Friday, 18 November 2016

Live Commodity Market Updates ; Gold Futures Slide Rs 160 on Weak Global Cues

Gold prices fell Rs 160 to Rs 28,880 per 10 gram in futures trade today as participants cut down their bets amid a weak global trend. At the Multi Commodity Exchange, gold prices for delivery in far-month February fell by Rs 160, or 0.55 percent, to Rs 28,880 per 10 gram, in a business turnover of 94 lots. Also, the metal for December delivery declined by Rs 155, or 0.53 percent, to Rs 28,976 per 10 gram, in 523 lots. 

For more Latest Live Indian Commodity Market News and free bullion trading tips just click here www.marketmagnify.com/freetrial.php or give a One Missed Call @787-988-1122.

Analysts attributed the fall in prices to weak trends overseas as dollar strengthened after hints of rate hike in December by US Federal Reserve Chair Janet Yellen, eroding demand for the safe-haven precious metals. Meanwhile, gold was trading 0.67 percent down at USD 1,208.20 an ounce in Singapore today.

Gold prices eased on Friday after touching their lowest in over five months the session before, dragged down by a stronger US dollar and after Federal Reserve Chair Janet Yellen bolstered the case for raising interest rates next month. 

FUNDAMENTALS :-
* Spot gold had slipped 0.2 percent to USD1,213.75 an ounce by 0036 GMT. In the previous session, it marked its lowest since June 3 at USD1,210.73, remaining on track for its second straight weekly decline. 
* US gold futures were down 0.3 percent at USD1,213.40 per ounce. 
* The dollar rose to a 13-1/2-year high against a basket of currencies on Thursday as the bond market resumed its sell-off on growing certainty of a US interest rate increase in December.

Thursday, 17 November 2016

Free Commodity Market Tips ; Gold futures rise 0.24% on global cues

At the Multi Commodity Exchange, gold for delivery in December rose by Rs 70 or 0.24 percent to Rs 29,390 per 10 gram in a business turnover of 129 lots.
Read more Live Commodity Gold/Silver Market News at: www.marketmagnify.com/freetrial.php or Get Free Trials Just Give One Missed Call @78-79-88-11-22.

Gold prices rose by 0.24 percent to Rs 29,390 per 10 gram in futures trade as participants created fresh positions, tracking a firm trend overseas. At the Multi Commodity Exchange, gold for delivery in December rose by Rs 70 or 0.24 percent to Rs 29,390 per 10 gram in a business turnover of 129 lots. Likewise, the yellow metal for delivery in far-month February next year moved up by Rs 50 or 0.17 percent to Rs 29,156 per 10 gram in five lots.

Analysts said fresh positions created by traders in line with a firm global trend after gold snapped its biggest three-day drop in more than a year amid signs that prices fell too far, too fast and as the dollar weakened for the first time since last week's US presidential election, influenced the precious metal prices at futures trade. Globally, gold rose 0.11 percent to USD 1,229.80 an ounce in Singapore.

Donald Trump’s election, combined with Republican majorities in both the House and Senate, clearly marks a new direction for U.S. government policy. Firstly, let’s examine how markets reacted immediately following Trumps election – below is a snapshot of how certain commodities and major markets moved last week:
Dow Jones up 4.5%, copper up 10%, Nickel up 13%, Oil about even, Gold down 5.5%, Silver down 5%, and the 10-year Treasury yield up 20%.

Wednesday, 16 November 2016

Live Commodity Market News ; ‘नोट बैन’ से बढ़ी सोने की कीमतें, 1 महीने में 32 हजार तक पहुंचेंगे भाव"

जानकार मान रहे हैं कि घरेलू मार्केट में सोने में आई ये तेजी बनावटी है। लेकिन फेड की बैठक के बाद सोने की कीमते 32,000 रुपए के दायरें में आ सकती हैं।" कमोडिटी मार्केट की सटीक जानकारी के लिए क्लिक कीजिए अभी www.marketmagnify.com/freetrial.php और हमारे एक्सपर्ट की राय जानने के लिए दीजिए अभी मिस्ड कॉल इस नंबर पर :- 0-787-988-1122.

