Evening Update For 13th April 2017 - Angel Commodities

News and Analysis

* Crude oil inventories still remain high in the US

* Trump says dollar remains strong, interest rates should remain low

 

European stocks are trading lower today on account of risk aversion, Asian markets ended red and the US stock futures are trading in the red.

Gold prices are trading hi

13/04/2017 5:12:23 PM | Posted in Commodities Reports read full news
Buy Crude Oil above at 3405-3395 Target 3433-3460 stop loss at 3388 - Enrich Commodities

Crude Oil

Crude Oil on Wednesday 12th April 2017, Crude Oil April futures prices down by 4 pts (-0.12%) closed at 3444, trading range between 3432-3478.On the New York, Mercantile Exchange, Crude oil for May delivery on the New York Mercantile Exchange to settle at $53.11 a barrel.

Crude prices fell down on profit-taking despite dollars&rsquo

13/04/2017 12:55:02 PM | Posted in Commodities Reports read full news
We expect gold prices to trade positive - Sushil Finance

Gold

Gold steadied on Wednesday after hitting a five-month peak as the dollar reversed losses and political tensions simmered, leaving investor interest in safe havens like the precious metal largely intact. Tarnishing an otherwise brightening outlook for global growth, tensions continued over the Korean peninsula and the Middle East, while worries abo

13/04/2017 10:37:16 AM | Posted in Commodities Reports read full news
Evening Update For 12th April 2017 - Angel Commodities

News and Analysis

* Geo-political tensions prevail and bother investor sentiment

* Crude oil inventories still remain high in the US

 

European stocks are trading green, Asian markets ended mixed and the US stock futures are trading in the red. Gold prices are trading flat today at $1273 per ounce while MCX gold price

12/04/2017 5:15:36 PM | Posted in Commodities Reports read full news
Buy Crude Oil above at 3435-3445 Target 3475-3500 stop loss at 3400 - Enrich Commodities

Crude Oil

Crude Oil on Monday April 10th, 2017, Crude Oil April futures prices Up by 24 pts and closed at 3488, trading range between 3407-3456 On the New York, Mercantile Exchange, Crude Oil for February delivery on the New York Mercantile Exchange to settle at $ 53.40 a barrel

Overnight, crude settled higher on Tuesday, after reports surfa

12/04/2017 11:28:01 AM | Posted in Commodities Reports read full news
Buy Gold Dips on 29225 target 29300-29400 stop loss 29175 - Enrich Commodities

Gold

Gold, June month contract prices up by 454 points & closed at 29193. Trading range between 28765-29229 and Comex Gold futures closed at $1274.20 division of the New York Mercantile Exchange.

Overnight, gold prices traded higher on Tuesday, as investors fled risk assets and sought refuge in safe-haven gold amid rising geopolitical ten

12/04/2017 11:21:03 AM | Posted in Commodities Reports read full news
We expect Crude oil prices to trade higher - Angel Commodities

Bullion

Gold

On Tuesday, spot gold prices rose by 1.58 percent to close at $1274.1 per ounce as to a fresh five-month high on Tuesday as investors sought assets seen as havens from risk amid mounting political and security concerns over North Korea, the Middle East and the looming French election.

G

12/04/2017 11:09:46 AM | Posted in Commodities Reports read full news
We expect silver prices to trade sideways - Sushil Finance

Gold

Gold jumped nearly 2 percent to a fresh five-month high on Tuesday as investors sought assets seen as havens from risk amid mounting political and security concerns over North Korea, the Middle East and the looming French election. Global tensions escalated as Western countries were joined by Middle Eastern allies in a push to isolate Syrian Presi

12/04/2017 10:40:41 AM | Posted in Commodities Reports read full news
We expect Soybean prices to trade sideways - Angel Commodities

Agri-Fundamentals

Soybean

Soybean May futures gain a little on Tuesday and continues its sideways trend as supplies have improved last week but demand remains steady at lower levels. The supplies in the physical market decrease in first 10 days in April compared to last month. As per Agmarknet, arrivals of s

12/04/2017 10:25:54 AM | Posted in Commodities Reports read full news
Gold trading range for the day is 28598-29526 - Kedia Commodity

Gold

Gold on MCX settled up 1.58% at 29193 gained tracking firmness from Comex Gold prices which rallied in yesterday session to finish at their highest level since November, jumped almost $20.30 to settled at $1,274.20 an ounce, reaching its highest closing level in five months as US tensions with North Korea and Russia, as well as the upcoming presi

12/04/2017 10:09:38 AM | Posted in Commodities Reports read full news
Evening Update For 11th April 2017 - Angel Commodities

News and Analysis

* North Korea warns US of nuclear strike.

