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Tag Archives: commodity tips

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

CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 10 JUNE 2019

Precious Metals Preview: Excellent Buying Keeps Gold Well Supported. Gold witnessed good buying amid continued worries over global trade as COMEX Gold managed to hit around three and half month high above $1340 per ounce. MCX Gold futures closed just under Rs 33000 per 10 grams after breaching the watershed mark in intraday moves. Sentiment

CAPITALSTARS – MCX COMMODITY MONDAY NEWS UPDATE – 10 JUNE 2019

BULLION – Gold shined the brightest in the past week, touching its new highs following heightened uncertainties, weak US economic numbers, and dovish central bank policies. US unemployment data remained stable, but the metal got a good push as US labor report recorded a very disappointing non-farm payroll data. Only 75K jobs were added against

CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 07 JUNE 2019

Precious Metals Preview: Gold Sees Good Buying. Gold is seeing good buying amid steady moves in global equities as COMEX Gold manages to sustain around three and half month high above $1340 per ounce. MCX Gold ends up 0.30% at Rs 32780 per 10 grams. According to a latest update from the World Gold Council

CAPITALSTARS – MCX COMMODITY NEWS UPDATE – GOLD PRICES STEADIED ON FRIDAY – 07 JUNE 2019

BULLION – Bullion counter may witness profit booking at higher levels .Gold prices steadied on Friday, ahead of a U.S. jobs report later in the day, while a festering trade war and hopes of a Fed interest rate cut stoked demand for the safe-haven bullion. Mexican and U.S. officials had held a second day of

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