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Category Archives: Daily Commodity Market Strategy

CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 02 MARCH 2020

MCX Gold Slides, COMEX Gold Under $1600 Per Ounce. COMEX Gold futures slipped sharply as financial markets saw a heavy pounding. Gold stayed supported earlier in the week as the coronavirus continued to spread rapidly outside China and people in around 50 countries have now been infected. However, the COMEX Gold futures fell more than

CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 27 FEBRUARY 2020

MCX MORNING UPDATE BULLION – Bullion counter can witness some bounce back at lower levels as gold prices rose on Thursday as fears of a pandemic heightened after coronavirus infections surged in Italy and Iran, triggering a move away from riskier assets. The number of new infections inside China – the source of the outbreak

CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 20 FEBRUARY 2020

MCX MORNING UPDATE BULLION – Bullion Bullion counter can trade on volatile path as gold prices on Thursday eased from their highest in nearly seven years in the previous session, as safe-haven demand took a hit after a dramatic drop in new corona virus cases and on expectations that China will continue to shore up

CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 19 FEBRUARY 2020

MCX MORNING UPDATE BULLION – Bullion counter can remain on firm path as gold prices held steady above the key $1,600 mark on Wednesday as an uptick in equities due to a drop in new virus cases was kept in check by fears about the economic fallout of the epidemic. The big wave of risk-off

CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 18 FEBRUARY 2020

MCX MORNING UPDATE BULLION – Bullion counter can remain on firm path as gold prices hit a two-week high on Tuesday as global equities retreated after Apple Inc flagged revenue miss amid the coronavirus outbreak, sobering investor optimism. The death toll from a coronavirus outbreak in mainland China rose to 1,868, as of the end

CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 17 FEBRUARY 2020

MCX MORNING UPDATE BULLION – Bullion counter can remain on firm path but profit booking can be seen at higher level. Gold on Monday held near the two-week high scaled in the previous session on uncertainty over the impact of the corona virus outbreak on the global economy. The death toll from the outbreak in

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