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Category Archives: Daily Commodity Market Strategy

CAPITALSTARS – MCX COMMODITY NEWS UPDATE – GOLD PRICES ROSE ON MONDAY –27 May 2019

BULLION – Bullion counter may trade with upside bias as gold prices rose on Monday amid concerns the Sino-U.S. trade war had started to take its toll on the U.S. economy, weakening the dollar and raising hopes of a U.S. Federal Reserve interest rate cut. The U.S. dollar was little changed against a basket of

CAPITALSTARS – MCX COMMODITY NEWS UPDATE – GOLD PRICES HELD STEADY ON FRIDAY –24 May 2019

Daily Metal and Energy Outlook 24 May 2019 BULLION – Bullion counter may trade with upside bias as gold prices held steady on Friday after rising above $1,280 in the previous session as weaker U.S. data pushed back the dollar and reignited hopes of a rate cut by the Federal Reserve this year. The U.S.

CAPITALSTARS – MCX COMMODITY NEWS UPDATE – GOLD PRICES WERE STEADY ON THURSDAY –23 May 2019

Daily Metal and Energy Outlook 23 May 2019 BULLION – Bullion counter may trade with sideways to weak bias as gold prices were steady on Thursday, as simmering Sino-U.S. trade tensions underpinned the dollar, while bullion investors looked for a direction after the minutes of the U.S. Federal Reserve meeting indicated that there was no

CAPITALSTARS – MCX COMMODITY NEWS UPDATE – GOLD STEADIED ON WEDNESDAY –22 May 2019

Daily Metal and Energy Outlook 22 May 2019 BULLION – Bullion counter may trade with sideways bias as gold steadied on Wednesday after falling to a more than two-week low in the previous session, as a stronger dollar dented demand for bullion ahead of the release of minutes from the U.S. Federal Reserve latest meeting.

CAPITALSTARS – MCX COMMODITY NEWS UPDATE – GOLD EASED ON TUESDAY –21 May 2019

Daily Metal and Energy Outlook 21 May 2019 BULLION – Bullion counter may trade on weaker bias as gold eased on Tuesday after touching a more than two-week low in the previous session, as strong dollar diminished bullion safe-haven appeal amid heightening Sino-U.S. trade tensions. The dollar held near a 2-1/2-week high on Tuesday, supported

CAPITALSTARS – MCX COMMODITY NEWS UPDATE – GOLD STEADIED ON MONDAY –20 May 2019

Daily Metal and Energy Outlook 20 May 2019 BULLION – Bullion counter may trade on weaker bias on stronger local currency rupee amid expectation of clear majority to the present government in the exit polls. Gold steadied on Monday after four days of falls, as a Sino-U.S. trade dispute aggravated by a Huawei ban and

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