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Category Archives: Daily Commodity Market Strategy

CAPITALSTARS – MCX COMMODITY EVENING MARKET NEWS UPDATES – 11 DEC 2018

BULLION:- Gold prices edged higher on Tuesday, supported by hopes that the U.S. Federal Reserve could pause its rate hike cycle sooner than expected and as the dollar slipped after the previous session’s rally.”Weakening U.S. dollar outlook and very dovish pivots from the Fed, a lot of uncertainty boxed around equity markets… It can still

CAPITALSTARS – MCX COMMODITY EVENING MARKET NEWS UPDATES – 10 DEC 2018

BULLION:- Gold held near a five-month peak on Monday as a slide in global shares pushed investors to seek shelter in bullion, while waning expectations of U.S. interest rate hikes next year also underpinned the metal’s appeal. Losses in global stock markets snowballed on Monday on worries over slowing growth and fears that a rise

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 10 DEC 2018

BULLION:- Gold traded firm near a five-month peak hit early on Monday, supported by a disappointing U.S. jobs data that fuelled speculation that the Federal Reserve may stop raising interest rates sooner than expected. The dollar slipped against the yen and the euro, while stocks extended their slump as worries over U.S.-China trade tensions battered

CAPITALSTARS – MCX COMMODITY EVENING MARKET NEWS UPDATES – 07 DEC 2018

BULLION:- Gold prices edged higher on Friday and were on track for their best week in 15, as the dollar weakened on renewed speculation of an imminent pause in the U.S. Federal Reserve’s tightening cycle. Markets now await U.S. nonfarm payrolls data, expected at 0830 ET (1330 GMT), for clues about the health of the

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 07 DEC 2018

BULLION:- Gold prices rose slightly on Friday and were headed for their best week in 15, as the dollar weakened following a decline in U.S. Treasury yields, while investors awaited U.S. nonfarm payroll data for clues about the health of the world’s top economy. Atlanta Federal Reserve bank president Raphael Bostic on Thursday said he

CAPITALSTARS – MCX COMMODITY EVENING MARKET NEWS UPDATES – 06 DEC 2018

BULLION:- Gold prices edged lower on Thursday in range-bound trade as investors booked profits and the dollar strengthened, while palladium fell from a record high hit in the previous session. “Gold has been near key levels of $1,240, so there might be some technical-level profit-taking,” said Hareesh V, head of commodity research at Geojit Financial

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