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CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 18 JULY 2018

Gold Prices Edge Lower After Fed Comments. Gold Prices were slightly lower on Wednesday and hovered near a one-year low as the dollar strengthened following Federal Reserve Chairman Jerome Powell’s comments on Tuesday that reinforced views the central bank is on track to gradually raise interest rates. A U.S. central banker said on Tuesday that

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 17 JULY 2018

Gold Falls as Lower Dollar, Data Weigh. Gold prices inched down on Monday, despite a lower U.S. dollar as data supported expectations of a Fed interest rate increase. Gold was weighed down by economic data pointing to an increase in Federal Reserve interest rates. Retail sales increased by 0.5% for the fifth month in a

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 16 JULY 2018

Gold prices slipped as the dollar gains amid a strong U.S. inflation report and continued trade war concerns were cited as tailwind for the greenback. Gold on MCX settled down -0.14% at 30105 as the dollar rose due to easing trade tensions and weak demand for the precious metal due to expectations of higher interest

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 13 JULY 2018

Metal Prices in Rebound Mode; Gold Prices Edge Higher. Gold prices steadied Thursday, as the dollar gave up some of its gains, while easing trade-war concerns prompted traders to cut bearish bets on other metals. Gold prices moved off seven-month lows as the dollar struggled to hold gains, hovering just above the flatline, after data

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 12 JULY 2018

Trade-War Jitters Rock Metals Prices; Gold Stumbles as Dollar Rallies. Gold prices tumbled Wednesday, as the dollar added to gains, while the Trump administration’s threat of further tariffs on Chinese goods roiled other metals as copper sank to a nearly one-year low. The White House issued a list late Tuesday of 10% tariffs on $200

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 11 JULY 2018

Metal Prices Lower on Dollar Strength; Gold Off Lows But Under Pressure. Gold prices were pushed lower Tuesday by higher U.S. government bond yields and a rising dollar, which also dented sentiment on other metals. Investor appetite for safe heavens such as gold, yen and Treasuries, were scaled back by sentiment for riskier assets, triggering

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