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CapitalStars MCX NEWS UPDATE on -17 JUNE 2019

BULLION – Gold prices rose by 0.4 percent last week over expectation of rate cut by the U.S. Federal Reserve. Slowdown in the global growth amid weakening of the US economy might pressurize the FED to trim the rates which weighed on the US Dollar & in turn support Gold prices. Markets will have a

CapitalStars MCX NEWS UPDATE on -13 JUNE 2019

BULLION – Gold prices are holding at decent gains despite the dollar trading in a range against its major crosses. Consumer inflation grew at a slower pace but failed to have major impact on the greenback. The CPI rose 0.1% in May after a 0.3% rise in April, also on the domestic front inflation rose

CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 12 JUNE 2019

Gold Holding Steady In Asia COMEX Gold is witnessing stable moves as broad worries over US-China trade spat lingered around. Media reports are indicating good demand in China though fun buying in global futures market is slightly thin after recent run up in the prices. The metal currently trades at $1336 per ounce, up 0.36%

CapitalStars MCX NEWS UPDATE on -12 JUNE 2019

BULLION – Gold prices calms down as investors were seen booking profits following robust gains over the past weeks. Even after so many months, US-China trade war has something new to offer every day. As soon as US-Mexico trade talks eased off, President Trump shifted his focus back to China, where he threatened that if

CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 11 JUNE 2019

Energy Preview: Crude Oil Speculative Longs At Three Month Low. Large energy speculators yet again cut their bullish net positions in the WTI Crude Oil futures markets last week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. The non-commercial futures contracts of WTI Crude

MCX NEWS UPDATE – Gold Prices Hitting Highest Level in 15 Months – 11 JUNE 2019

BULLION – Gold prices consolidated a bit after hitting highest level in 15 months following uncertainty related to ongoing negotiation between US-China and US-Mexico. Yesterday, US President Trump again tried to put further pressure on China saying that, if Chinese President XI does not attend the G20 meeting, increased tariffs will be implied on the

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