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Tag Archives: MCX Copper Tips

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 16 OCT 2018

  BULLION:- There Gold prices inched higher early on Tuesday, hovering near a 2-1/2 month high hit in the previous session, as risk averse investors sought a safe haven amid rising political tensions and economic uncertainty. Spot gold was up 0.1 per cent at $1,227.76 an ounce at 0114 GMT. On Monday, it touched a

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 15 OCT 2018

  BULLION:- There were a recent combination short covering and a flight to safety that lead to gold’s rapid increase in price with the precious metal climbing through the descending channel’s resistance to set a fresh high of $1,226/oz up from $1,180 recent double bottom lows. However, US equity markets set a firmer tone on

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 12 OCT 2018

BULLION:- Gold edged down on Friday but held near an over two-month high hit in the previous session, when prices surged over 2 percent as a rout in global stock markets boosted the metal’s safe-haven appeal. Spot gold was down 0.2 percent at $1,221.06 an ounce at the time of writing. On Thursday, it jumped

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 11 OCT 2018

BULLION:- Gold prices edged higher in the morning session as some investors sought refuge in the precious metal after the global stocks tumbled and the U.S. dollar weakened. Spot gold rose 0.4 percent to $1,194.12 per ounce at the time of writing. U.S. gold futures settled up $1.9, or 0.16 percent, at $1,193.4. Stocks on

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 9 OCT 2018

  BULLION:- Gold fell to its lowest level in a week on Monday as investors sought safety in the U.S. dollar on concerns about a selloff in global stocks worsened by worries over economic growth in China. “The strong U.S. dollar and expectations of more interest rate hikes are pushing gold down and scaring gold

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 8 OCT 2018

  BULLION:- Gold edged higher on Friday, on track for its biggest weekly gain in six, as the dollar softened after data showed U.S. job growth slowed more than expected last month and a slide in stock markets burnished the appeal of bullion as a safe haven. “The weaker-than-expected jobs data is supporting the overall

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