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CapitalStars MCX NEWS UPDATE on -18 JUNE 2019

BULLION – Gold has started to move in a narrow range ahead of the two day FOMC meeting which starts today, it is expected to offer hints on the central banks plan on interest rates. The FOMC may not lower interest rates this week; but might pave the way with a change in language in

CapitalStars MCX NEWS UPDATE on -17 JUNE 2019

BULLION – Gold prices rose by 0.4 percent last week over expectation of rate cut by the U.S. Federal Reserve. Slowdown in the global growth amid weakening of the US economy might pressurize the FED to trim the rates which weighed on the US Dollar & in turn support Gold prices. Markets will have a

CAPITALSTARS- INDIAN EQUITY MARKET OUTLOOK UPDATE – 17 JUNE 2019

Market Live: Nifty likely to open flat. It is a weak start for the benchmark indices on June 17 with Nifty around 11,800 level. At 09:17 hrs IST, the Sensex is down 47.78 points or 0.12% at 39404.29, and the Nifty down 22.90 points or 0.19% at 11800.40. About 298 shares have advanced, 490 shares

CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 14 JUNE 2019

Precious Metals Preview: Gold Jumps Near $1350 Level, Hits Four Month Top COMEX Gold jumped to fresh four month top on hopes of a rate cut from the US Fed on tepid inflationary reading. Broad worries over US-China trade spat lingered around. Media reports are indicating good demand in China though fun buying in global

CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 12 JUNE 2019

Gold Holding Steady In Asia COMEX Gold is witnessing stable moves as broad worries over US-China trade spat lingered around. Media reports are indicating good demand in China though fun buying in global futures market is slightly thin after recent run up in the prices. The metal currently trades at $1336 per ounce, up 0.36%

MCX NEWS UPDATE – Gold Prices Hitting Highest Level in 15 Months – 11 JUNE 2019

BULLION – Gold prices consolidated a bit after hitting highest level in 15 months following uncertainty related to ongoing negotiation between US-China and US-Mexico. Yesterday, US President Trump again tried to put further pressure on China saying that, if Chinese President XI does not attend the G20 meeting, increased tariffs will be implied on the

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