सरकार के 500 और 1000 के नोटों पर बैन के फैसले का असर ज्वैलर्स के कारोबार पर देखने को मिल रहा है। आईटी और सेल्स टैक्स डिपार्टमेंट के छापों के डर से भले ही ज्वैलर्स की दुकानें बंद हैं, इसके बावजूद सोना 50 हजार रुपए प्रति दस ग्राम तक में बिकने की चर्चाएं हो रही हैं। वहीं डॉलर में मजबूती और फेड द्वारा दिसबंर में ब्याज दरें बढ़ाने के संकेत के चलते ग्लोबल मार्केट में सोना 5 महीने के निचले स्तर पर आ गया है। ऐसे में जानकार मान रहे हैं कि घरेलू मार्केट में आई ये तेजी वास्तविक नहीं है। लेकिन फेड मीटिंग के बाद सोने की कीमतें 32 हजार रुपए प्रति 10 ग्राम के आसपास रह सकती हैं।
घरेलू मार्केट में क्यों बढ़े दाम :-
ग्लोबल मार्केट में गिरावट के बावजूद घरेलू मार्केट में सोने के दाम आसमान छूते जा रहे हैं। केडिया कमोडिटी के मैनेजिंग डायरेक्टर अजय केडिया के मुताबिक घरेलू मार्केट में सोने की कीमतें काफी हद तक ग्लोबल सेंटीमेंट्स पर टिका होता है। केडिया का कहना है कि घरेलू मार्केट में यूं तो दुकानें बंद हैं,लेकिन बैक डोर से सोना 50 हजार रुपए प्रति दस ग्राम तक बिका है। अगर ग्लोबल मार्केट का सेंटीमेंट यूं ही बना रहा तो देश में भी नोटबैन इंपैक्ट खत्म होने के बाद सोने की कीमतों में गिरावट आएगी।
क्यों गिरेंगे दाम :-
सेफ हैवन के तौर पर निवेशकों की पहली पसंद शुरू से सोना ही रहा है। द बुलियन ज्वैलर्स एसोसिएशन के सचिव योगेश सिंघल के मुताबिक ग्लोबल मार्केट में ट्रंप के चुनाव जीतने के बाद इक्विटी मार्केट में भारी गिरावट के कारण सोने में 900 रुपए तक की तेजी दर्ज की गई थी। लेकिन डॉलर इंडेक्स में तेजी और फेड के ब्याज दरें बढ़ाने के संकेत के चलते ग्लोबल मार्केट में गिरावट आनी शुरू हो गई। इसी वजह से ग्लोबल मार्केट में सोमवार को सोने की कीमतें 5 महीने के निचले स्तर पर आ गईं। सिंघल के मुताबिक नोटबैन से जुड़ी दिक्कतें खत्म होने के बाद घरेलू मार्केट में भी सोना नीचे आना शुरू हो जाएगा।

Monday, 7 November 2016

Commodity Market News ; Oil Companies Invest $1 Billion to Tackle Climate Change

Ten major oil and gas firms have set up a USD 1 billion fund to support the development of new technology to combat greenhouse gas emissions. The Oil and Gas Climate Initiative, to which Saudi Aramco, BP, ENI and Statoil have all signed up, announced Friday a commitment to spend USD 1 billion over the next 10 years on initiatives to reduce carbon emissions. 

For more Latest Live Indian Commodity Market News and free bullion trading tips just click here www.marketmagnify.com/freetrial.php or give a One Missed Call @787-988-1122.

The investment will be applied to carbon capture, use and storage technology as well as to cut methane emissions. However, it does not include support for renewable energies, such as solar and wind. Oil prices rose by over 1 percent on Monday, pushed up by a statement from the producers’ club OPEC that it was committed to a deal made in September to cut output in order to prop up the market.

Brent crude futures were trading at $46.29 per barrel at 0705 GMT, up 71 cents, or 1.56 percent, from their previous close. U.S. West Texas Intermediate (WTI) crude futures were up 730 cents, or 1.66 percent, at $44.80 a barrel. The Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC) said on Monday the group was committed to a deal made in Algiers to cut output.

Monday, 19 September 2016

Indian Commodity Market to Get Options Only in Two Products Initially

Indian Commodity market participants expecting big bang reforms from market regulator Sebi might be in for some disappointment. The commodity derivatives advisory committee (CDAC), at its July 22 meeting with Sebi officials, has proposed introduction of just two options in commodities --one agri and one non-farm.

