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Category Archives: Daily Commodity Market Levels

MCX COMMODITY MARKET NEWS & LEVELS – 09 OCT 2017

Gold Prices Gain Smartly in Asia As China Returns from Week-Long Break. Gold prices jumped in Asia on Monday with China back after a week-long break bringing some heft to the market even as Japan, South Korea and Taiwan are shut for holidays. This week, Wednesday’s Fed minutes will be in focus for fresh indications

MCX COMMODITY MARKET NEWS & LEVELS – 06 OCT 2017

Gold Prices Down In Asia As Market Looks Ahead To US Nonfarm Payrolls. Gold prices dipped in Asia on Friday as investors awaited nonfarm payrolls in the U.S. even thought he data will likely be widely skewed by the effects of hurricanes in Texas and Florida. Overnight, gold prices traded below breakeven on Thursday, as

MCX COMMODITY MARKET NEWS & LEVELS – 05 OCT 2017

Gold Prices Inch Higher In Asia In Thin Trade With Key Markets Shut. Gold prices inched up in Asia on Thursday with markets this as Hong Kong, South Korea and China shut for holidays. Overnight, gold prices remained roughly unchanged on Wednesday as the dollar came under pressure following reports that a dovish Federal Reserve

MCX COMMODITY MARKET NEWS & LEVELS – 04 OCT 2017

Gold Gains In Asia Ahead OF Yellen Speech, Thin Regional Trade With China Shut. Gold prices gained in Asia on Wednesday with markets in China, Taiwan and South Korea shut for holidays and caution ahead of remarks later in the day from the U.S. central bank chief. Overnight, gold prices halted their recent slump after

MCX COMMODITY MARKET NEWS & LEVELS – 03 OCT 2017

Gold Prices Dip In Asia On Stronger Dollar And Weak China Demand. Gold prices dipped in Asia as overnight dollar gains extended into the region, making the greenback-denominated commodity more expensive and with demand weak as China markets are shut for a week-long holiday. Overnight, gold prices fell to seven week lows amid a dip

MCX COMMODITY MARKET NEWS & LEVELS – 29 SEP 2017

Gold Prices Dip In Asia With India In Focus As China Holidays Ahead – Gold prices fell slightly in Asia on Friday as investors looked for support from physical markets in India with China entering a week-long holiday period next month and trade expected to ease. India’s festival season gets in swing next month with demand

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