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CAPITALSTARS – MCX COMMODITY MARKET NEWS & LEVELS – 19 FEBRUARY 2020

Gold Surges Above $1600 Per Ounce Levels. Gold futures saw an impressive upmove as buying support stayed in place amid falling equities. The COMEX Gold futures rose to a two month high of $1605 per ounce, up marginally on the day. Demand was firm for safe-havens after iPhone maker Apple Inc’s revenue warning underscored the

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 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 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

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