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Category Archives: Daily Commodity Market Levels

MCX COMMODITY MARKET NEWS & LEVELS – 21 FEB 2017

Gold prices edge down in Asia, but copper firm as supplies eyed.   Gold prices dipped in Asia on Tuesday, but copper held gains as investors eye the potential for a prolonged supply disruption from two of the world’s major mines. Gold for April delivery on the Comex division of the New York Mercantile Exchange

MCX COMMODITY MARKET NEWS & LEVELS – 20 FEB 2017

Gold down slightly in Asia on Master views, U.S. public holiday ahead.   Gold prices eased slightly in Asia on Monday after a further signal that a rate hike in March is a solid possibility in otherwise light trade with U.S. markets shut for a holiday. Gold for February delivery eased 0.37% to $1,234.555 on

MCX COMMODITY MARKET NEWS & LEVELS – 17 FEB 2017

Gold dips in Asia, on mine labor issues.   Gold for April delivery on the Comex division of the New York Mercantile Exchange fell 0.17% to $1,239.55 a troy ounce, while silver futures for March delivery dipped 0.12% to $18.053 a troy ounce. Overnight, gold prices added to overnight gains on Thursday, hitting a one-week

Mcx Commodity Market News & Levels – 16 FEB 2017

Gold prices gain in Asia as Dudley views on rates shrugged off.  Gold prices gained in Asia on Thursday, shrugging off remarks by a key Fed policymaker that rates could soon rise going by current economic signals. Gold for April delivery on the Comex division of the New York Mercantile Exchange rose 0.34% to $1.237.25

MCX COMMODITY MARKET NEWS & LEVELS – 15 FEB 2017

Gold gains in Asia as Fed chief comments to Congress noted.   Gold prices gained in Asia on Wednesday despite mildly hawkish comments by the Fed chief on the need to raise rates sooner rather than later. Gold for April delivery on the Comex division of the New York Mercantile Exchange gained 0.14% to $1,227.15

MCX COMMODITY MARKET NEWS & LEVELS – 14 FEB 2017

Gold prices stage minor recovery ahead of Yellen remarks.   Gold prices staged a minor comeback as pries ticked up in China and political risk remains a feature of the market with attention now turning to the U.S. Fed chief for a clearer view on the expected rate hike path this year. Gold for April

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