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Category Archives: Daily Commodity Market Levels

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 18 NOV 2019

Gold Weak On Record High Level For US Equities. COMEX Gold futures slipped as profit selling took charge in the commodity following a latest spurt to one week high. The US equities continue to linger around record highs as Gold traders are reluctant to push up the rally in the metal amid such a scenario.

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 15 NOV 2019

COMEX Gold Hits One Week High. COMEX Gold rose for a second session yesterday as the commodity continued to benefit from a cautious undertone in the global equities. Bargain buying also stayed in place after the metal tested a three month low earlier this week. The commodity hit one week high of $1475 per ounce

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 14 NOV 2019

Copper Ends Flat On MCX. Copper continued to see selling pressure amid weak equities. The COMEX Copper futures are currently trading at $2.64 per pound, up 0.15% on the day. The metal is off its two week low. MCX Copper futures closed flat around Rs 440 per kg. Tepid economic cues and weak equities weighed

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 13 NOV 2019

Gold Sees Modest Recovery. COMEX Gold futures saw some buying around three month low as worries over the US-China trade progress supported the metal. Prices have tanked in last few sessions amid profit selling pressure following the recent slide under $1500 per ounce mark. The firm undertone in US dollar also weighed on the market.

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 11 NOV 2019

Gold Tests Three Month Low. COMEX Gold slipped to a three month low of $1460 per ounce as rising risk appetite weighed on the yellow metal. Traders also eyed at steady mining supplies. Weak Indian demand trends and a slide under $1500 per ounce hurt the metal further. MCX Gold futures also fell sharply after

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 08 NOV 2019

Gold Falls Near Three Month Low. Gold dropped sharply, giving back its latest gains to test a three month low on hopes of improvement in global trade scenario. China’s Commerce Ministry stated today that the US and China have agreed to cancel existing tariffs in different phases. If China and the US reach phase one

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