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CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 20 FEB 2019

Precious Metals Preview: Smashing Gains In Gold, MCX Futures Approach Rs 34K. COMEX Gold jumped sharply yesterday, extending the recent gains as global equities saw a choppy pattern as traders remained focused on the US-China trade talks. Weak corporate earnings in Europe hurt the risk sentiments somewhat. Gold market eyed the drop in global Initial

CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 18 FEB 2019

Precious Metals Preview: Gold Bulls Stay In Charge. COMEX Gold futures rose last week, eyeing the upbeat movement in commodities as crude oil and copper rallied. The metal has been well supported after recovering from two week low and traders are eying the possibility of a further upmove in the commodity given its recent price

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES –18 FEB 2019

Market Update (Bullions) Bullion counter may trade with upside bias as gold prices stood firm at two-week highs on Monday as the dollar inched lower, while equities rose on increased expectations of a U.S.-China trade deal, capping bullion’s gains. The United States and China will resume trade talks this week in Washington with time running

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES –15 FEB 2019

Market Update (Bullions) Bullion counter may remain sideways to upside bias. Gold prices firmed on Friday as the dollar weakened slightly after disappointing U.S. data indicated slowing economic momentum, supporting the U.S. Federal Reserve’s “patient” monetary policy approach. Gold can test 33250 while taking support near 32850. Silver can test 39600 while taking support near

TOP CORPORATE NEWS- 11 FEB 2019

DHFL clarifies on report of suspicious transactions Dewan Housing Finance Corporation (DHFL) in its filing to the exchanges on Monday clarified that the company has received a notice from the Income Tax department; however, the notice does not refer to any suspicious transactions.”The company is in receipt of a notice u/s 131 of the Income

CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 11 FEB 2019

Base Metals Preview: Copper Corrects On Friday COMEX Copper rose further last week, hitting fresh two month high even as equities remained choppy. The metal corrected on Friday though as US stocks ended marginally lower on lingering concerns about a potential trade deal between the US and China. The commodity closed at $2.81 per pound,

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