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CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 17 OCTOBER 2019

Gold Carves Out Modest Gains COMEX Gold stayed weak on worries over Indian demand despite a tentative recovery in US session on weak equities. COMEX Gold futures are currently trading flat at $1491 per ounce. India’s Gold imports tanked 51.42% to Rs 9099 crore while Silver imports also fell 48% to Rs 1102 crore in

CAPITALSTARS – MCX COMMODITY MARKET NEWS LEVELS – 11 October 2019

Gold Slides Near $1500 Levels On Easing Trade Concerns. COMEX Gold took a sharp tumble, falling more than 1% in intraday moves on easing trade tensions. The US President Donald Trump revealed he plans to meet with Chinese Vice Premier Liu He as part of high-level U.S.-China trade talks. The yellow metal currently trades at

CAPITALSTARS – MCX NEWS UPDATE : 09 Oct 2019

MCX MORNING UPDATE BULLION – Bullion counter may trade on sideways bias but profit booking at higher levels can be seen later today. Gold prices surged after a two-day fall, tracking a similar global trend. Gold traders will also focus on top-level US-China trade talks, scheduled to start later this week. In global markets, gold

CAPITALSTARS – MCX NEWS UPDATE : 07 Oct 2019

MCX MORNING UPDATE BULLION – Bullion counter may trade on sideways bias but profit booking at higher levels can be seen later today. Gold prices advanced on Monday as markets braced for US-China trade negotiations during the week with lesser hopes of a breakthrough, following a report that Chinese officials may not be as willing

CAPITALSTARS – MCX COMMODITY MARKET NEWS LEVELS – 03 October 2019

Impressive Rebound In Gold, COMEX Futures Back Above $1500 Level. A massive correction in global equities is supporting Gold. COMEX Gold futures fell earlier this week as recent losses are weighing on the sentiments amid a firm undertone in the US dollar. COMEX Gold futures extended losses under $1500 per ounce and tested a three

CAPITALSTARS – MCX NEWS UPDATE : 03 Oct 2019

MCX MORNING UPDATE BULLION – Bullion counter may remain on firm note as gold prices rose more than 1% on Wednesday as a report showing weaker-than expected hiring by U.S. The ADP National Employment report on Wednesday showed U.S. private employers hired fewer workers than expected in September, pointing to a labor market slowdown. A

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