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Category Archives: Daily Commodity Market Levels

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS & LEVELS – 18 MAY 2018

Gold Prices Slips Amid Rising U.S. Treasury Yields, Stronger Dollar. Gold prices slipped on Friday in Asia amid rising U.S. treasury yields and a stronger dollar. Meanwhile, the dollar hovered near five-month highs well above the 93 level, after climbing to this year’s fresh high at 93.46 overnight. The US Dollar Index that tracks the

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS & LEVELS – 17 MAY 2018

Gold prices remained under pressure on surging U.S. bond yields and a stronger dollar. Gold on MCX settled down -0.57% at 30997 tracking weakness from Comex Gold price while fell sharply earlier in the week yesterday also settled at $1,291.50/oz tumbling to a 5-month low amid speculation the Federal Reserve will raise interest rates in

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS & LEVELS – 16 MAY 2018

Gold prices Recover After Sliding to New 2018 Low. Gold prices recovered slightly after sliding to the lowest level in 2018 earlier in the day amid surging U.S. treasury yields and a stronger dollar. Meanwhile, the US Dollar Index that tracks the greenback against a basket of six major currencies last stood at 93.20, up 0.06%. The dollar

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS & LEVELS – 15 MAY 2018

Gold Prices Fall Despite Weaker Dollar. Gold prices fell on Tuesday while the dollar also dropped slightly against the other major currencies. Gold prices were supported on safe-haven buying earlier in the day amid rising tension in Gaza, as Israeli troops shot dead dozens of Palestinian protesters on the Gaza border on Monday. “We’re seeing

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS & LEVELS – 14 MAY 2018

Gold buoyed by waning yields, but prices are backing under $1,320 as bulls pause. Gold kicked off the new week lifting into 1,322.00 as the US Dollar backs away from recent highs and US Treasury yields relax, but gold fiends couldn’t get the wheels turning and the precious metal is sinking back to last week’s

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS & LEVELS – 10 MAY 2018

Gold Prices Edge Up; Dollar Trades Sideways. Gold prices edged up on Thursday while the dollar traded sideways. Meanwhile, the U.S. dollar index that tracks the greenback against a basket of six major currencies last stood at 92.93, up 0.01%. The greenback reached this year’s new high on Wednesday at 93.22. On Tuesday, U.S President

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