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CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 11 MARCH 2020

Copper Gains After Testing Multi Year Low COMEX Copper futures edged up after witnessing heavy losses on Monday. The red metal fell to its lowest level in around three years but gained a recovery emerged in global stocks after the carnage on Monday as hopes of targeted economic stimulus boosted sentiments. Global markets saw their

CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 06 MARCH 2020

Copper Ends Marginally Up On MCX MCX Copper futures stayed broadly supported yesterday as global Copper prices held up despite a deep cut in equities in US and Europe. Copper eyed the slide in US dollar. US dollar index stayed slippery and fell to a two month low of 96.40. COMEX Copper is down in

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 4 MARCH 2020

BULLION – Bullion counter can witness positive gains but profit can be seen at higher levels as prices scaled higher after emergency rate cut by Fed. Gold prices rose on Wednesday, after surging more than 3% in the previous session as the U.S. Federal Reserve cut interest rates to help soften the economic blow from

CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 03 MARCH 2020

Crude Jumps Around 5% On MCX MCX Crude oil futures jumped on positive global cues. Oil rose as global equities edged up and bargain buying lifted the commodity well above its 14 month low. The WTI Crude oil futures are currently quoting at $48 per barrel, up 2.78% on the day. MCX Crude oil futures

CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 02 MARCH 2020

MCX Gold Slides, COMEX Gold Under $1600 Per Ounce. COMEX Gold futures slipped sharply as financial markets saw a heavy pounding. Gold stayed supported earlier in the week as the coronavirus continued to spread rapidly outside China and people in around 50 countries have now been infected. However, the COMEX Gold futures fell more than

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 27 FEBRUARY 2020

Gold Sees Bargain Buying After Declines. COMEX Gold futures slipped yesterday, adding to recent losses but recovered on continued fears that the coronavirus outbreak could escalate into a pandemic. The yellow metal has come off seven year highs but is witnessing buying at the lower levels as equities remain stressed around the globe. Asian stocks

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