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CAPITALSTARS – DAILY MCX COMMODITY MARKET NEWS & LEVELS – 30 NOV 2017

Gold Prices Gain In Asia As North Korea Risks Grow. Gold prices gained in Asia on Thursday with comments from US ambassador to the UN Nikki Haley suggesting a complete oil embargo on North Korea, raising risk concerns.”The latest official PMI readings suggest that growth momentum held up well this month,” Julian Evans-Pritchard, China economist

DAILY MCX COMMODITY MARKET NEWS & LEVELS – 29 NOV 2017

Gold Prices Gain Slightly In Asia After NKorea Missile Test. Gold prices failed to get a significant boost in Asia on Wednesday after the latest ballistic missile test by North Korea. Overnight, gold prices pared gains on Tuesday as reports suggesting that North Korea fired a ballistic missile failed to raise safe haven demand. North

DAILY MCX COMMODITY MARKET NEWS & LEVELS – 28 NOV 2017

Gold Gains In Asia As Fed Speakers, Treasury Secretary Remarks Awaited. Gold gained in Asia on Tuesday with sentiment on the rate outlook awaiting further insights from a slew of Fed speakers as well as the US treasury secretary. Overnight, gold prices rose to a more-than-one month high on Monday buoyed by an uptick in

DAILY MCX COMMODITY MARKET NEWS & LEVELS – 27 NOV 2017

Gold dropped as some investors locked in profits at the end of the week, and risk appetite strengthened. Gold prices slid lower on Friday as some investors took profits at the end of the week, but losses were held in check by the weaker dollar. A weaker dollar typically tends to support gold, which is

DAILY MCX COMMODITY MARKET NEWS & LEVELS – 24 NOV 2017

Gold Gains Slightly In Asia As China Market Concerns Ease, US Tax Cuts Eyed. Gold prices gained slightly in Asia on Friday as concerns over a sharp selloff in China overnight eased and investors turned focus to the U.S. and next week’s Senate review of proposed tax cuts. Overnight, gold prices held steady in holiday-thinned

DAILY MCX COMMODITY MARKET NEWS & LEVELS – 23 NOV 2017

Gold Dips In Asia As Fed Views Point To Steady Path On Rates In 2018. Gold dipped in Asia on Thursday with the latest minutes weighing as they expressed optimism about the economy and concern about financial markets, hinting at a steady rate hike view for 2018. Federal Reserve officials expressed largely optimistic views of

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