Buy Gold August contract on dips 29050-29000 Target 29150-29250 Stop loss at 28950 - Enrich Commodities

GOLD

Gold on Friday 2nd June 2017, Gold August future prices up by 145 pts closed at 29088 trading range between 28802-29137 and April Comex Gold futures closed at $1280.00 division of the New York Mercantile Exchange.

After trading in a narrow, but volatile trading range for the first few days last week, gold futures surged to nearly a six-w

5/06/2017 11:18:14 AM | Posted in Commodities Reports read full news
We expect crude oil prices to trade positive - Sushil Finance

Gold

Gold prices rose to a six-week high on Friday after disappointing U.S. non-farm payrolls data weighed on the dollar and lowered some expectations for more aggressive U.S. interest rate increases this year.

Data showed that U.S. job growth slowed in May and employment gains in the prior two months were not as strong as previously reporte

5/06/2017 11:06:32 AM | Posted in Commodities Reports read full news
Crudeoil trading range for the day is 2968-3186 - Kedia Commodity

Gold

Gold on MCX settled up 0.5% at 29088 in response to disappointing U.S. non-farm payrolls data that lowered expectations for more aggressive U.S. interest rate increases. Prices also seen supported boosted by demand for safe-haven assets due to political tensions in the United States and Europe.

Data showed that U.S. job growth slowed in

Evening Update For 2nd June 2017 - Angel Commodities

News and Analysis

* Trump decides to withdraw from Paris accord.

* LME Copper stocks fell by 0.8 percent on Thursday.

* US crude stocks dropped 6.4 million barrels in the last week

European markets are trading higher today as private gauge of US nonfarm payrolls boosted risk appetite. Asian markets are trading higher and

Gold Spot Market Update 2 June 2017 - Kedia Commodity

* Polled Premium/Discount for 995 gold in Ahmedabad -0.50 USD/troy oz on June 01, 2017.

* Gold traded with volatility while prices settled down as support seen for the dollar and backed expectations for a US interest-rate hike later this month

* The GST Council will meet again on June 3 to decide on the levy on remaining goods, including gold, footwear and textiles, Minister

We expect bullion prices to trade sideways to down today - Alpha Commodity

Bullion

* Gold silver prices traded lower witnessing correction from recent resistance levels. The stronger dollar and better than expected US data pressured prices to trade lower. The positive payroll data may raise speculation over FED rate hike in next FOMC meeting. Gold ETF holdings declined to 847.45 remained steady.

* We expect gold sil

Crude oil prices are expected to trade lower - Angel Commodities

Bullion

Gold

On Thursday, spot gold prices declined by 0.22 percent to close at $1265.3 per ounce on account of stronger dollar after a report showed that the U.S. economy created more private-sector jobs than expected in May, further strengthening expectations for an interest rate hike this month.

U

We expect Ref Soy oil and CPO futures to trade sideways - Angel Commodities

Agri-Fundamentals

Soybean

Soybean Jun futures rebound on Wednesday tracking good spot demand as supplies are dwelling. However, the prices are still at levels lowest since March 2012 due to higher supplies and good progress of new season crop. India soybean sowing for the current kharif reached 23,000 ha so fa

We expect silver prices to trade positive - Sushil Finance

Gold

Gold prices eased on Thursday as the dollar rallied after a report showed that the U.S. economy created more private-sector jobs than expected in May, further strengthening expectations for an interest rate hike this month.

U.S. private employers added 253,000 jobs in May, above economists' expectations, a report by a payrolls proce

2/06/2017 12:31:30 PM | Posted in Commodities Reports read full news
Sell Crude oil Rise on 3100 -3110 Target 3070-3025 Stop loss at 3133 - Enrich Commodities

CRUDE OIL

Crude Oil on Thursday 1st June 2017, Crude Oil June futures prices Up by 32 pts (1.02%) closed at 3159, trading range between 3114-3175 On the New York, Mercantile Exchange, Crude oil for June delivery on the New York Mercantile Exchange to settle at $48.36 a barrel.

