities Reports read full news
Gold price reacted as per the pattern defined and tested - Enrich Commodities

GOLD

Gold on 6th September 2017, Gold prices down by (148) pts closed at 30075 trading range between 30035 - 30286 and December Comex Gold futures settled at $1339 division of the New York Mercantile Exchange.

Gold prices dipped lower on Wednesday following the release of the news that President Donald Trump agreed to raise the debt ceiling a

7/09/2017 10:19:42 AM | Posted in Commodities Reports read full news
Buy Crude Oil (Oct) @ 3165 & Upto 3110 SL 2940 TGT 3430 - Choice Broking

CRUDE OIL

On the daily chart, MCX Crude Oil prices have given breakout above the upper band of the falling channel, which indicates the reversal of the prevailing bearish trend.

Moreover, on the daily chart, MCX Crude Oil prices have moved above its range-bound pattern with a decent volume, which indicates growing optimism among the long trad

Buy Gold Oct 2017 @ 30000 SL 29870 TGT 30150-30300 - Kedia Commodity

GOLD

Gold on MCX settled down -0.49% at 30075 in the line of expectation snapped a three-day win streak to finish lower after the White House and lawmakers reached a deal to extend the deadline on the federal government’s debt ceiling and as stocks recouped some of their losses from the previous session. The precious metal had rallied to start th

Soybean and Mustard seed futures closed higher - Angel Commodities

Agri Commodities

During the last month, Chana futures jumped more than 25% on expectation of good festival demand and government's import restriction on pulses. Moreover, erratic distribution of monsoon rains in key pulses growing states also support higher prices.

Guar futures surged higher for the second consecutive month in August on r

Jeera for Sep delivery contract heading for first weekly loss after two weeks - Angel Commodities

Below is the View On  Weekly Agri-Commodities by Mr. Ritesh Kumar Sahu (Fundamental Analyst– Agri Commodities, Angel Commodities Broking):

“Among agri-commodities, only Cardamom, Mentha, Chana and cotton trade on positive note while all other commodities are heading for weekly losses. Cardamom futures is heading for its 6th w

Cardamom trading range for the day is 1167.8-1205.8 - Kedia Commodity

Gold

Gold prices continued to soar in yesterday’s session gained $14.10 to settle at $1,344.50/oz, the highest since September 2016 hitting yearly highs amid geopolitical concerns and signs the Federal Reserve will relent on interest rate hikes. Markets were on edge amid reports that North Korea is moving ICBM missiles towards its West Coast in

6/09/2017 11:55:43 AM | Posted in Commodities Reports read full news
Sugar futures may trade sideways to higher - Angel Commodities

Agri-Fundamentals

Soybean

NCDEX Soybean futures closed lower mainly on profit booking by the market participants at higher levels. Moreover, weak spot demand above Rs. 3100 per quintal is also dragging the prices in futures as new crop is about to arrive in less than one month time. The total area under soybea

6/09/2017 11:39:18 AM | Posted in Commodities Reports read full news
Gold prices are expected to trade higher today - Angel Commodities

Bullion

Gold

On Tuesday, spot gold prices rose by 0.3 percent to close at $1338.4 per ounce as the U.S. dollar eased and safe-haven buying demand remained robust due to continued concerns over North Korea's nuclear tests.

The U.S dollar was also driven lower by a Federal Reserve official's co

6/09/2017 11:31:51 AM | Posted in Commodities Reports read full news
Crude prices will turn from negative to positive momentum with short term nature - Enrich Commodities

CRUDE OIL

Crude Oil on 5th September 2017, Crude Oil September futures prices up by (73) pts (2.39%) closed at 3122, trading range between 3043 – 3142. Crude oil for October delivery on the New York Mercantile Exchange settled at $48.66 a barrel.

Crude futures rose higher on Tuesday, as the refinery activity slowly resumed on the Gulf C

6/09/2017 10:26:23 AM | Posted in Commodities Reports read full news