We expect gold prices to trade lower today - Angel Commodities

Bullion

Gold

On Thursday, spot gold prices declined by 0.72 percent to close at $1242.9 per ounce as the dollar strengthened, but uncertainty surrounding the impact of Britain's departure from the European Union and upcoming French elections offered support.

Prime Minister Theresa May formally

31/03/2017 11:20:24 AM | Posted in Commodities Reports read full news
We expect cotton futures to trade sideways - Angel Commodities

Agri-Fundamentals

Soybean

Soybean April futures closed lower on Thursday on weak spot demand despite lower arrivals. The supplies have been decreased drastically this week compared to previous week. As per Agmarknet, arrivals of soybean during 27-30 Mar were about 23,094 tonnes Vs 64,876 tonnes during previou

31/03/2017 11:07:30 AM | Posted in Commodities Reports read full news
Turmeric trading range for the day is 6224-6444 - Kedia Commodity

Gold

Gold on MCX settled down -0.56% at 28542 after data showed that the U.S. economy grew faster than expected, reinforcing expectations for more U.S. interest rate hikes this year. The potential for the rise of the far right in European elections this year, along with British Prime Minister Theresa May formally triggering divorce proceedings from th

31/03/2017 11:00:19 AM | Posted in Commodities Reports read full news
Buy Crude Oil Dis on 3240-3250 Target 3275-3300 stop loss at 3210 - Enrich Commodities

Crude Oil

Crude Oil on Thursday 30th March 2017, Crude Oil April futures prices up by 58 pts closed at 3269, trading range between 3212-3275. On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $ 50.35 a barrel.

Crude prices rose on Thursday past $50 a barrel for the first tim

31/03/2017 10:36:04 AM | Posted in Commodities Reports read full news
We expect crude oil prices to trade sideways - Sushil Finance

Gold

Gold dipped on Thursday as the dollar strengthened, but losses were capped by continuing economic uncertainty around Britain's departure from the European Union and approaching French elections.

The potential for the rise of the far right in European elections this year, along with British Prime Minister Theresa May formally triggeri

31/03/2017 10:13:39 AM | Posted in Commodities Reports read full news
Evening Update For 30th March 2017 - Angel Commodities

News and Analysis

* ECB official reiterated on loose monetary policy.

* China's economy is likely to grow 6.8 percent in Q12017.

* LME Copper stocks plunged by 2.1 percent on Wednesday. 

 

European stocks are trading lower as ECB official eased expectations of withdrawal of monetary support. Asian m

30/03/2017 5:04:01 PM | Posted in Commodities Reports read full news
Buy Gold Dips on June Month contract 28700-28650 target 28770-28850 stop loss at 28550 - Enrich Commodities

Gold

Gold on Wednesday 29th March 2017, Gold prices down by (145pts) & closed at 28703 trading range between 28626-28751 and April Comex Gold futures closed at $1253.70, division of the New York Mercantile Exchange.

Gold prices rose on Wednesday despite dollars’ recovery against a basket of rivals, as demand rises on gold as a safe

30/03/2017 11:58:08 AM | Posted in Commodities Reports read full news
We expect sugar prices to trade sideways - Angel Commodities

Agri-Fundamentals

Soybean

Soybean April futures closed higher for the second consecutive day on Wednesday on low level buying by the market participants The meal exports also support the prices coupled with slower arrivlas. According to SEA, India's soymeal exports are likely to be around 200,000 tonnes in

30/03/2017 11:52:58 AM | Posted in Commodities Reports read full news
Sell Crude oil below 3240-3245 target 3220-3200 stop loss at 3253 - Enrich Commodities

Crude Oil

Crude Oil on Wednesday 29th March 2017, Crude Oil April futures prices up by 44 pts closed at 3221, trading range between 3151-3221. On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $ 49.51 a barrel.

Crude futures settled higher on Wednesday, after the latest Ener

30/03/2017 11:47:16 AM | Posted in Commodities Reports read full news
We expect gold prices to trade higher - Angel Commodities

Bullion

Gold

On Wednesday, spot gold prices rose marginally by 0.03 percent to close at $1252 per ounce hovering below Monday's one-month high as uncertainty about Brexit talks, French elections and U.S. President Donald Trump's economic policies boosted safe-haven buying and offset a firmer dollar.<

30/03/2017 11:41:53 AM | Posted in Commodities Reports read full news
Cotton trading range for the day is 20963-21463 - Kedia Commodity

Gold

Gold on MCX settled down -0.5% at 28703 weighed by a rise in the dollar, which continued to recover from multi-month lows, after the release of upbeat economic data. The U.S. National Association of Realtors said its pending home sales increased by 5.5% last month, which was far above economists’ forecast of a 2.4% increase.

