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Category Archives: Daily Commodity Market Levels

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 20 JULY 2018

  Gold Prices Slip Despite Weaker Dollar. Gold prices dropped to a one-year low on Friday. Despite a stock market and dollar index dip after U.S. President Donald Trump criticized the central bank’s decision in raising interest rate, which would normally signal a move higher for the yellow metal, gold prices also headed down. “I

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 19 JULY 2018

Gold Remains Near One-Year Low. Gold prices were steady near a one-year low on Wednesday as a higher dollar and comments from Federal Reserve Chair Jerome Powell continued to weigh. Powell reiterated the central bank should gradually increase interest rates at his hearing at Congress on Tuesday. Trade tensions and fiscal policy made the future

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 18 JULY 2018

Gold Prices Edge Lower After Fed Comments. Gold Prices were slightly lower on Wednesday and hovered near a one-year low as the dollar strengthened following Federal Reserve Chairman Jerome Powell’s comments on Tuesday that reinforced views the central bank is on track to gradually raise interest rates. A U.S. central banker said on Tuesday that

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 17 JULY 2018

Gold Falls as Lower Dollar, Data Weigh. Gold prices inched down on Monday, despite a lower U.S. dollar as data supported expectations of a Fed interest rate increase. Gold was weighed down by economic data pointing to an increase in Federal Reserve interest rates. Retail sales increased by 0.5% for the fifth month in a

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 16 JULY 2018

Gold prices slipped as the dollar gains amid a strong U.S. inflation report and continued trade war concerns were cited as tailwind for the greenback. Gold on MCX settled down -0.14% at 30105 as the dollar rose due to easing trade tensions and weak demand for the precious metal due to expectations of higher interest

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 13 JULY 2018

Metal Prices in Rebound Mode; Gold Prices Edge Higher. Gold prices steadied Thursday, as the dollar gave up some of its gains, while easing trade-war concerns prompted traders to cut bearish bets on other metals. Gold prices moved off seven-month lows as the dollar struggled to hold gains, hovering just above the flatline, after data

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