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Category Archives: Daily Commodity Market Levels

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 04 FEBRUARY 2020

Gold Tumbles More Than 1% On MCX. Gold fell in US trades amid supportive economic cues and positive mood in equities. COMEX Gold had jumped last week amid lingering concerns about the coronavirus outbreak. A deep slide in equities pushed up the COMEX Gold up to a three week high of $1589 per ounce. The

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 31 JANUARY 2020

Gold Falls In Asia As Demand Worries Weigh. Gold jumped yesterday as the World Health Organization declared the coronavirus outbreak a global health emergency. The US also confirmed its first human-to human transmission of the virus, which has killed 171 people in China and has spread to as many as 18 other countries. However, the

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 30 JANUARY 2020

COMEX Gold Sees Modest Recovery. COMEX Gold futures stayed mixed yesterday as falling US equities capped the downside. Gold jumped last week as Chinese authorities announced that the novel Coronavirus continues to accelerate. However, the Gold futures faced selling as worries over Indian demand also affected the mood. COMEX Gold futures are currently trading at

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 28 JANUARY 2020

Silver COT Longs See Decent Increase. Large precious metals speculators added to their bullish net positions in the Silver futures markets last week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. The non-commercial futures contracts of Silver futures, traded by large speculators and hedge

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 27 JANUARY 2020

Concerns Over Coronavirus Boosts Gold. COMEX Gold futures soared to fresh three week highs on Friday following a surge in worries over the spread of Coronavirus. Equities stayed nervous and the metal jumped for a second session to close at $1571 per ounce, up 0.36% on the day. MCX Gold futures closed at Rs 40355

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 24 JANUARY 2020

MCX Gold Breaks Well Above Rs 40K. COMEX Gold futures hit around two-week high on worries surrounding the spread of the coronavirus in China. However, the prices moderated after the World Health Organization said it is still too early to declare the outbreak a Public Health Emergency of International Concern. US equities saw a substantial

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