We expect crude oil prices to trade negative - Sushil Finance

Gold

Gold fell from one-month highs on Wednesday after better-thanexpected 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 meeting were released. Bullion pared some losses after the Fed's minutes showed most policymakers think the central bank should take steps

6/04/2017 11:35:47 AM | Posted in Commodities Reports read full news
Evening Update For 5th April 2017 - Angel Commodities

News and Analysis

*  Trump–Jinping meeting to draw global attention this week.

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

*  LME Copper stocks plunged by 2.2 percent on Tuesday.

European stocks are trading higher ahead of release of FOMC meeting minutes due

Copper trading range for the day is 374.1-378.5 - Kedia Commodity Ltd

Gold

On MCX settled up 0.42% at 29016 buoyed by a weaker dollar on tepid economic data from the United States and as investors turned to safe-haven assets on worries over geopolitical tensions. Supporting gold was geopolitical tension sparked by U.S. President Donald Trump who on Sunday held out the possibility of using trade as a lever to secure Chin

5/04/2017 12:07:32 PM | Posted in Commodities Reports read full news
We expect Jeera futures to trade higher -Angel Commodities

Agri-Fundamentals

Soybean

Soybean April futures closed higher on Monday due to bargain buying and lower arrivals. 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

5/04/2017 11:58:46 AM | Posted in Commodities Reports read full news
We expect silver prices to trade sideways - Sushil Finance

Gold

Gold prices rose on Tuesday, hitting a one-month high as the dollar weakened, but gold retraced gains as U.S. President Donald Trump laid out aggressive plans for infrastructure spending and deregulation. Gold touched $1,261.15, its highest since Feb. 27 as the dollar weakened after the U.S. Institute for Supply Management said its index of nation

5/04/2017 11:23:44 AM | Posted in Commodities Reports read full news
Buy Gold Dips on 28900 Target 29000-29050 stop loss at 28840 - Enrich Commodities

Gold

June month contract prices up by 120pts (0.42%) & closed at 29016.Trading range between 28950-29145 and Comex Gold futures closed at $1258.40, division of the New York Mercantile Exchange.

The main focus for markets this week centres on President Donald Trump’s first meeting with Chinese counterpart Xi Jinping on Thursday and F

5/04/2017 10:55:02 AM | Posted in Commodities Reports read full news
Buy Crude Oii Dips on 3315-3325 Target 3350-3400 stop loss at 3285 - Enrich Commodities

Crude Oil

Crude Oil on Tuesday April 4th, 2017, Crude Oil April futures prices Up by 48 pts closed at 3325, trading range between 3289-3333. On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $ 51.03 a barrel.

Crude inventories in the U.S. dropped a more than expected 1.83 mi

5/04/2017 10:41:11 AM | Posted in Commodities Reports read full news
Buy Gold around 28750 target 28850 stop loss at 28650 - Enrich Commodities

Technical view:

I have been looking to the Intraday 1 hour charts in Gold Market formed “Falling wedge Chart pattern” in this pattern the current downtrend reversal to up move expected 28800-28850. In this pattern already broken out channel and given buy signal, so we can expect prices move towards previous support resistance now at 28850 l

Evening Update For 3rd April 2017 - Angel Commodities

News and Analysis

*  Trump–Jinping meeting to draw global attention this week.

*  US GDP grew at 2.1 per cent in Q42016.

*  LME Copper stocks plunged by 2.5 percent on Friday.

European stocks are trading mixed ahead of key events lined up this week; most important being meeting between US and Chinese

3/04/2017 11:54:16 AM | Posted in Commodities Reports read full news
Buy MCX Silver May between 41600 – 41800, SL – 41000, Target – 42800 / 43200 - Angel Commodities

MCX GOLD Apr (CMP – 28,742 / $ 1,248)

MCX Gold Apr as seen in the weekly chart above has opened the week with gap up at 29,031 levels and at the starting of the week it made a weekly high of 29,072 levels. Later on prices could not able to sustain on higher levels and corrected sharply and made a weekly low of 28,576 levels. This week prices have

3/04/2017 10:41:51 AM | Posted in Commodities Reports read full news
Buy Crude Oil @ 3260-3250 StopLoss 3235 Target 3285-3310 - Enrich Commodities

Crude Oil

Crude Oil on Friday 31th March 2017, Crude Oil April futures prices up by 15 pts closed at 3284, trading range between 3245-3288. On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $ 50.60 a barrel.

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

Silver trading range for the day is 41737-42655 - Kedia Commodity

Gold

On MCX settled up 0.28% at 28742 as uncertainty over U.S. President Donald Trump's tax and investment plans and elections in Europe fuelled demand for bullion as a safe haven. Gold rebounded from early losses as the dollar turned flat after a Federal Reserve official's seemingly dovish remarks and uninspiring data on the U.S. economy tamp

We expect Natural gas prices to trade positive - Sushil Finance

Gold

Gold notched a quarterly gain of about 8.4 percent on Friday, marking its best quarter in a year, as uncertainty over U.S. President Donald Trump's tax and investment plans and elections in Europe fueled demand for bullion as a safe haven.

Gold rebounded from early losses as the dollar turned flat after a Federal Reserve official'

We expect Jeera futures to trade sideways - Angel Commodities

Agri-Fundamentals

Soybean

Soybean April futures closed lower of the week on weak spot demand despite less arrivals. The supplies have been decreased drastically this week compared to previous week. As per Agmarknet, arrivals of soybean during 27-31 Mar were about 24,979 tonnes Vs 80,092 tonnes during previous

We expect MCX copper prices to trade sideways today - Angel Commodities

Bullion

Gold

Last week, Spot gold prices rose by 0.4 percent, to close at $1248.6/oz, while MCX gold prices declined by 1.1 percent to close at Rs.28463 per 10 gms.

The dollar strengthened, but uncertainty surrounding the impact of Britain's departure from the European Union and upcoming French elections offere

Evening Update For 31st March 2017 - Angel Commodities

News and Analysis

 Freeport to resume copper concentrate exports from its Grasberg mine.

 US GDP grew at 2.1 per cent in Q42016.

 LME Copper stocks plunged by 2.2 percent on Thursday.

European stocks are trading lower as global political and economic uncertainty hurt risk appetite. Asian markets ended lower and t

31/03/2017 5:06:02 PM | Posted in Commodities Reports read full news