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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 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 – 04 JUNE 2019

Precious Metals Preview: Gold Approaches Three Month Top On COMEX. COMEX Gold futures jumped near three month highs, starting the new week in an upbeat manner as trade war concerns escalated further and global equities extended recent losses. China has seemingly increased its retaliation against the US trade policies by stating that US is resorting

CAPITALSTARS – MCX COMMODITY NEWS UPDATE – GOLD PRICES ROSE ON TUESDAY – 04 JUNE 2019

BULLION – Bullion counter may trade with upside bias as gold prices rose on Tuesday, holding near a more than three-month high hit in the previous session, as worries over a global recession due to trade conflicts drove investors to find refuge in safe-haven assets. U.S. Secretary of State Mike Pompeo said on Monday that

CAPITALSTARS – MCX COMMODITY NEWS UPDATE – GOLD PRICES ROSE ON MONDAY – 03 JUNE 2019

BULLION – Bullion counter may trade with upside bias as gold prices rose on Monday to their highest in more than two months, with investors seeking refuge in safe-haven assets as heightened Sino-U.S. trade tensions and Washington’s threat of tariffs on Mexico stoked worries of a global recession. Tensions between the United States and China

CAPITALSTARS – MCX COMMODITY MARKET LEVELS – 31 May 2019

Precious Metals Preview: Silver Sees Support At Six Week Low. COMEX Silver futures saw some bargain buying at six month low after heavy losses in last few days. The metal currently trades at $14.49 per ounce, up marginally on the day. MCX Silver ended marginally up at Rs 36420 per kg. Silver has taken a

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