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DAILY MCX COMMODITY MARKET NEWS & LEVELS – 07 NOV 2017

Gold Prices Dip In Asia As Dollar Gains, Middle East Risks Eyed. Gold prices dipped in Asia on Tuesday as investors continued to eye political risk in the Middle East but shied away from new buying as the dollar rebounded regionally. Overnight, gold prices traded sharply higher on Monday as political uncertainty in the Middle

DAILY MCX COMMODITY MARKET NEWS & LEVELS – 06 NOV 2017

Gold Prices Dip In Asia With Saudi Crackdown In Focus. Gold prices dipped in Asia on Monday despite heightened political risk in the Middle east with a surprise shakeup of Saudi Arabia’s leadership. In weekend news, Saudi Arabia’s King Salman bin AbdelAziz, announced the formation of a ‘supreme committee chaired by Crown Prince (Mohammed bin

DAILY MCX COMMODITY MARKET NEWS & LEVELS – 03 NOV 2017

Gold Prices Ease In Asia As Markets Await Nonfarm Payrolls. Gold prices edged weaker in Asia on Friday with markets cautious ahead of nonfarm payrolls later in the day. Overnight, gold prices were roughly unchanged on Thursday supported by dollar weakness as investors looked ahead to President Donald Trump’s choice of nominee to head the

DAILY MCX COMMODITY MARKET NEWS & LEVELS – 02 NOV 2017

Gold Gains In Asia On Fed Views, Weaker Dollar. Gold gained in Asia on Thursday with Fed view on rates seen supportive along with a weaker dollar in the short term, though investors say Friday’s nonfarm payroll data will be key for direction in the coming year. The Federal Reserve kept U.S. overnight interest rates

DAILY MCX COMMODITY MARKET NEWS & LEVELS – 01 NOV 2017

Gold Prices edge Up In Asia Ahead Of Fed Meeting, Nonfarm Payrolls Eyed. Gold prices edged up in Asia on Wednesday with the upcoming Fed meeting expected to hold steady and investors cautious ahead of nonfarm payroll data at the end of the week. Overnight, gold prices hovered above session lows pressured by a rising

DAILY MCX COMMODITY MARKET NEWS & LEVELS – 31 OCT 2017

Gold Prices Fall In Asia After Official China PMI Dampens Sentiment. Gold prices fell in Asia on Tuesday as China showed a dip in a key PMI survey, raising questions about demand prospects as non-manufacturing also fell. Overnight, gold prices rebounded from session lows as the dollar came under pressure after data showed inflation continued

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