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Category Archives: Daily Commodity Market Levels

CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 22 July 2019

Base Metals Preview: Copper Tests Highs Above Rs 460 Per Kg COMEX Copper futures soared to two and half month high on weak US dollar and excellent buying support. The metal ended at $2.74 per pound, up 1.18% on the day. MCX Copper futures also edged up and tested highs above Rs 460 per kg.

CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 19 July 2019

Energy Preview: WTI Crude Rebounds From One Month Low WTI Crude oil fell near one month low yesterday before recovering and currently trades up 1.60% at $56.19 per barrel in Asia. Prices slipped this week on corrective selling. Large energy speculators trimmed their bullish net positions in the WTI Crude Oil futures markets last week,

CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 18 July 2019

Base Metals Preview: MCX Nickel Set To Soar As Shanghai Futures Jump 4% MCX Nickel prices are set to jump even more today on bullish global cues. The metal soared as traders eyed a short term squeeze in supplies following a large earthquake in Indonesia, a leading global producer of the metal. Nickel futures in

CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 17 July 2019

Energy Preview: Crude Tumbles More Than 3% On MCX WTI Crude oil tumbled after US President Donald Trump said some progress has been made in talks with Iran, signalling tensions could ease between the nations. Oil also eyed a firm undertone in the US dollar. WTI futures slipped nearly 2% yesterday and currently trade at

CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 16 July 2019

Base Metals Preview: Copper Set To Correct From Two Week High Copper is showing signs of correction after hitting two week highs of $2.72 per pound. China’s unwrought copper imports in June fell 27.2% from a year earlier, official data showed that as a slowdown in the world’s second biggest economy continues to weigh on

CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 15 July 2019

Precious Metals Preview: Gold Sees Flat Moves As US Stocks Hit Fresh Highs Gold is consolidating amid soaring global equities after hitting one week high near $1430 per ounce. Extending the upward trend seen over the past few sessions, the US stocks jumped to fresh record highs on Friday. The Dow rose 243.95 points or

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