Crude futures soared to a high of 3170 earlier in the session but

2/06/2017 12:08:17 PM | Posted in Commodities Reports read full news
Buy Gold August contract on dips 28875- 28850 Target 28950-29000 Stop loss at 28800 - Enrich Commodities

GOLD

Gold on Thursday 1st June 2017, Gold prices down by 151 pts closed at 29943 trading range between 28870-29034 and April Comex Gold futures closed at $1267.00 division of the New York Mercantile Exchange

Gold drifted weaker in Asia on Friday as investors kept a close eye on the yuan after it surged to a near seven-month high on Thursday f

2/06/2017 11:54:37 AM | Posted in Commodities Reports read full news
Crudeoil trading range for the day is 3088-3210 - Kedia Commodity

Gold

Gold on MCX settled down -0.52% at 28943 pauses it's run and slipped away trimming its recent gains as the dollar regained some ground ahead of a string of US data due later in the day and on Friday amid mounting hopes for a June rate hike by the Federal Reserve. Despite the recent run on resistance, day traders continue to buy on the dips.

2/06/2017 10:31:47 AM | Posted in Commodities Reports read full news
Evening Update For 1st June 2017 - Angel Commodities

News and Analysis

* Oil prices surge ahead of Trump’s decision on Paris accord.

* LME Copper stocks fell by 1 percent on Wednesday.

* Final Manufacturing PMI at six year high of 57 in May’17.

 

European markets are trading higher today as regions’ final manufacturing activity in May expande

Gold Spot Market Update On June 01, 2017 - Kedia Commodity

Gold Spot Market Update

* Polled Premium/Discount for 995 gold in Ahmedabad -1.00 USD/troy oz on May 31, 2017.

* Gold prices yesterday morning traded in the range while in evening session prices regained its strength as the dollar dipped and simmering geopolitical tensions lent support, while upside still capped amid an increased chance of a

Gold And Silver Trading Idea for Commodities - Kedia Commodity

Trading Idea for Commodities

Gold

Goldpricesrecoveredasdollardippedandsimmeringgeopoliticaltensionslentsupport,whileupsidewillbecappedonratehikeexpectation.

Tradersseean86.6percentchanceofa25-basis-pointratehikeattheFed'sJune13-14policymeeting.

Inves

Crude Oil prices traded mixed witnessing both side movements - Alpha Commodity

Bullion

* Gold silver prices traded higher witnessing recovery from intraday lows on weak US and China data. The dollar index fell sharply overnight giving a way to precious metals to shine raising concerns over June rate hike. Gold ETF holdings declined to 847.45 remained steady.

* We expect gold silver prices to trade sideways to up on unce

Buy Gold August contract on dips 28950-75 Target 29000-29100 Stop loss at 28860 - Enrich Commodities

Gold

Gold on Wednesday 31st May 2017, Gold prices Up by 102 pts closed at 29094 trading range between 28868-29119 and June Comex Gold futures closed at $1272 division of the New York Mercantile Exchange.

Gold prices held steady on Wednesday, amid mounting expectations for a U.S. rate hike next month as investors awaited the release of key U.S

1/06/2017 12:03:26 PM | Posted in Commodities Reports read full news
Sell Crude Oil Rise on 3155-3165 Target 3130-3100 Stop loss at 3185 - Enrich Commodities

Crude Oil

Crude Oil on Wednesday 31st May 2017, Crude Oil June futures prices down by 76 pts (-2.37%) closed at 3127, trading range between 3196-3090 On the New York, Mercantile Exchange, Crude oil for June delivery on the New York Mercantile Exchange to settle at $48.32 a barrel.

Oil prices fell as investors ignored Saudi and Russian Energy

1/06/2017 11:57:04 AM | Posted in Commodities Reports read full news
We expect Jeera futures expected to trade higher - Angel Commodities

Agri-Fundamentals

Soybean

Soybean Jun futures closed unchanged yesterday and continue to trade at levels lowest since March 2012 due to lower demand, higher supplies and good progress of new season crop.

India soybean sowing for the current kharif reached 23,000 ha so far vs 20,000 ha year ago. As

1/06/2017 11:09:06 AM | Posted in Commodities Reports read full news
Buy Gold @29,000 Target 29,300 - Sushil Finance

Gold

Gold prices rose on Wednesday as the dollar dipped and simmering geopolitical tensions lent support, though the metal was little changed for the month amid an increased chance of a U.S. interest rate rise next month.

The dollar edged lower versus a currency basket amid growing political tension in Washington. Sterling recovered after a p

1/06/2017 10:59:00 AM | Posted in Commodities Reports read full news
Silver trading range for the day is 39627-40427 - Kedia Commodity

Gold

Gold on MCX settled up 0.79% at 28888 as a fresh round of geopolitical jitters, this time pinned to North Korea, offset generally gold-negative sentiment stemming from expectations for higher interest rates. San Francisco Federal Reserve President John Williams said he is spending more time thinking about how fiscal policies under U.S. President

1/06/2017 10:53:25 AM | Posted in Commodities Reports read full news