February 22, 2018

MCX COMMODITY MARKET NEWS & LEVELS – 21 NOV 2016

November 21, 2016 2:22 pm    Posted by    NEWS    , , , , , , ,

HIGH LIGHTS:- Gold December contract has declined around a percent at $ 1,208 an ounce. Oil prices climb on expectation of OPEC-led output cut. Anglo American Restarts Los Bronces Copper Mine. PRECIOUS METALS:-  Gold prices fell to the lowest level ...

GOLD SELLS AT HUGE DISCOUNT; PRICE FALLS TO 4-MONTH LOW

November 19, 2016 10:56 am    Posted by    NEWS    , , , , , , ,

With international gold price falling to the lowest since late May, gold price in India was on Friday quoted in discount of $5-$10 per ounce from the premium seen in the past few days. After demonitisation, around $1 billion worth ...

November 17, 2016 12:55 pm    Posted by    NEWS    , , , , , , ,

HIGH LIGHTS:- NYMEX crude trades weaker in Asia on U.S. inventories, OPEC awaited. Gold prices gain in Asia as support continues despite Fed hike views. LME Copper to Remain on the Downward Track. PRECIOUS METALS:–  Gold gained in Asia on ...

MCX COMMODITY LATEST UPDATES – 16 NOV 2016

November 16, 2016 2:21 pm    Posted by    NEWS    , , , , , , ,

CRUDE OIL: Oil Prices Jump on OPEC Hopes but To Where? Yesterday, there was a growing speculation in the market that there were hectic discussions happening in the background to try and chalk out a deal. The main purpose of ...

TRUMP ELECTION TO HAVE IMPLICATIONS FOR COMMODITIES

November 15, 2016 3:02 pm    Posted by    NEWS    , , , , , , ,

President-elect Donald Trump’s policies will eventually have important implications for commodity markets, said Barclays in a research note. “On the environment, he is a known climate-change denier and promises the country’s environmental agenda will be guided by ‘true specialists in ...

CRACKDOWN ON GOLD TRADERS: NOV 15 MAY BE LAST DAY FOR JEWELLERS TO DEPOSIT OLD NOTES

November 14, 2016 12:26 pm    Posted by    NEWS    , , , , , , ,

The gold and jewellery route has been followed by persons with black money to convert their Rs 500 and Rs 1,000 notes at a haircut of 20-40%.  Jewellers on condition of anonymity have revealed that some were selling 10 gms ...

DAILY MCX COMMODITY MARKET NEWS & LEVELS – 10 NOV 2016

November 10, 2016 2:15 pm    Posted by    NEWS    , , , , , , ,

HIGH LIGHTS:- Brent, NYMEX down in Asia on U.S. stockpiles build, Trump policies eyed. Gold prices higher in Asia on Fed views in wake of Trump victory. Why Copper Surge after Trump’s Victory? Banks Views. PRECIOUS METALS:-  Gold prices gained ...

GOLD DIPS ON FIRM DOLLAR; U.S. ELECTION CONCERNS SEEN LIFTING DEMAND

November 4, 2016 2:52 pm    Posted by    TIPS    , , , , , , ,

Gold eased on Friday as the dollar firmed ahead of U.S. jobs data, but looked set for a weekly gain of nearly 2 percent, while investor appetite for the safe-haven asset stayed intact over signs of a close-run U.S. presidential ...

MCX COMMODITY MARKET NEWS – 02 NOV 2016

November 2, 2016 1:36 pm    Posted by    TIPS    , , , , , , ,

Gold Gold on MCX settled up 1.12% at 30285 as concerns over the outcome of the U.S. election sparked losses in stocks and the dollar, prompting investors to seek out precious metals as a haven from risk. Markets were rattled ...

DHANTERAS JEWELLERY SALES CLIMB 30-50%

October 29, 2016 12:04 pm    Posted by    NEWS    , , , , , , ,

Gold sales jumped 30-50 per cent on Dhanteras as the metal’s price stabilised below its peak. Retailers witnessed a surge in demand for coins and ornaments with PC Jeweller and Gitanjali Gems expecting 85 per cent business from this segment. ...

MCX COMMODITY MARKET NEWS & LEVELS – 24 OCT 2016

October 24, 2016 2:20 pm    Posted by    NEWS    , , , , , , ,

HIGH LIGHTS:- LME Copper to Move in a Tight Range. Brent, NYMEX weaker in Asia as oversupply views dominate. Gold trades in narrow range in Asia with India domestic demand eyed. PRECIOUS METALS:-  Gold prices traded in a narrow range ...

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