Crude Oil Sell Below at 3589 target 3550-3530 stop loss 3605 - Enrich

Crude Oil

Crude Oil on Tuesday 28th Feb 2017, Crude Oil March futures prices down by -57 pts (-1.57%) closed at 3566, trading range between 3559-3629.On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $54.01 a barrel.

Crude futures settled modestly lower on Tuesday, as fears

1/03/2017 11:21:57 AM | Posted in Commodities Reports read full news
We expect gold prices to trade - Sushil Finance

Gold

The price of gold turned downward on Tuesday as the dollar came off its lows and financial markets awaited U.S. President Donald Trump's speech to Congress later this evening regarding his policies on tax reforms and government spending. Investors are shifting their attention to Trump's policy speech to a joint session of Congress on Wedne

1/03/2017 11:08:38 AM | Posted in Commodities Reports read full news
Turmeric trading range for the day is 6692-7052 - Kedia

Gold

Gold on MCX settled down -0.48% at 29566 tracking weakness from Comex Gold which dropped 0.3 percent to settled at $1,244.93 per ounce on a stronger dollar ahead of a speech by U.S. President Donald Trump that investors hope will shed more light on the details of his economic policy. In yesterday session Dollar strengthened versus major rivals, as

1/03/2017 10:17:46 AM | Posted in Commodities Reports read full news
Evening Update For 28th February 2017 - Angel Commodities

News and Analysis

* Trump’s speech before the Congress tonight to be closely watched.

* LME Copper stocks plunged 1.8 percent on Monday.

* Net long position in WTO oil futures reached record highs last week.

European stocks are trading mixed today ahead of Trump’s speech before the Congress due tonight. Asian

28/02/2017 5:02:19 PM | Posted in Commodities Reports read full news
Buy Gold above 29550-29500 Target 29650-29750 Stop loss 29450 - Enrich

Gold

Gold on Monday 27th Feb 2017, Gold prices up by 87 pts (0.29%) & closed at 29710 trading range between 29541-29785 and April Comex Gold futures closed at $1258.80, division of the New York Mercantile Exchange.

Gold prices were closed high on yesterday as the dollar gives up ground; the market is trading inside Friday’s range w

28/02/2017 2:32:31 PM | Posted in Commodities Reports read full news
Sell Crude Oil @ 3650 Target 3570 - Sushil Finance

Gold

Gold fell after tapping a 3-1/2-month high on Monday as U.S. Treasury yields rose and investors waited for U.S. President Donald Trump to outline plans for tax cuts, infrastructure spending, levies on imports and foreign policy.

Trump is due to address Congress on Tuesday.

Bullion prices briefly rose to 3-1/2-month highs after

28/02/2017 11:49:50 AM | Posted in Commodities Reports read full news
We expect cotton and kapas futures to trade sideways - Angel Commodities

Soybean

Soybean futures traded higher on bargain buying and good demand in the spot market at lower levels. The production is expected to be higher this year and the oil millers are active at lower prices so that they can have parity to export soy meal at competitive rates. The Soybean Processors Association of India has raised the estimate for soy me

28/02/2017 11:21:43 AM | Posted in Commodities Reports read full news
We expect MCX copper prices to trade lower - Angel Commodities

Bullion

Gold

Spot gold prices fell by 0.3 percent yesterday but decline was limited as uncertainty regarding President Trump’s upcoming speech before the Congress buoyed the metal near three and a half month highs.

Also, latest CFTC data showed hedge funds early last week lifted their net long

28/02/2017 11:09:51 AM | Posted in Commodities Reports read full news
Gold trading range for the day is 29435-29923 - Kedia

Gold

Gold on MCX settled up 0.29% at 29710 despite signs the Federal Reserve will raise interest rates in the next few months. Prices held firm on Monday near 3-1/2 month highs hit in the previous session, with investors waiting for greater clarity on President Donald Trump's economic policy. Bullion prices briefly rose to 3-1/2-month highs after

28/02/2017 10:38:08 AM | Posted in Commodities Reports read full news
Buy Crude oil dips on 3605-3615 target 3640-3660 stop loss at 3585 - Enrich Commodities

CRUDEOIL

Crude Oil on Monday 27th Feb 2017, Crude Oil March futures prices up by 8 pts (0.22%) closed at 3623, trading range between 3620-3652.On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $54.05 a barrel.

Oil prices held on to their gains in trade on Monday, recovering

28/02/2017 10:15:56 AM | Posted in Commodities Reports read full news
Evening Update For 27th February 2017 - Angel Commodities

 News and Analysis

* Trump’s speech before the Congress tomorrow will be closely watched.

