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Category Archives: Daily Commodity Market Strategy

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 6 AUG 2018

BULLION:- Gold prices held onto the last session’s gains early on Monday, extending a rally from a 17-month low, as the U.S. dollar traded largely steady. Spot gold was up 0.1 percent at $1,214.76 an ounce, building on its 0.5 percent gain on Friday. The metal had also hit its lowest since March 2017 at $1,204 an ounce in

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 3 AUG 2018

Gold holds steady near 1-year low amid firm dollar. Gold prices held steady near a one-year low on Friday amid a resilient U.S. dollar and were headed for a fourth straight weekly falls. The dollar climbed to a two-week high against a basket of major currencies and stayed firm against the Yuan as worries about

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 2 AUG 2018

Gold holding its losses in early trades on Thursday made during Wednesday session as the dollar strengthened, and stayed weaker after the US Federal Reserve kept interest rates steady as expected. The Fed, after a two- day meeting, characterized the U.S. economy as strong, keeping the central bank on track to increase borrowing costs in September.

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 1 Aug 2018

  Gold steady ahead of Fed statement. Gold prices were steady early Wednesday, after slipping to a near two-week low in the previous session, as investors waited for the outcome of the U.S. Federal Reserve’s monetary policy meeting for outlook on interest rates. The Federal Reserve is expected to keep interest rates unchanged on Wednesday,

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 31 JULY 2018

Gold prices mixed ahead of central bank decisions.  Gold prices traded sideways in a narrow range on Tuesday, with investors in a wait-and-see mode ahead of the outcome of central bank monetary policy meetings. Investors are awaiting a Bank of Japan monetary policy decision on Tuesday. The bank is expected to trim its inflation forecasts

CAPITALSTARS – MCX COMMODITY EVENING MARKET NEWS UPDATES – 30 JULY 2018

  BULLION :- Gold were little changed in early trade on Monday, with major currencies including the dollar in a holding pattern ahead of key central bank meetings and U.S. data this week. The dollar trod water against its peers on Monday, as market participants awaited key central bank meetings this week, which could set the

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