* Syria’s allies criticize US strike on former’s military base.

* LME Copper stocks plunged by 2.6 percent on Monday.

European stocks are trading mixed as uncertainty over the ongoing US-North Korea tensions and upcoming French elections hurt risk app

11/04/2017 5:15:38 PM | Posted in Commodities Reports read full news
Sell Gold @28850 Target 28500 - Sushil Finance

Gold

Gold prices ended little changed on Monday as expectations that the Federal Reserve will press ahead with interest rate rises offset concerns over political tensions in North Korea and the Middle East.

Late in the session, prices were supported after Fed Chair Janet Yellen struck a cautious note, saying it would be appropriate to gradual

11/04/2017 11:21:51 AM | Posted in Commodities Reports read full news
Buy Crude Oil above at 3425-15 Target 3465-3500 stop loss at 3396 - Enrich Commodities

CRUDEOIL

Crude Oil on Monday April 10th, 2017, Crude Oil April futures prices Up by 65 pts and closed at 3424, trading range between 3365-3430 On the New York, Mercantile Exchange, Crude Oil for February delivery on the New York Mercantile Exchange to settle at $ 53.08 a barrel

Crude prices rose to five-week highs in Asia on Tuesday with indu

11/04/2017 10:53:31 AM | Posted in Commodities Reports read full news
We expect MCX copper prices to trade sideways today - Angel Commodities

Bullion

Gold

Spot gold prices fell by 0.6 percent, to close at $1254.2/oz, while MCX gold prices rose by 0.2 percent to close at Rs.28739 per 10 gms.

Gold prices declined yesterday but uncertain global environment cushioned the fall.

Eralier during the day, Gold prices held steady, buoyed

11/04/2017 10:47:26 AM | Posted in Commodities Reports read full news
Gold trading range for the day is 28541-28899 - Kedia

Gold

Gold on MCX settled up 0.19% at 28739 prices recovered from the day's low while prices dropped in the morning session as the US dollar continued to remain supported by Federal Reserve policy tightening expectations. Recovery in the prices seen in late session with markets keeping a close eye on geopolitical risks and noting comments from the

11/04/2017 10:33:30 AM | Posted in Commodities Reports read full news
We expect Jeera futures to trade higher - Angel Commodities

Soybean

Soybean May futures closed lower on Monday and continues its decline as supplies have improved last week but demand remains steady at lower levels. The supplies have increased during the last week compared to previous week. As per Agmarknet, arrivals of soybean during Apr 3-8 is 43,753 while during Mar 27- Apr 1 were about 32,514 tonnes Vs 90,7

11/04/2017 10:20:05 AM | Posted in Commodities Reports read full news
Evening Update For 10th April 2017 - Angel Commodities

News and Analysis

* Global geopolitical concerns hurt markets.

* Syria’s allies criticize US strike on former’s military base.

* LME Copper stocks rose 0.5 percent on Friday.

European stocks are trading lower as uncertainty over the upcoming French presidential election hurt risk appetite. Asian markets ended

10/04/2017 11:42:06 AM | Posted in Commodities Reports read full news
Gold prices will trade higher towards Rs.29300 mark - Angel Commodities

Gold

• Last week, Spot gold prices rose by 0.4 percent, to close at $1253.6/oz, while MCX gold prices rose by 0.8 percent to close at Rs.28684 per 10 gms.

• Gold prices pressured by a firmer dollar on the back of upbeat U.S. unemployment data and as some investors sold to redeem profits after bullion's recent advance.

10/04/2017 5:02:16 PM | Posted in Commodities Reports read full news