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Tag Archives: MCX Commodity Tips

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

CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 13 FEBRUARY 2020

MCX MORNING UPDATE BULLION – Bullion counter can witness safe haven buying as gold prices rose on Thursday as investors sold equities and sought the safety of bullion after a sharp jump in the death toll and infections from a coronavirus epidemic in China. The Chinese province of Hubei, the epicentre of the coronavirus outbreak,

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 12 FEBRUARY 2020

MCX Gold Sees Profit Selling. COMEX Gold futures eased on profit selling as equities surged and US dollar index saw a massive spurt, hitting four month highs. COMEX Gold futures are currently trading at $1571 per ounce, almost unchanged on the day. MCX Gold futures closed at Rs 40448 per 10 grams, down 0.57% on

CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 12 FEBRUARY 2020

MCX MORNING UPDATE BULLION – Bullion counter can some selling pressure at higher levels. Gold prices were flat on Wednesday as equities ticked up after China’s senior medical adviser suggested the coronavirus epidemic may be over by April, although uncertainty over the impact of the outbreak supported the safe-haven metal. China’s senior medical adviser said

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 11 FEBRUARY 2020

Gold Down Half A Percent In Asia. COMEX Gold saw a steady start to the week. Tepid global equities and nervousness following the coronavirus scare supported Gold. The World Health Organization (WHO) said the thousands of coronavirus cases in the Chinese city of Wuhan, the center of the epidemic, is likely just the tip of

CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 10 FEBRUARY 2020

Massive Gains In MCX Gold As INR Plummets. COMEX Gold eased last week before witnessing a recovery. The metal stayed supported at lower end as traders focused on the coronavirus spread. The novel coronavirus has so far spread to at least 27 countries. The US State Department told Americans not to travel to China as

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