* LME Copper stocks plunged 1.9 percent on Friday.

* Net long position in WTO oil futures reached record highs last week.

 

European stocks are trading mixed today as concerns of trouble in merger talks betwe

27/02/2017 5:26:46 PM | Posted in Commodities Reports read full news
We expect cotton prices for March delivery to trade higher - Angel Commodities

Soybean

* Soybean futures closed lower for the fifth consecutive week as good physical supplies and high demand at lower levels putting pressure on prices. The most-active Mar’17 delivery contract closed 0.1 % down to settle at Rs. 2,960 per quintal.

* The arrivals last week down drastically during last week (20-25 Feb) to 58,432 tonnes

27/02/2017 3:45:19 PM | Posted in Commodities Reports read full news
Buy MCX Gold Apr between 29300 – 29200, SL – 29000, Target – 29900 / 30000 - Angel Commodities

MCX GOLD Apr (CMP – 29,623 / $ 1256.85)

MCX Gold Apr as seen in the weekly chart above has opened the week with gap down at 29,251 levels and at the starting of the week prices have corrected sharply and made a weekly low of 29,075 levels. Later on as expected prices could not able to sustain on lower levels and rallied sharply t

27/02/2017 3:25:23 PM | Posted in Commodities Reports read full news
We expect base metal prices likely to trade - Sushil Finance

Gold

Gold reached its highest in 3-1/2 months on Friday as the dollar fell to a one-week low after the new U.S. Treasury chief poured cold water on the "Trumpflation trade" that had boosted the greenback this year. Treasury Secretary Steven Mnuchin said on Thursday that any steps U.S. President Donald Trump's administration takes on polic

27/02/2017 11:50:30 AM | Posted in Commodities Reports read full news
We expect gold prices to trade higher today - Angel Commodities

Bullion

Gold

Last week, spot gold prices jumped by 1.7 percent to close at $1256.6 per ounce as the dollar index retreated later in the week, after minutes from the last U.S. Federal Reserve meeting showed uncertainty among policymakers about the new Trump administration's economic program.

Earli

27/02/2017 11:17:53 AM | Posted in Commodities Reports read full news
Buy Gold above 29550 Target 29650-29750 Stop loss 29450 - Enrich

Gold

Gold on Friday 24th Feb 2017, Gold prices up by 172 pts (0.58%) & closed at 29623 trading range between 29511-29649 and April Comex Gold futures closed at $1258.05, division of the New York Mercantile Exchange.

Gold prices shoot up on Friday to a 15-week high as the dollar tumbled against a basket of currencies to a one-week low.

27/02/2017 10:56:14 AM | Posted in Commodities Reports read full news
We expect Jeera futures may trade higher - Angel Commodities

Agri-Fundamentals

Soybean

Soybean futures traded on negative note as good physical supplies putting pressure on prices. The production is expected to be higher this year and the oil millers are active at lower prices so that they can have parity to export soy meal at competitive rates. The Soybean Processors A

27/02/2017 10:39:45 AM | Posted in Commodities Reports read full news
Crude oil buy dips on 3610-3600 target 3640-3660 stop loss at 3585 - Enrich

Crude Oil

Crude Oil on Friday 24th Feb 2017, Crude Oil March futures prices down by -18 pts (-0.50%) closed at 3615, trading range between 3591-3627.On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $54.00 a barrel.

Crude prices fell on Friday ahead of the weekend on profit-

27/02/2017 10:27:23 AM | Posted in Commodities Reports read full news
Maize trading range for the day is 1396-1408 - Kedia

Gold

Gold on MCX settled up 0.58% at 29623 as the dollar fell to a one-week low after the new U.S. Treasury chief poured cold water on the "Trumpflation trade" that had boosted the greenback this year. Treasury Secretary Steven Mnuchin said that any steps U.S. President Donald Trump's administration takes on policy would probably have onl

27/02/2017 10:06:40 AM | Posted in Commodities Reports read full news
Buy Gold above 29500 Target 29650-29750 Stop loss 29450 - Enrich Commodities

GOLD

Gold on Thursday 23th Feb 2017, Gold prices up by 243 pts (0.83%) & closed at 29451 trading range between 29215-29468 and April Comex Gold futures closed at $1251.40, division of the New York Mercantile Exchange.

Gold prices rose on Thursday to a 15-week high after the Federal Reserve’s meeting minutes pushed the dollar lower a

24/02/2017 4:46:54 PM | Posted in Commodities Reports read full news