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CAPITALSTARS – MCX COMMODITY EVENING MARKET NEWS UPDATES – 19 FEB 2018

Crude Oil Prices Supported by Middle-East Tensions – Crude oil prices were higher on Monday, supported by tensions in the Middle East and global supply cut efforts, although concerns over rising U.S. production lingered. Prices strengthened after Israel’s Prime Minister Benjamin Netanyahu said on Sundaythat Israel could act against Iran itself, not just its allies in

CAPITALSTARS – MCX COMMODITY MORNING MARKET NEWS UPDATES – 19 FEB 2018

Gold Prices Down In Asia In Holiday-Thinned Trade. Gold prices eased in Asia on Monday despite some support from a weaker dollar as several key regional markets including China were shut for holidays. Markets in Hong Kong, Taiwan, Vietnam, China, the US and Canada are shut on Monday. In the week ahead, investors will focus

Gold price hits a 15-month high since demonetisation in November 2016

GGold prices on Friday jumped 0.23 per cent in Mumbai to hit the highest point in about 15 months since demonetisation in November 2016.The price of standard gold (995 purity) moved up by Rs 70 to open at Rs 30,645 per 10 gm in Zaveri Bazaar. In November 2016, bullion was traded at Rs 30,600 per 10

CAPITALSTARS – MCX COMMODITY EVENING MARKET NEWS UPDATES – 16 FEB 2018

Gold Prices at 3-1/2 Week Highs as U.S. Dollar Tumbles –  Gold prices were hovering at three-and-a-half week highs on Friday, as concerns over the U.S. deficit took over market sentiment and sent the greenback broadly lower. The greenback turned broadly lower due to fresh concerns over the deficit in the U.S., which is projected

CAPITALSTARS – MCX COMMODITY EVENING MARKET NEWS UPDATES – 15 FEB 2018

Crude Oil Prices Continue to Rise on Saudi Comments – Crude oil prices continued to rise on Thursday, still supported by news in the previous session of a lower than expected rise in U.S. inventories and after Saudi Arabia reaffirmed its commitment to curtail production. Prices were boosted after Saudi Energy Minister Khalid al-Falih said

CAPITALSTARS – MCX COMMODITY EVENING MARKET NEWS UPDATES – 14 FEB 2018

Oil Edges Lower on Bets for Sizable Increase in U.S. Crude Supplies – Crude prices ticked lower on Wednesday, amid speculation weekly supply data due later in the day will show a big buildup in U.S. oil and fuel supplies. Oil prices finished lower on Tuesday after the International Energy Agency raised concerns about a ramp-up in

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