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CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES –19 FEB 2019

Market Update (Bullions) Bullion counter may trade with upside bias as gold prices as gold prices were steady near 10-month peaks on Tuesday as the dollar held little changed and markets awaited clarity on U.S.-China trade talks, while palladium struck a record high on supply fears. The United States and China will resume trade talks

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES –14 FEB 2019

Market Update (Bullions) Bullion counter may remain sideways to weak bias. U.S. consumer prices were unchanged for a third straight month in January, leading to the smallest annual increase in inflation in more than 1-1/2 years, which could allow the Federal Reserve to hold interest rates steady for a while. Several Federal Reserve officials have

CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 11 FEB 2019

Base Metals Preview: Copper Corrects On Friday COMEX Copper rose further last week, hitting fresh two month high even as equities remained choppy. The metal corrected on Friday though as US stocks ended marginally lower on lingering concerns about a potential trade deal between the US and China. The commodity closed at $2.81 per pound,

TOP CORPORATE NEWS- 8 FEB 2019

Nifty Metal index falls 2% amid weak global cues The Nifty Metal index was trading 2% down on Friday over investors concerns regarding global demand growth amid uncertainty over truce in the US-China trade war. Shares of SAIL, Vedanta, Welspun Corp, Jindal Steel, and Tata Steel led the indexs fall. Car sales drops 2.6%, passenger

CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 7 FEB 2019

COMEX Gold Tumbles As Slide From Eight Month High Extended COMEX Gold futures tumbled after correcting from an eight month high as the US dollar edged up and buying remained limited in the yellow metal following recent gains. The US dollar index rose for a fourth straight session today, extending a recovery from three week

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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