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Category Archives: Daily Commodity Market Strategy

CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 20 JANUARY 2020

MCX MORNING UPDATE BULLION – Bullion counter may witness sideways movement to upside bias. Gold traded in a tight range on Monday as strong U.S. economic data fuelled investors’ appetite for riskier assets and dented the metal’s safe-haven appeal. U.S. homebuilding surged to a 13- year high last month as activity increased across the board,

CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 17 JANUARY 2020

MCX MORNING UPDATE BULLION – Bullion counter may witness sideways movement on mixed fundamentals .Gold edged lower on Friday, on track to post its worst week in two months, as positive U.S. economic data and optimism over an interim U.S.-China trade deal boosted appetite for riskier assets and dented some of bullion’s allure. Gold can

CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 16 JANUARY 2020

MCX MORNING UPDATE BULLION – Bullion counter may witness sideways movement as gold prices held steady on Thursday as investors remained concerned about existing tariffs and unresolved issues after Washington and Beijing signed a partial trade deal. U.S. President Donald Trump and Chinese Vice Premier Liu He signed a deal on Wednesday, defusing an 18-month

CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 15 JANUARY 2020

MCX MORNING UPDATE BULLION – Bullion counter fell on Tuesday ahead of the much awaited signing of an interim U.S.-China trade deal that dampened the appeal of bullion. The main thing is that a week ago we had the Iran-U.S. news, that caused a pretty significant rally in gold; and now that news has subsided,

CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 14 JANUARY 2020

MCX MORNING UPDATE BULLION – Bullion counter may witness further profit booking as gold fell on Tuesday, as investors opted for riskier assets after the United States dropped China’s designation as a currency manipulator ahead of an interim deal between the two sides to ease their trade dispute. Global equities rallied to reach fresh record

CAPITALSTARS – MCX COMMODITY NEWS UPDATE : 13 JANUARY 2020

MCX MORNING UPDATE BULLION – Bullion counter may witness further profit booking as gold prices fell on Monday as expectations of an interim trade deal signing between the United States and China boosted the dollar and dented some of bullion’s safe-haven appeal. A Phase 1 trade deal between Washington and Beijing is due to be

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