Sunday, 21 February 2016

MCX Bullion News Updates

Gold prices-Gold dipped in Asia on Monday as investors stayed cautious on prospects for further gains despite easy global monetary policies. Gold for February delivery on the Comex division of the New York Mercantile Exchange dropped 0.35% to $1,226.50 a troy ounce. Reports on U.S. durable goods orders and consumer confidence will also be in focus. On Monday, the euro zone is to release survey data on manufacturing and service sector activity. Germany and France are also to release individual reports.

MCX Copper Tips-SHFE 1604 copper is expected to move between RMB 35,800-36,100/mt on Monday. Pro-growth measures continue in Chinese market but mounting inventories trigger worries in market. Base metals prices are expected to rise early this week but growth should slow in the latter half of the week. Investors should not be overt pessimistic or bullish due to the March-April peak season. Base metals prices are still bearish in the long term point of view with slow consumption growth.

Crude oil prices-Crude oil prices gained further in Asia on Monday with the front-month contract up following a drop in U.S. drilling activity last week. On Friday, consultant Baker Hughes said the U.S. rig count fell by 26 to 413 in the week ended Feb. 19. Last week, oil prices fell sharply on Friday, as market players continued to focus on a global supply glut and amid doubts over the likelihood of a collective cut happening anytime soon.



Related Posts:

  • 9-month high on the gold price to Rs 27 thousand 700 Saturday Bullion Market, gold jumped to 9-month high.Gold prices rose for the seventh consecutive day.The last trading day of the week, gold rose by Rs 30 to Rs 27,700 per ten gram is reached. Silver prices steady G… Read More
  • INDIAN BENCHMARKS NEWS UPDATES INDIAN BENCHMARKS are poised to extend a slide on Tuesday as a worsening global sell-off amidst heightened worries over the health of the world economy sours the appetite for risky assets. Global equities are lurching o… Read More
  • Corporate News Update CAPITALSTARS  DAILY CORPORATE NEWS Jet Airways Q3 profit at record high Jet Airways (India) reported third consecutive profitable quarter in a row and posted highest ever quarterly profit as the country’s second… Read More
  • The index broke a record 18%, but 300% of the returns of these stocks The BSE Sensex on March 4, 2015, after hitting a record high of 30 025 points, has lost 18 percent so far.However, the decline in market Welspun India, Indo Count, Sangam India, there are some stocks.Investors who have … Read More
  • INDIAN BENCHMARKS MARKET WRAP-UP UPDATES INDIAN BENCHMARKS: SENSEX ENDS 330 POINTS LOWER, NIFTY 50 BELOW 7400 The domestic equity market ended in the red on Monday following weak cues from the European market. The market was cautious ahead of the crucial g… Read More

5 comments:

  1. Epic Research is best in providing the best, accurate & profitable bullion market tips with intense analysis of market.

    ReplyDelete
  2. The market ended higher with the Sensex at 23788.79, up 79.64 points or 0.3 percent. The Nifty was up 23.80 points or 0.3 percent at 7234.55. About 1388 shares have advanced, 1163 shares declined, and 150 shares are unchanged.

    Share Market News

    ReplyDelete
  3. EXIT UNION BANK BUY CALL NEAR COST

    Equity Tips

    ReplyDelete
  4. In india commodity market is the one of the best market in Mcx Tips like gold, silver.

    ReplyDelete

Blog Archive

Powered by Blogger.