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MCX COMMODITY MARKET NEWS & LEVELS – 12 OCT 2017

Gold Prices Gain In Asia As Fed Minutes Seen Slightly Dovish. Gold gained in Asia as the Fed appears on track for a December rate hike, but set a somewhat overall dovish tone on the track for 2018 in minutes released overnight. Federal Reserve policymakers had a prolonged debate about the prospects of a pickup

MCX COMMODITY MARKET NEWS & LEVELS – 11 OCT 2017

Gold Falls In Asia As Market Awaits Fed Minutes. Gold prices eased in Asia on Wednesday ahead of minutes from the Fed due later in the day and expected to show a largely hawkish stance on the need for a December hike and into next year. Overnight, gold prices rose for the second day in

MCX COMMODITY MARKET NEWS & LEVELS – 10 OCT 2017

Gold Prices Gain In Asia On Demand From India, China. Gold prices gained in Asia on Tuesday with physical demand from India during the festival season and the other top importer China as markets gear up after a weeklong holiday last week. Overnight, gold prices rose on Monday supported by a dip in the dollar

MCX COMMODITY MARKET NEWS & LEVELS – 09 OCT 2017

Gold Prices Gain Smartly in Asia As China Returns from Week-Long Break. Gold prices jumped in Asia on Monday with China back after a week-long break bringing some heft to the market even as Japan, South Korea and Taiwan are shut for holidays. This week, Wednesday’s Fed minutes will be in focus for fresh indications

MCX COMMODITY MARKET NEWS & LEVELS – 06 OCT 2017

Gold Prices Down In Asia As Market Looks Ahead To US Nonfarm Payrolls. Gold prices dipped in Asia on Friday as investors awaited nonfarm payrolls in the U.S. even thought he data will likely be widely skewed by the effects of hurricanes in Texas and Florida. Overnight, gold prices traded below breakeven on Thursday, as

MCX COMMODITY MARKET NEWS & LEVELS – 05 OCT 2017

Gold Prices Inch Higher In Asia In Thin Trade With Key Markets Shut. Gold prices inched up in Asia on Thursday with markets this as Hong Kong, South Korea and China shut for holidays. Overnight, gold prices remained roughly unchanged on Wednesday as the dollar came under pressure following reports that a dovish Federal Reserve

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