January 22, 2017

OIL PRICES JUMP 2 PERCENT AHEAD OF PRODUCERS’ COMPLIANCE MEETING

January 21, 2017 12:30 pm    Posted by    NEWS    , , , , , , , 0

Oil prices rose more than 2 percent on Friday on expectations that this weekend’s meeting of the world’s top oil producers would demonstrate compliance to a global output cut deal, but rising U.S. drilling activity limited gains. Members of the ...

MCX COMMODITY MARKET NEWS UPDATES – 20 JAN 2017

January 20, 2017 4:27 pm    Posted by    NEWS    , , , , , , , 0

COPPER: Pan Pacific Copper Agreed on 5% Cut in Copper Concentrate Term TC/RCs for in 2017. Japan-based Pan Pacific Copper agreed on a 5% cut on term copper concentrate TC/RCs to $92.50 per tonne and 9.25 cent per pound in ...

MCX COMMODITY MARKET NEWS & LEVELS – 19 JAN 2017

January 19, 2017 12:43 pm    Posted by    NEWS    , , , , , , ,

HIGHLIGHT Gold gains in Asia as Yellen comments on rate outlook shrugged off. Gold prices shrugged off a mildly hawkish views on the prospect for interest rate hikes by the Fed Chief and rose in Asia on Thursday with investors ...

MCX COMMODITY MARKET TIPS & LEVELS – 16 JAN 2017

January 16, 2017 2:12 pm    Posted by    NEWS    , , , , , , ,

HIGH LIGHTS:- SHFE Copper to See Range-Bound Trading. Oil prices edge up on weaker dollar, expected crude output cuts. Gold gains in Asia as investors seek safety on Brexit, Trump concerns. PRECIOUS METALS:-  Gold prices gain on Monday in Asia ...

MCX COMMODITY MARKET TIPS & LEVELS – 10 JAN 2017

January 10, 2017 2:11 pm    Posted by    NEWS    , , , , , , ,

HIGH LIGHTS:- Oil recovers some previous losses, but doubts over supply cuts linger. Copper jumps in Asia after China prices, gold gains. Gold settled down by 0.24% on Monday PRECIOUS METALS:-  Gold markets appear to be gearing up for the ...

MCX COMMODITY MARKET TIPS & LEVELS – 06 JAN 2017

January 6, 2017 12:57 pm    Posted by    NEWS    , , , , , , ,

HIGH LIGHTS:- Gold prices edge up in Asia as U.S, jobs data ahead. Oil steady after Saudis, Abu Dhabi cut supplies. LME Copper to Remain Range-Bound Trading. PRECIOUS METALS:-  Gold prices edged higher in Asia on Friday with jobs data ...

MCX COMMODITY MARKET NEWS & LEVELS – 03 JAN 2017

January 3, 2017 12:36 pm    Posted by    NEWS    , , , , , , ,

HIGH LIGHTS:- Copper jumps in Asia after Caixin data. Gold up solidly on geopolitics. Oil prices rise as markets eye OPEC, non-OPEC production cuts. PRECIOUS METALS:-  Gold prices gained solidly on Tuesday and copper jumped as a private manufacturing survey ...

MCX COMMODITY MARKET NEWS & LEVELS – 02 JAN 2017

January 2, 2017 12:45 pm    Posted by    NEWS    , , , , , , ,

HIGH LIGHTS:- NYMEX crude gains in holiday-thinned Asian trade. Gold prices decline on Friday. PRECIOUS METALS:-  The price of gold declined on intraday trading on Friday, but is still on track to finish the year with a 6% increase. Gold ...

OIL DOWN, BUT ENDS YEAR WITH BIGGEST GAIN SINCE 2009

December 31, 2016 12:22 pm    Posted by    NEWS    , , , , , , ,

Oil prices settled slightly lower on Friday, the year’s last trading day, but attained their biggest annual gain since 2009, after OPEC and partners agreed to cut output to reduce a supply overhang that has depressed prices for two years. ...

MCX COMMODITY MARKET NEWS & LEVELS – 30 DEC 2016

December 30, 2016 12:50 pm    Posted by    NEWS    , , , , , , ,

HIGH LIGHTS:- Oil prices on track for greatest yearly percentage gain since 2009. Chile Copper Output Slid 1.3% YoY in November. Gold rises to 2-week high as dollar, stocks ease. PRECIOUS METALS:-  Gold prices rose to a two-week high amid ...

MCX COMMODITY MARKET NEWS & LEVELS – 29 DEC 2016

December 29, 2016 12:36 pm    Posted by    NEWS    , , , , , , ,

HIGH LIGHTS:- Gold, dollar up on Wednesday. LME Copper to See Range-Bound Trading. Oil prices fall on surprise build in U.S. crude stocks. PRECIOUS METALS:-  The price of gold increased considerably today, even though the dollar gained against the euro, ...

MCX COMMODITY MARKET NEWS & LEVELS – 28 DEC 2016

December 28, 2016 2:19 pm    Posted by    TIPS    , , , , , , ,

HIGH LIGHTS:- Gold, silver settled higher on Tuesday. SHFE Copper to Strengthen. Oil prices edge down ahead of OPEC, non-OPEC production cuts. PRECIOUS METALS:-  The prices of gold and silver settled higher today on Wall Street. The price of gold ...

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