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MCX COMMODITY MARKET NEWS & LEVELS – 21 SEP 2017

Gold Prices Edge Higher; Eyes on Fed Statement. Gold prices edged higher on Wednesday buoyed by a weaker dollar as investors awaited the Federal Reserve policy statement to gauge whether the central bank will stick to its plan to hike rates at least once more this year. The Fed’s outlook on future monetary policy tightening

MCX COMMODITY MARKET NEWS & LEVELS – 20 SEP 2017

Gold Gains In Asia Ahead Of Fed Policy Views. Gold prices gained in Asia on Wednesday with the Fed policy review expected to follow a well-telegraphed script on interest rates and reducing the balance sheet, though some investors are looking for language that suggests a shift to a more dovish outlook. Overnight, gold prices were

MCX COMMODITY MARKET NEWS & LEVELS – 19 SEP 2017

Gold Dips In Asia As Investors Grow Cautious Ahead Of Fed Views. Gold prices dipped in Asia as markets grow cautious ahead of Wednesday’s Fed policy statements with the details on the pace of unwinding its balance sheet awaited. Overnight, gold prices fell on Monday as fading tensions on the Korean Peninsula suppressed safe-haven demand

MCX COMMODITY MARKET NEWS & LEVELS – 18 SEP 2017

Gold Falls In Asia As NKorea Risk At Bay, Copper Jumps. Gold prices fell in Asia on Monday as investors moved away from risk trades on North Korea tensions, but copper staged gains as housing data from China showed countinued gains for prices albeit at a slower pace that the previous month. Last week, gold

MCX COMMODITY MARKET NEWS & LEVELS – 14 SEP 2017

Gold Drifts Lower In Asia With India Demand Cues Awaited – Gold prices dipped in Asia on Thursday with demand cues sought from the upcoming festival season in India with festivals such as Diwali often seeing a spurt in buying. Overnight, gold prices fell for a third day in a row, pressured by a sharp rise

MCX COMMODITY MARKET NEWS & LEVELS – 13 SEP 2017

Gold Rebounds Slightly In Asia After Recent Profit-Taking . Gold prices rebounded in Asia on Wednesday as investors saw recent declines on a stasis in tensions on the Korean peninsula as a chance to buy and on physical demand as the Indian festival season approaches. Overnight, gold prices fell below break-even on Tuesday as easing

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