Dollar

30/03/2017 11:18:24 AM | Posted in Commodities Reports read full news
We expect crude oil prices to trade sideways - Sushil Finance

Gold

Gold edged up on Wednesday, hovering below Monday's one-month high as uncertainty about Brexit talks, French elections and U.S. President Donald Trump's economic policies boosted safe-haven buying and offset a firmer dollar.

British Prime Minister Theresa May filed formal Brexit divorce papers on Wednesday, triggering years of ne

30/03/2017 10:43:18 AM | Posted in Commodities Reports read full news
Evening Update For 29th March 2017 - Angel Commodities

News and Analysis

* 2-year formal talks to begin Brexit starts today.

* US CB Consumer Confidence jumped to 16-year high in Mar’17.

* LME Copper stocks plunged by 1.6 percent on Tuesday. 

 

European stocks are trading higher ahead of the formal triggering of Britain's exit process from the Eu

29/03/2017 5:00:28 PM | Posted in Commodities Reports read full news
Buy Crude Oil Dips on 3150-55 Target 3175-3200 Stop loss 3130 - Enrich Commodities

Crude Oil

Crude Oil on Tuesday 28th March 2017, Crude Oil April futures prices up by 55pts closed at 3167, trading range between 3124-3179.On the New York, Mercantile Exchange, Crude oil for February delivery on the New York Mercantile Exchange to settle at $ 48.37 a barrel.

U.S. crude stocks rose a more than expected 1.91 million barrels, th

29/03/2017 3:49:19 PM | Posted in Commodities Reports read full news
Buy Gold Dips on 28580-28600 Target 29700-28800 Stop loss 28450 - Enrich Commodities

Gold

Gold on Tuesday 28 March 2017, Gold prices up by (41pts) & closed at 28848 trading range between 28760-28892 and April Comex Gold futures closed at $1255.60 division of the New York Mercantile Exchange.

Gold prices rose on Tuesday to a one-month high amid higher demand on the safe haven due to concerns about the U.S. administrations

29/03/2017 11:14:02 AM | Posted in Commodities Reports read full news
Crudeoil trading range for the day is 3102-3212 - Kedia Commodity

Gold

Gold on MCX settled up 0.14% at 28848 while prices were virtually unchanged in yesterday's session stung by a slightly stronger dollar. While sentiments still remain strong for Bullion which has been supported by update from CPM Group which said, Gold bullion investment will rise for the fourth straight year in 2017 as global political and eco

29/03/2017 11:07:27 AM | Posted in Commodities Reports read full news
We expect silver prices to trade positive - Sushil Finance

Gold

Gold prices turned lower on Tuesday, after nearing the prior session's one-month high, as the U.S. dollar, Treasury yields and stock markets extended gains. Bullion was higher earlier on support from U.S. political and economic uncertainty and expectations of a lower dollar.

A strong greenback makes dollar-denominated gold more expen

29/03/2017 10:48:16 AM | Posted in Commodities Reports read full news
We expect MCX copper prices to trade sideways - Angel Commodities

Bullion

Gold

On Tuesday, spot gold prices declined by 0.2 percent to close at $1251.5 per ounce after nearing the prior session's one-month high, as the U.S. dollar, Treasury yields and stock markets extended gains. Bullion was higher earlier on support from U.S. political and economic uncertainty and exp

29/03/2017 10:16:09 AM | Posted in Commodities Reports read full news
We expect cotton futures to trade sideways - Angel Commodities

Agri-Fundamentals

Soybean

Soybean April futures recovers slightly on Tuesday due to bargain buying and demand from the mills as meal exports have been higher. According to SEA, India's soymeal exports are likely to be around 200,000 tonnes in March, higher than last March's record low of 430 tonnes du

29/03/2017 9:51:55 AM | Posted in Commodities Reports read full news
Evening Update For 28th March 2017 - Angel Commodities

News and Analysis

* US Republican Healthcare bill backed by Trump failed in Congress.

* German Ifo Business Climate surged to 112.3 in Mar’17.

* LME Copper stocks fell by 0.7 percent on Monday. 

 

European stocks are trading higher as global concerns regarding US economic policy subsided. Asian m

28/03/2017 4:35:16 PM | Posted in Commodities Reports read full news