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Category Archives: Daily Commodity Market Levels

DAILY MCX COMMODITY MARKET NEWS & LEVELS – 20 NOV 2017

Gold Prices Dip In Asia As Risk Trade Eases, Copper Down On China Houses Data. Gold prices dipped in Asia on Monday as risk trade eased for now and investors awaited more insight on U.S. tax cut plans and related Fed policy. At the weekend, China reported home prices in major Chinese cities remained mostly

DAILY MCX COMMODITY MARKET NEWS & LEVELS – 17 NOV 2017

Gold Gains In Asia As US Tax Cut Views Stoke Inflation Concerns. Gold prices edged up in Asia as U.S. tax cuts move closer to passage, raising inflation concerns for some investors. Overnight, gold prices were roughly unchanged on Thursday as the recent trend of flattening yields faded but downside momentum was capped by dollar

DAILY MCX COMMODITY MARKET NEWS & LEVELS – 16 NOV 2017

Gold Prices Gain In Asia As Investors Stake Positions On Inflation Views – Gold prices edged higher in Asia on Thursday with the ongoing debate about inflation prospects in the year ahead driving sentiment. Overnight, gold prices fell on Wednesday after the dollar moved off intraday lows on signs that fourth quarter economic growth remained

DAILY MCX COMMODITY MARKET NEWS & LEVELS – 15 NOV 2017

Gold Prices Dip In Asia On Global Interest Rate Views Remain Mixed.  Gold prices eased in Asia on Wednesday as investors continue to see uncertainty about next year’s outlook for interest rates in the U.S. and Europe. Four of the world’s top central bankers promised on Tuesday to keep openly guiding investors about future policy

DAILY MCX COMMODITY MARKET NEWS & LEVELS – 14 NOV 2017

Gold Dips In Asia As China Retail, Industrial Data Weaker Than Seen. Gold edged weaker in Asia on Tuesday with sentiment mixed after weaker that expected retail sales and industrial output in China. Overnight, gold prices rose on Monday amid an uptick in safe-haven demand as investor uncertainty over the outcome of tax reform continued

DAILY MCX COMMODITY MARKET NEWS & LEVELS – 13 NOV 2017

Gold prices turned lower as U.S. Treasury bond yields rose. Gold prices turned lower as U.S. Treasury bond yields rose, but losses were limited by weaker stock markets and the dollar, which fell due to uncertainty over U.S. tax reform. The dollar was set for its first weekly fall in a month as disappointment that

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