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Category Archives: Daily Commodity Market Levels

CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 11 FEB 2019

Base Metals Preview: Copper Corrects On Friday COMEX Copper rose further last week, hitting fresh two month high even as equities remained choppy. The metal corrected on Friday though as US stocks ended marginally lower on lingering concerns about a potential trade deal between the US and China. The commodity closed at $2.81 per pound,

CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 8 FEB 2019

Gold Sees Steady Fund Flows. COMEX Gold recovered in intraday moves yesterday. The commodity started on a soft note amid broad dollar strength as the US Dollar Index soared to a fresh 2 week of 96.50, rising for sixth consecutive session. The yellow metal cut losses on signs of steady fund buying though. Weak equities

CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 7 FEB 2019

COMEX Gold Tumbles As Slide From Eight Month High Extended COMEX Gold futures tumbled after correcting from an eight month high as the US dollar edged up and buying remained limited in the yellow metal following recent gains. The US dollar index rose for a fourth straight session today, extending a recovery from three week

CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 6 FEB 2019

Gold Sees Flat Moves COMEX Gold saw some selling pressure after hitting near eight month highs. US stock markets extended winning spree though, the global equity investors remained concerned about growth in China, capping downside in the yellow metal. COMEX Gold futures currently trade at $1318 per ounce, flat on the day. MCX Gold futures

CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 5 FEB 2019

  PRECIOUS METALS CS GOLD (APR) OVERVIEW: TREND : BULLISH RESIST 2: 33800 RESIST 1: 33600 SUP 1: 33300 SUP 2: 33100 CS SILVER (MAR) OVERVIEW: TREND : BULLISH RESIST 2: 41000 RESIST 1: 40700 SUP 1: 40300 SUP 2: 40000 BASE METALS CS COPPER (FEB) OVERVIEW: TREND : BULLISH RESIST 2: 450.00 RESIST 1:

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 4 FEB 2019

Gold Well Supported, Local Futures Above Rs 30400 Level COMEX Gold futures soared to eight month highs above $1320 per ounce last week as the US Fed pledged a dovish stance in its latest meeting after keeping the interest rates steady. Weakness in the US dollar also supported the metal.Gold has been well supported after

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