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Tag Archives: MCX Commodity Tips

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 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 MARKET NEWS & LEVELS – 17 FEBRUARY 2020

Crude Tests Rs 3700 Per Barrel On MCX. WTI Crude oil stayed well supported as a recovery from 13 month lows extended. WTI Oil surged above $52 per barrel while MCX Crude oil also broke above Rs 3700 per barrel. Oil rallied on the possibility of deeper supply cuts from the Organization of the Petroleum

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

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 13 FEBRUARY 2020

Gold Supported As Powell Indicates Use Of Quantitative Easing. COMEX Gold saw some buying after the US Federal Reserve Chairman Jerome Powell said Wednesday the central bank would fight the next economic downturn by buying large amounts of government debt to drive down long-term interest rates indicating use of quantitative easing. COMEX Gold has been

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