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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 MARKET NEWS & LEVELS – 19 FEBRUARY 2020

Gold Surges Above $1600 Per Ounce Levels. Gold futures saw an impressive upmove as buying support stayed in place amid falling equities. The COMEX Gold futures rose to a two month high of $1605 per ounce, up marginally on the day. Demand was firm for safe-havens after iPhone maker Apple Inc’s revenue warning underscored the

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 MARKET NEWS & LEVELS – 18 FEBRUARY 2020

COMEX Copper Hits Two And Half Week Top. Copper futures gained sharply yesterday, hitting around two and half week high of $2.63 per pound amid steady equities and hopes of continued monetary stimulus from China as it tries to subdue the impact of Coronavirus epidemic that has killed more than 1,700 people. China’s central bank

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 MARKET NEWS & LEVELS – 17 FEBRUARY 2020

Crude Tests Rs 3700 Per Barrel On MCX. WTI Crude oil stayed well supported as a recovery from 13 month lows extended. WTI Oil surged above $52 per barrel while MCX Crude oil also broke above Rs 3700 per barrel. Oil rallied on the possibility of deeper supply cuts from the Organization of the Petroleum

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