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Category Archives: Daily Commodity Market Strategy

CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 12 FEBRUARY 2020

MCX MORNING UPDATE BULLION – Bullion counter can some selling pressure at higher levels. Gold prices were flat on Wednesday as equities ticked up after China’s senior medical adviser suggested the coronavirus epidemic may be over by April, although uncertainty over the impact of the outbreak supported the safe-haven metal. China’s senior medical adviser said

CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 11 FEBRUARY 2020

MCX MORNING UPDATE BULLION – Bullion counter can some profit booking at higher levels. Gold prices held steady on Tuesday after climbing to a one-week peak in the previous session, as concerns about the coronavirus epidemic that has claimed more than 1,000 lives in China offset an uptick in equities. Asian shares inched higher on

CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 10 FEBRUARY 2020

MCX MORNING UPDATE BULLION – Bullion counter can some profit booking at higher levels. Gold prices edged up recently as rising concerns over the new coronavirus and its impact on global growth outweighed encouraging U.S. economic data and drove purchases of the metal. An advance team of international experts led by the World Health Organization

CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 07 FEBRUARY 2020

MCX MORNING UPDATE BULLION – Bullion counter can witness sideways movement as gold prices edged higher on Friday as fears over a rapidly spreading coronavirus outbreak and its economic impact fuelled safe-haven buying. However, China’s move to cut tariffs on some U.S. imports that sent global stock markets higher in the previous session weighed on

CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 06 FEBRUARY 2020

MCX MORNING UPDATE BULLION – Bullion counter can witness sideways movement as gold prices were little changed on Thursday as strong U.S. economic data was offset by fears over a rapidly spreading coronavirus outbreak and its impact on the global economy. Positive data from the United States such as the rise in January private payrolls

CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 05 FEBRUARY 2020

MCX MORNING UPDATE BULLION – Bullion counter can witness short covering after recent fall as gold prices inched up on Wednesday after a sharp drop in the previous session, as a virus outbreak from China spread further and the death toll neared 500, although risk appetite was buoyed by Beijing’s efforts to mitigate its economic

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