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Category Archives: Daily Commodity Market Levels

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

Copper Edges Up Near Three Week High COMEX Copper edged up to a three week high before easing slightly. On the economic front, the Philly Fed said its index for current manufacturing activity in the region jumped to 17.0 in January from 9.1 in December, with a positive reading indicating growth. Eurozone inflation slowed to

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 17 JAN 2019

MCX Gold Approaches Rs 32300 Levels COMEX Gold was locked in a choppy trading pattern as strength in US stock markets capped the gains. The metal currently trades at $1292.40 per ounce, down 0.10% on the day. COMEX Gold stayed well supported last week as buying stayed in place following upbeat comments from the World

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 16 JAN 2019

Gold Looks Supported On Brexit Uncertainty COMEX Gold futures saw flat moves yesterday as some profit selling emerged in the yellow metal amid a firm undertone in equities. However, sentiments now appear supported after British lawmakers overwhelmingly rejected Prime Minister Theresa May’s seperation deal with the European Union on Tuesday, plunging the Brexit process into

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

Gold Garner’s Steady Gains Gold gained yesterday on safe haven buying as the equities dropped globally and follow up buying stayed in place in the yellow metal. China’s exports and imports in December declined at the worst rates in two years, raising fresh concerns about global growth. Brexit concerns also lingered ahead of Tuesday’s key

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 26 DEC 2018

Gold hits 6-month peak on stock sell-off, decelerating economy. Gold rose 1 percent to scale a six-month peak on Monday as sliding stock markets and concerns about a global economic slowdown sapped risk sentiment, driving investors to seek safety in the precious metal. “Gold has continued to be firm here in the course of equity

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 24 DEC 2018

Gold down on profit-taking but on track for weekly rise. Gold fell on profit-taking on Friday, a day after bullion touched a near six-month high and the dollar rebounded, but the metal stayed on track for a weekly gain as the appetite for risk waned. “There was some profit-taking as the US dollar remains resilient,”

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