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Category Archives: Daily Commodity Market Strategy

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES –12 FEB 2019

Market Update (Bullions) Bullion counter may remain sideways with negative bias as gold prices eased on Tuesday as investors sought safety in the dollar from a long-drawn U.S.-China trade war and its impact on the global economic growth. Investors are now focussed on the new round of trade talks between China and the United States

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES –11 FEB 2019

Market Update (Bullions) Bullion counter may trade in narrow range as gold prices held steady on Monday, supported by uncertainties around Sino-U.S. trade war and concerns of slowing global economic growth, while a strong dollar weighed on the precious metal. World stocks ended last week in the red amid uncertainty about global economic growth and

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 8 FEB 2019

Market Update (Bullions) Bullion counter may trade in narrow range as gold held steady on Friday on worries that a protracted Sino-U.S. trade war could worsen global economic slowdown, but a strong dollar put bullion on track for its first weekly loss in three. Gold (Apr) can face resistance near 33350 while it has support

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 7 FEB 2019

BULLION Gold (Apr) can face resistance near 33500 while taking support near 33180. Silver can face resistance near 40440 taking support near 39900. On the international market, Gold on Thursday held near one-week lows touched in the previous session amid a stronger dollar, but worries over slowing global economic growth and the spectre of another

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 6 FEB 2019

BULLION Bullion counter may trade in narrow range as gold prices held steady on Wednesday after rising 0.3 percent in the previous session, with investors looking to U.S. President Donald Trump’s upcoming State of the Union address for hints on the outlook for Sino-U.S. trade. Gold (Apr) can face resistance near 33500 while taking support

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 5 FEB 2019

BULLION – MCX Gold and Silver may note choppy trade in line with international market but general bias may be on the upside. COMEX gold trades mixed trade near $1315/oz after a 0.2% decline yesterday. Gold has come under some selling pressure after testing the highest level since April 2018. Stability in US dollar, firmness

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