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Category Archives: Daily Commodity Market Strategy

CAPITALSTARS – MCX MARKET – GOLD ON THURSDAY HOVERED NEAR A TWO-WEEK PEAK TOUCHED IN THE PREVIOUS SESSION – 11 Apr 2019

Daily Metal and Energy Outlook 11th April BULLION – Bullion counter may witness some profit booking at higher levels. Gold on Thursday hovered near a two-week peak touched in the previous session, as the dollar struggled after the U.S. Federal Reserve and the European Central Bank signaled steady interest rates amid a slowing global economy.

CAPITALSTARS – MCX MARKET – GOLD ON WEDNESDAY TRADED NEAR A TWO-WEEK HIGH HIT – 10 Apr 2019

Daily Metal and Energy Outlook 10th April BULLION – Bullion counter may witness some profit booking at higher levels as investors will eye the outcome of FOMC meeting minutes later today. Gold on Wednesday traded near a two-week high hit in the previous session, as investors worried about the trade tensions between the United States

CAPITALSTARS – MCX MARKET – GOLD INCHED HIGHER ON TUESDAY – 09 Apr 2019

Daily Metal and Energy Outlook 09th April Bullions: Bullion counter may witness some lower level buying. Gold inched higher on Tuesday, trading just below a more than one-week peak hit in the previous session, as Asian equities eased and the dollar weakened following sombre U.S. economic data. The dollar sagged on Tuesday after weak U.S.

CAPITALSTARS – MCX MARKET – GOLD WAS LITTLE CHANGED ON MONDAY – 08 Apr 2019

BULLION – Bullion counter may witness some lower level buying. Gold was little changed on Monday as strong U.S. jobs data boosted investors appetite for riskier  assets, with markets awaiting minutes of the Federal Reserve March meeting later this week. U.S. employment growth accelerated from a 17-month low in March, assuaging fears of an abrupt slowdown

CAPITALSTARS – MCX MARKET – GOLD WAS LITTLE CHANGED ON FRIDAY – 05 Apr 2019

BULLION – Bullion counter may trade with sideways path as investors will eye the outcome of nonfarm payroll data due later today. Gold was little changed on Friday, having slid to its lowest level in 10-weeks in the previous session as the dollar strengthened ahead of the U.S. nonfarm payrolls data due later in the

CAPITALSTARS – MCX MARKET – 04 Apr 2019

Market Update Daily Metal and Energy Outlook 04th April Bullions: Bullion counter may trade with sideways path. Gold can take support near 31450 while facing resistance near 31800.Silver can witness lower level buying as it can test 37500 while taking support 37000. Gold prices inched up on Thursday as the dollar eased and a rally

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