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Category Archives: Daily Commodity Market Strategy

CAPITALSTARS – MCX NEWS UPDATE : Gold Prices Jumped More than 1% on Monday : 16 SEP 2019

MCX MORNING UPDATES BULLION – Bullion counter may trade with upside bias as gold prices jumped more than 1% on Monday as investors scurried for safe-haven assets after weekend attacks on Saudi Arabia oil facilities risked disrupting global energy supplies and increasing tensions in the Middle East. U.S. President Donald Trump said on Sunday the

CAPITALSTARS – MCX NEWS UPDATE : Gold Prices Were Little Changed on Friday : 13 SEP 2019

MCX MORNING UPDATES BULLION – Bullion counter may trade with sideways bias as gold prices were little changed on Friday, on track for a third weekly decline as optimism over the U.S.-China trade talk fanned risk sentiment. Hopes of progressing trade talks kept risk appetite up, after U.S. President Donald Trump said on Thursday he

CAPITALSTARS – MCX NEWS UPDATE : Gold Prices Fell on Thursday

MCX MORNING UPDATES BULLION – Bullion counter may trade with weak bias as gold prices fell on Thursday as equities gained on improving risk sentiment buoyed by signs of gradual de-escalation in U.S.-China trade tensions, while investors eyed European Central Bank’s meeting for cues on monetary policy easing. U.S. President Donald Trump on Wednesday welcomed

CAPITALSTARS – MCX NEWS UPDATE : Gold prices hovered near a four-week low hit in the previous session : 11 Sep 2019

MCX MORNING UPDATES BULLION – Bullion counter may trade with weak bias. Gold prices hovered near a four-week low hit in the previous session as risk appetite improved amid hopes of an interest rate cut by the European Central Bank and fiscal stimulus measures from Germany, Europe largest economy. A senior White House adviser tamped

CAPITALSTARS – MCX NEWS UPDATE : 09 Sep 2019

Precious Metals Preview: Gold Supported By Tepid US Jobs Data. COMEX Gold futures added to latest losses in last session as equities surged. Yellow metal fell sharply earlier in the week on signs of easing US-China trade tensions. COMEX Gold closed down 0.67% at $1515 per ounce, trimming some losses after a weak US nonfarm

CAPITALSTARS – MCX NEWS UPDATE : Gold Prices Inched lower on Friday : 06 Sep 2019

MCX MORNING UPDATES BULLION – Bullion counter may trade with weak bias as gold prices inched lower on Friday, after dropping more than 2% in the previous session, as investors were driven to riskier assets encouraged by stronger U.S. economic data and hopes of a thaw in the U.S.- China trade tensions. Prices also registered

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