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Category Archives: Daily Commodity Market Strategy

CAPITALSTARS – MCX COMMODITY EVENING MARKET NEWS UPDATES – 11 OCT 2018

BULLION:- Gold prices rose on Thursday as a sell-off in global stock markets prompted investors to seek safety in the metal, with a softer dollar further supporting bullion. European stocks fell in line with a slump on Wall Street, pointing to growing risk aversion across global markets and turning greater attention to U.S. inflation data

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 11 OCT 2018

BULLION:- Gold prices edged higher in the morning session as some investors sought refuge in the precious metal after the global stocks tumbled and the U.S. dollar weakened. Spot gold rose 0.4 percent to $1,194.12 per ounce at the time of writing. U.S. gold futures settled up $1.9, or 0.16 percent, at $1,193.4. Stocks on

CAPITALSTARS – MCX COMMODITY EVENING MARKET NEWS UPDATES – 10 OCT 2018

BULLION:- Gold held steady in a narrow range on Wednesday, as the dollar pulled back from a seven-week peak although support remained strong for the U.S. currency on the back of a strong U.S. economy and expectations of steady interest rate hikes by the Federal Reserve Singapore. Asian shares staged a mild rebound after world

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 10 OCT 2018

BULLION:- Gold The dollar index, which measures the greenback against a basket of six major currencies, was down 0.1 per cent. Stocks on major world markets edged lower on Tuesday, with a decline in the materials sector offsetting rising energy shares. US long-dated Treasury yields fell on Tuesday in choppy trading, as investors took a

CAPITALSTARS – MCX COMMODITY EVENING MARKET NEWS UPDATES – 9 OCT 2018

BULLION:- Gold prices edged higher on Tuesday as risk appetite fell, with Asian stocks slipping to 17-month lows amid concerns over a potential slowdown in China’s economic growth. Asian shares fell on Tuesday as China allowed its currency to slip past a psychological bulwark amid sharp losses in domestic share markets, a shift that pressured

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 9 OCT 2018

  BULLION:- Gold fell to its lowest level in a week on Monday as investors sought safety in the U.S. dollar on concerns about a selloff in global stocks worsened by worries over economic growth in China. “The strong U.S. dollar and expectations of more interest rate hikes are pushing gold down and scaring gold

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