Zinc trading range for the day is 195-204.6 - Kedia Commodity

Gold

Gold gained as prices breached the $1.300 threshold for the first time since November 2016, as the dollar retreated on political uncertainty in the United States and a series of terrorist attacks in Spain continued to support demand for the safe-haven metal. Gold prices strengthened after a van rammed into pedestrians in a crowded tourist area of

21/08/2017 12:19:53 PM | Posted in Commodities Reports read full news
Sell Gold Oct 2017 @ 29150 SL 29280 TGT 29020-28880 - Kedia Commodity

GOLD

Gold gained as prices breached the $1.300 threshold for the first time since November 2016, as the dollar retreated on political uncertainty in the United States and a series of terrorist attacks in Spain continued to support demand for the safe-haven metal. Gold prices strengthened after a van rammed into pedestrians in a crowded tourist area of

21/08/2017 11:48:15 AM | Posted in Commodities Reports read full news
We expect Crude Oil correction towards 2850 levels - Choice Broking

Bullions

Gold

Technical View:

On the daily chart, MCX Gold prices have given breakout of a falling wedge. Moreover, on the daily chart, COMEX Gold prices have moved above its previous peak of $1280.30. Furthermore, prices have been sustaining above its 21 EMA on the hourly c

21/08/2017 11:39:35 AM | Posted in Commodities Reports read full news
We expect MCX copper prices to trade higher today - Angel Commodities

Bullion

Gold

Spot gold prices traded lower by 0.4 percent last week to close at $1284 per ounce while MCX gold prices rose by 0.1 percent to close at Rs.29273 per 10 gms.

Federal Reserve officials hinted that U.S. interest rates could rise more slowly than expected. A cautious Dallas Fed President Ro

21/08/2017 10:56:20 AM | Posted in Commodities Reports read full news
The crude oil prices have broken out resistance slope line at $47.20 - Enrich Commodities

CRUDE OIL

Crude Oil on 18th August 2017, Crude Oil August futures prices up by (82) pts (2.69%) closed at 3125, trading range between 3024 – 3131. Crude oil for September delivery on the New York Mercantile Exchange settled at $48.66 a barrel.

Oil prices traded sharply higher on Friday and trades neutral Monday morning despite data reve

21/08/2017 10:35:02 AM | Posted in Commodities Reports read full news
It has rebounded towards upper resistance trend line at 1300 - Enrich Commodities

GOLD

Gold on 18th August 2017, Gold prices up by (12) pts closed at 29163 trading range between 29075 - 29443 and December Comex Gold futures settled at $1291.60 division of the New York Mercantile Exchange.

Gold prices dipped lower on Friday after reaching the highest level in nine months earlier despite issues over U.S. political uncertaint

21/08/2017 10:31:12 AM | Posted in Commodities Reports read full news
Buy Silver SEP 2017 @ 38850 SL 38600 TGT 39300-39640 - Kedia Commodity

GOLD

Gold on MCX settled up 0.69% at 29151 rose as US stocks tumbled and geopolitical concerns were again on the forefront Dec. Meanwhile, President Trump's controversial remarks threaten to further derail his pro-growth agenda. Gold prices also seen support after the minutes of the Fed’s July meeting showed members were concerned about raisi

18/08/2017 5:16:21 PM | Posted in Commodities Reports read full news
Crude Oil futures struggled despite hefty weekly decline in US crude oil inventories - IIFL

Commodities

Gold prices traded on a firm note,underpinnted by legislative paralysis in US,where more Republicans are turning to be dissidents of President Trump.Earlier,speculation was rife regarding the resignation of National Economic Council director Gary Cohn.This can prove to be major upset for Trump administration given that Cohn plays a crucial

18/08/2017 12:00:23 PM | Posted in Commodities Reports read full news
Nickel too rallied by more than 3 percent on the LME to touch highs of $10645/t levels - Angel Commodities

Below is the View On Bull run in metals far from over by Ms. Kaynat Chainwala (Research Analyst- Base Metals, Angel Commodities Broking):

“Rally in the industrial metals space refuses to cease and the latest bout came from hike in Steel trading prices on the Shanghai Shanghai Futures Exchange. Last week, the China Iron and Steel Associa

Buy Gold Oct 2017 @ 29050 SL 28950 TGT 29160-29320 - Kedia Commodity

GOLD

Gold on MCX settled down -0.44% at 28952 as investors looked ahead to minutes of the Federal Reserve’s latest policy meeting for further hints on the timing of the next U.S. rate hike. The U.S. dollar was on the defensive on Thursday after the minutes from the Federal Reserve's last policy meeting showed policymakers were increasingly wa

17/08/2017 3:35:29 PM | Posted in Commodities Reports read full news
Copper trading range for the day is 404.3-429.5 - Kedia Commodity

Gold

Gold on MCX settled down -0.44% at 28952 as investors looked ahead to minutes of the Federal Reserve’s latest policy meeting for further hints on the timing of the next U.S. rate hike. The U.S. dollar was on the defensive on Thursday after the minutes from the Federal Reserve's last policy meeting showed policymakers were increasingly wa

17/08/2017 11:49:32 AM | Posted in Commodities Reports read full news
The current prices of the Crude oil daily chart closed below 200 day - Enrich Commodities

CRUDE OIL

Crude Oil on 16th August 2017, Crude Oil August futures prices down by (-62) pts (-2.02%) closed at 3008, trading range between 3003 – 3085. Crude oil for September delivery on the New York Mercantile Exchange settled at $46.78 a barrel.

Crude futures dipped lower on Wednesday, the third straight day and edge up on Thursday mo

17/08/2017 10:03:32 AM | Posted in Commodities Reports read full news
The Long term 100-day moving average of gold prices crossed above the Short term 50-day - Enrich Commodities

GOLD

Gold on 16th August 2017, Gold prices down by (-128) pts closed at 28952 trading range between 28800 - 28970 and December Comex Gold futures settled at $1282.90 division of the New York Mercantile Exchange.

Gold prices traded higher on Wednesday as traders looked ahead to the minutes from the Federal Reserve’s July meeting for inpu

17/08/2017 9:59:21 AM | Posted in Commodities Reports read full news
Evening Update For 16th August 2017 - Angel Commodities

News and Analysis

* FOMC meeting minutes to be released tonight

* Base metals rally on steel demand prospects

* LME Copper stocks fell 0.7 percent on Tuesday

European markets are trading higher today as favorable Eurozone flash GDP boosted region’s growth outlook. Asian markets are trading mixed and the US stock fut

16/08/2017 5:46:11 PM | Posted in Commodities Reports read full news