We expect Jeera futures to trade higher - Angel Commodities

Soybean

Soybean April futures closed lower on week continues its range bound trade as supplies have improved last week but demand remains steady. The supplies have been decreased drastically in last two week compared to previous weeks. 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

10/04/2017 11:33:53 AM | Posted in Commodities Reports read full news
Sell Crude Oil below 3315 target 3285 -3250 stop loss 3330 - Enrich Commodities

CRUDEOIL

Crude Oil on Friday April 7th, 2017, Crude Oil April futures prices Up by 8 pts and closed at 3359, trading range between 3320-3399 On the New York, Mercantile Exchange, Crude Oil for February delivery on the New York Mercantile Exchange to settle at $ 52.24 a barrel.

Oil futures settled higher for the fourth session in a row on Frid

10/04/2017 11:12:02 AM | Posted in Commodities Reports read full news
We expect silver prices to trade positive - Sushil Finance

Gold

Gold hit a five-month high on Friday after U.S. jobs data dampened expectations that the U.S. Federal Reserve will raise interest rates, but the metal gave up most gains as the dollar rose and safe haven demand ebbed.

U.S. employers added the fewest number of workers in 10 months in March, boosting gold, which is most attractive to inve

10/04/2017 11:00:35 AM | Posted in Commodities Reports read full news
Buy Gold Dips on 28625-600 target 28700-28800 stop loss 28585 - Enrich

Gold

Gold, June month contract prices down by 37 points & closed at 28684. Trading range between 29000-28661 and Comex Gold futures closed at $1255.95 division of the New York Mercantile Exchange.

June Comex Gold futures reached a five-month high on Friday as investors pulled their money from higher risk assets for the safety of the preci

10/04/2017 10:43:53 AM | Posted in Commodities Reports read full news
We expect MCX copper prices to trade lower - Angel Commodities

Bullion

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 b

10/04/2017 10:29:24 AM | Posted in Commodities Reports read full news
Turmeric trading range for the day is 6160-6468 - Kedia

Gold

Gold prices gave up most of its gains as the dollar rose and safe haven demand ebbed after earlier prices rose as U.S. jobs data dampened expectations that the U.S. Federal Reserve will raise interest rates. The precious metal strengthened after the U.S. launched cruise missiles at an airbase in Syria, sparking concerns of an escalation in the Syr

10/04/2017 9:48:47 AM | Posted in Commodities Reports read full news
Buy Nickel @ 644 Stoploss Below 577 Target 718-780 - Kedia

NickelonMCXsettleddown-2.75%at654.10trackingweaknessfromLMENickelwhichended2.1percentlowerat$US10,080a tonneasNickeltraderscuttherelongpositionandsitwithawait-and-seemodetoseewhattheoutcomewillbefromthemeeting betweenUSPresidentDonaldTrumpandChina’sPresidentXiJingpin.Chinahasbeenthetargetofanti-dumpinglawsuits,and thisisex

Evening Update For 7th April 2017 - Angel Commodities

News and Analysis

*  Trump–Jinping meeting today to draw global attention.

*  US strike on Syria’s military base stuns markets.

*  LME Copper stocks plunged by 1.9 percent on Thursday.

European stocks are trading lower as risk appetite is hurt by US missile strike actions on Syria. Asian markets

Sell Gold rise on 28940-50 target 28900-28850 stop loss at 29000 - Enrich Commodities

GOLD

Gold, June month contract prices up by 67 points & closed at 28737. Trading range between 28950-29701 and Comex Gold futures closed at $1253.30, division of the New York Mercantile Exchange.

