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CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 19 FEBRUARY 2020

Gold Surges Above $1600 Per Ounce Levels. Gold futures saw an impressive upmove as buying support stayed in place amid falling equities. The COMEX Gold futures rose to a two month high of $1605 per ounce, up marginally on the day. Demand was firm for safe-havens after iPhone maker Apple Inc’s revenue warning underscored the

CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 19 FEBRUARY 2020

MCX MORNING UPDATE BULLION – Bullion counter can remain on firm path as gold prices held steady above the key $1,600 mark on Wednesday as an uptick in equities due to a drop in new virus cases was kept in check by fears about the economic fallout of the epidemic. The big wave of risk-off

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 18 FEBRUARY 2020

COMEX Copper Hits Two And Half Week Top. Copper futures gained sharply yesterday, hitting around two and half week high of $2.63 per pound amid steady equities and hopes of continued monetary stimulus from China as it tries to subdue the impact of Coronavirus epidemic that has killed more than 1,700 people. China’s central bank

CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 18 FEBRUARY 2020

MCX MORNING UPDATE BULLION – Bullion counter can remain on firm path as gold prices hit a two-week high on Tuesday as global equities retreated after Apple Inc flagged revenue miss amid the coronavirus outbreak, sobering investor optimism. The death toll from a coronavirus outbreak in mainland China rose to 1,868, as of the end

CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 17 FEBRUARY 2020

MCX MORNING UPDATE BULLION – Bullion counter can remain on firm path but profit booking can be seen at higher level. Gold on Monday held near the two-week high scaled in the previous session on uncertainty over the impact of the corona virus outbreak on the global economy. The death toll from the outbreak in

CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 14 FEBRUARY 2020

MCX MORNING UPDATE BULLION – Bullion counter can remain on firm path as gold prices held steady near a one-week high on Friday, as a mounting coronavirus death toll supported safe-haven buying, while a stronger dollar kept a lid on gains. The Chinese province at the centre of the coronavirus outbreak reported a record rise

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