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Category Archives: Daily Commodity Market Strategy

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES GOLD PRICES FIRMED ON MONDAY – 25 MARCH 2019

BULLION – Bullion counter may trade with positive bias. Gold prices firmed on Monday as concerns about a potential U.S. recession and decelerating global growth weighed on stock markets, which increased appetite for safer assets. Investors dumped shares on Monday and fled to the safety of bonds, while the Japanese yen hovered near a six-week

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS GOLD EXTENDED LOSSES ON FRIDAY UPDATES –22 MARCH 2019

BULLION – Bullion counter may trade with sideways bias. Gold extended losses on Friday, moving further away from a three-week peak hit in the previous session, as appetite for riskier assets improved on upbeat U.S. economic data, while the metal was still on path for a third straight weekly gain. U.S. data showed jobless benefit

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES –20 MARCH 2019

Bullions: Bullion counter may trade with sideways to negative bias as gold prices snapped three consecutive sessions of gains on Wednesday as the dollar firmed, while investors awaited the results of the U.S. Federal Reserve’s policy meeting later in the day. Major currencies stuck to tight ranges in early Asian trading on Wednesday as investors

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES –19 MARCH 2019

Market Update (Bullions) Bullion counter may trade with sideways to positive bias as old prices rose for a third consecutive session on Tuesday as the dollar weakened on expectations that the U.S. Federal Reserve will maintain a dovish tone at its monetary policy meeting this week. Traders currently expect there will be no U.S. rate

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES –18 MARCH 2019

BULLION: Bullion counter may trade with sideways to weak bias as gold prices slipped on Monday as equity markets gained and the dollar steadied ahead of a U.S. Federal Reserve policy meeting later this week. There is much talk Fed policymakers will lower their interest rate forecasts, or dot plots, to show little or no

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES –15 MARCH 2019

Bullions: Bullion counter may trade with weak bias but short covering at lower levels can be seen. Gold can slip lower towards 31700. Silver can take support near 37800 and resistance near 38300. Gold prices edged down on Friday after slipping below the key $1,300 level in the previous session, pressured by improving appetite for

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