For more Latest Live Indian Commodity Market News and free bullion trading tips just click here www.marketmagnify.com/freetrial.php or give a One Missed Call @787-988-1122.

Participants and brokers were expecting the launch of four -- gold, silver, guar and soyabean oil. Currently, only futures trading is allowed on commodity exchanges like MCX, NCDEX and NMCE. Crude has been dogged by a stubborn supply glut since late 2014, with prices hitting near 13-year lows at the start of this year. A previous attempt at a deal in April fell apart when Iran, which had just emerged from years of Western nuclear-linked sanctions, refused to take part.

Oil prices up on Libya unrest, hopes for output deal :- Key crude states are due to meet in Algeria next week to discuss the global supply crisis and overproduction that has hammered prices for two years. Oil prices edged up in Asia today as OPEC member Venezuela indicated a deal to limit output is close while fighting in Libya stopped it kick starting exports, but gains were limited by ongoing worries about a supply glut.

Friday, 16 September 2016

Today Indian Commodity Market Updates ; कच्चे तेल में गिरावट बढ़ी, क्या करें

कच्चे तेल में गिरावट बढ़ गई है। घरेलू बाजार में दाम 1 फीसदी गिर गया है। लीबिया और नाइजीरिया से सप्लाई बढ़ने के अनुमान से कीमतों पर दबाव बना हुआ है। आज अमेरिका में रिग काउंट के आंकड़े भी जारी होंगे इस पर भी बाजार की नजर है। सोना भी दबाव में है। पिछले महीने भारत में सोने का इंपोर्ट करीब 70 फीसदी गिर गया है। लगातार 7वें हफ्ते इंपोर्ट में गिरावट देखी गई है। 

 कमोडिटी मार्केट की सटीक जानकारी के लिए क्लिक कीजिए अभी www.marketmagnify.com/freetrial.php और हमारे एक्सपर्ट की राय जानने के लिए दीजिए अभी मिस्ड कॉल इस नंबर पर :- 0-787-988-1122.

वहीं गोल्ड ईटीएफ की होल्डिंग भी लगातार गिर रही है। चांदी में भी 0.5 फीसदी नीचे कारोबार हो रहा है। हालाकि बेस मेटल्स में भारी उठापटक हो रही है। कॉपर 3 हफ़्ते की ऊंचाई पर आ गया है। निकेल भी हल्का मजबूत है लेकिन इस हफ्ते में करीब 6 फीसदी की गिरावट दर्ज हुई है। लेड और जिंक में भी दबाव है। लेकिन कल की गिरावट के बाद आज रुपये में रिकवरी है।

एग्री कमोडिटी पर नजर डालें तो मसाले एक्शन में हैं। जीरे में करीब 1 फीसदी की तेजी आई है लेकिन हल्दी में दबाव है। वहीं खाने के तेलों में आज तेजी का रुख है। दरअसल  सोयाबीन और सरसों में आज करीब 0.5 से 1 फीसदी की तेजी आई है इसी का असर खाने के तेलों पर पड़ा है। आपको ये भी बता दें कि गेहूं पर सरकार इंपोर्ट ड्यूटी नहीं घटाएगी। 

वहीं अच्छी बारिश और बुआई बढ़ने से सरकार को इस साल देश में रिकॉर्ड अनाज पैदा होने का अनुमान है। कृषि मंत्री राधामोहन सिंह ने कहा कि बारिश से कमोबेश सभी इलाकों में खरीफ की अच्छी बुआई हुई है और रबी की बुआई भी बढ़ने का अनुमान है। ऐसे में रिकॉर्ड पैदावार की संभावना बढ़ गई है। सरकार ने इस साल के लिए 27 करोड़ टन अनाज पैदावार का टार्गेट दिया है।

Monday, 12 September 2016

Today Commodity Market Updates ; Crude Oil Futures Edge Lower

Crude oil futures edge lower on weak Asian cues :-
Crude oil futures edged lower on MCX as speculators exited their position amid a weak trend in the Asian markets where oil prices tumbled again on a pick-up in drilling and a strong dollar as speculation swirled that the Federal Reserve could hike interest rates as soon as this month. 

