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CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 13 MARCH 2020

Copper Under Severe Stress COMEX Copper futures tanked near three and half year low yet again as DOW fell 10% and European equities also saw similar losses. China’s automobile sales plummeted in February, as the coronavirus epidemic spread and curbed consumption demand, according to media reports. Total auto sales were down 79% from a year

CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 11 MARCH 2020

Copper Gains After Testing Multi Year Low COMEX Copper futures edged up after witnessing heavy losses on Monday. The red metal fell to its lowest level in around three years but gained a recovery emerged in global stocks after the carnage on Monday as hopes of targeted economic stimulus boosted sentiments. Global markets saw their

CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 27 FEBRUARY 2020

MCX MORNING UPDATE BULLION – Bullion counter can witness some bounce back at lower levels as gold prices rose on Thursday as fears of a pandemic heightened after coronavirus infections surged in Italy and Iran, triggering a move away from riskier assets. The number of new infections inside China – the source of the outbreak

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 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

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