Gold spiked to five-month peaks Friday in Asia after the U.S. military launched cruise missile strikes against a Syrian air base controlled by P

Natural gas trading range for the day is 207-219.6. - Kedia Commodity

Gold

On MCX settled down -0.29% at 28721 pressured by a firmer dollar on the back of upbeat U.S. unemployment data and as some investors sold to redeem profits. Gold was pressured as new applications for U.S. unemployment benefits last week recorded their biggest drop in nearly two years. The dollar index extended gains after data showed new applicati

7/04/2017 12:19:09 PM | Posted in Commodities Reports read full news
We expect gold prices to trade positive - Sushil Finance

Gold

Gold edged lower on Thursday, 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. Those claims, however, will have no bearing on March U.S. non-farm payrolls data on Friday, which analysts say could be key for short-term direction of the gold mar

7/04/2017 12:11:28 PM | Posted in Commodities Reports read full news
We expect MCX copper prices to trade lower today - Angel Commodities

Bullion

Gold

On Thursday, spot gold prices declined marginally by 0.28 percent to close at $1251.3 per ounce 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.

The dollar index extended gains after data showed n

7/04/2017 11:55:11 AM | Posted in Commodities Reports read full news
Buy Crude Oil dips on 3350 Target 3420-3500 stop loss at 3300 - Enrich Commodities

Crude Oil on Thursday April 6th, 2017, Crude Oil April futures prices Up by 7 pts and closed at 3351, trading range between 3308- 3359. On the New York, Mercantile Exchange, Crude Oil for February delivery on the New York Mercantile Exchange to settle at $ 51.70 a barrel.

Flash News Updated:

The United States has attacked a Syrian air base with roughly 60 cr

7/04/2017 11:33:17 AM | Posted in Commodities Reports read full news
Sell Menthya Oil April Below 1006 SL ABV 1034 TGT 972-938. MCX - Kedia Commodity

Menthaoilpricesdroppedamidsubduedphysicaldemandformenthaoilinthedomesticspotmarket.Pricesalsodroppedonthespeculationtheareaundercultivationcanincreasethisyearresultinggoodproduction.Nowondomesticsidetradershadestimatedearliertotalproductionintherangeof35000-37000tonsforthisyear andcurrentlyitappearsthattheaverageestimate mightbere

Evening Update For 6th April 2017 - Angel Commodities

News and Analysis

*  Trump–Jinping meeting today to draw global attention.

*  China’s announcement to set up a new economic zone near Beijing boosts metals.

*  LME Copper stocks plunged by 1.2 percent on Wednesday.

European stocks are trading mixed owing to divergent monetary policies in the US

Buy Crude Oil Dips on3315-3305 Target 3350-3400 stop loss at 3290 - Enrich Commodities

Crude Oil

On Wednesday April 5th, 2017, Crude Oil April futures prices Up by 7 pts and closed at 3332, trading range between 3314- 3374. On the New York, Mercantile Exchange, Crude Oil for February delivery on the New York Mercantile Exchange to settle at $ 51.15 a barrel.

The U.S. Energy Information Administration said in its weekly report

6/04/2017 12:33:57 PM | Posted in Commodities Reports read full news
Maize trading range for the day is 1419-1471 - Kedia Commodity

Gold

On MCX settled down -0.73% at 28805 in the line of expectation also tracking Comex Gold which dropped by $9.90 to settle at $1,248.50/oz, down from a monthly peak near $1260 as encouraging economic data boosted risk appetite and fueled speculation the Federal Reserve will again raise interest rates before summer. Pressure had been seen after better-than-expected

6/04/2017 12:21:28 PM | Posted in Commodities Reports read full news
The MCX, gold prices are expected to trade lower today - Angel Commodities

Bullion

Gold

On Wednesday, spot gold prices declined marginally by 0.05 percent to close at $1254.8 per ounce as prices fell from one-month highs after better-than-expected U.S. jobs data boosted U.S. bond yields and the dollar but losses were limited after minutes from the Federal Reserve's March policy

6/04/2017 11:59:05 AM | Posted in Commodities Reports read full news
We expect sugar prices to trade sideways to lower - Angel Commodities

Agri-Fundamentals

Soybean

Soybean April futures closed higher on Wednesday due to bargain buying at lower levels. The supplies have been decreased drastically last week compared to previous week. As per Agmarknet, arrivals of soybean during Mar 27- Apr 1 were about 32,514 tonnes Vs 90,767 tonnes during previous week. The mil

6/04/2017 11:45:21 AM | Posted in Commodities Reports read full news