Read more Live Commodity Gold/Silver Market News at: www.marketmagnify.com/freetrial.php or Get Free Trials Just Give One Missed Call @78-79-88-11-22.
The contract for September delivery was trading at Rs 3021.00, down by 1.92% or Rs 59.00 from its previous closing of Rs 3080.00. The open interest of the contract stood at 19859 lots.The contract for October delivery was trading at Rs 3076.00, down by 1.85% or Rs 58.00 from its previous closing of Rs 3134.00. The open interest of the contract stood at 2625 lots on MCX.

Copper futures trade lower on MCX :-
Copper futures traded lower on MCX as speculators indulged in reducing their positions, driven by lower demand from consuming industries at the spot market. Further, weak trend in the base metals pack at the London Metal Exchange (LME) too fuelled the downtrend. 
The contract for November delivery was trading at Rs 311.40, down by 0.72% or Rs 2.25 from its previous closing of Rs 313.65. The open interest of the contract stood at 39631.00 lots.

Saturday, 10 September 2016

Upcoming Commodity Market Updates ; Gold, Silver Utensils Imports at Nominal Duty

In a notification on Thursday, the Central Board of Excise and Customs imposed a 12.5 per cent countervailing duty on all articles made of gold and silver which are imported from countries with which there is a free trade agreement or a comprehensive trade treaty. 

For more Latest Live Indian Commodity Market News and free bullion trading tips just click here www.marketmagnify.com/freetrial.php or give a One Missed Call @787-988-1122. 

This level of duty had been imposed in this year's Union Budget but it appears utensils made of gold or silver were being imported on payment of only one per cent duty from such countries, due to an ambiguity in the understanding the rule.In August, 300 kg of such utensils were said to have been imported. 

The new notification says any alloy in which the gold content is not less than 37.5 per cent by weight is covered.Harish Acharya, secretary, Bullion Federation, said: "The notification will stop trade distorting practices by some importers."

Thursday, 8 September 2016

Live Commodity News: Gold & Copper



Gold futures edged higher on MCX on a weaker dollar, with
investors looking to the outcome of a European Central Bank policy meeting later in the day for signs of economic stimulus.

The contract for October delivery was trading at Rs 31375.00, up by 0.22% or Rs 70.00 from its previous closing of Rs 31305.00.The open interest of the contract stood at 8984.00 lots.

Read more Live Commodity Gold/Silver Market News at: www.marketmagnify.com/freetrial.php or Get Free Trials Just Give One Missed Call @78-79-88-11-22.


Copper futures traded lower on MCX as investors stayed on the sidelines ahead of the ECB policy meet later in the session with hopes that the Frankfurt-based central bank may boost QE as it cuts growth forecasts for the Euro area. Meanwhile, a mixed bag of Chinese trade data signaled uncertainty over the demand outlook for copper from the world’s biggest metals consuming nation as Chinese exports fell 2.8 percent, year-on-year in August 2016 but imports climbed 1.5 percent.

 

Wednesday, 7 September 2016

Latest Commodity Market News ; Gold Futures Rise 0.18% on Global Cues

At the Multi Commodity Exchange, gold for delivery in December rose by Rs 58 or 0.18 per cent to Rs 31,581 per ten grams in business turnover of one lot. Gold futures edged marginally lower on MCX despite surprisingly weak US service sector data reinforced expectations the Federal Reserve will hold off on raising rates in September.

Read more Live Commodity Gold/Silver Market News at: www.marketmagnify.com/freetrial.php or Get Free Trials Just Give One Missed Call @78-79-88-11-22.

Tracking a firm trend overseas, gold traded higher by 0.18 per cent to Rs 31,581 per 10 grams in futures market today as traders enlarged positions. At the Multi Commodity Exchange, gold for delivery in December rose by Rs 58 or 0.18 per cent to Rs 31,581 per ten grams in business turnover of one lot. Similarly, the yellow metal for delivery in October contracts traded higher by Rs 56 or 0.18 per cent to Rs 31,434 per ten grams in 152 lots.

Copper futures edge higher on MCX :-
Copper futures edged higher on MCX as disappointing US economic data pushed the dollar lower, spurring demand for commodities. The contract for November delivery was trading at Rs 314.25, up by 1.03% or Rs 3.20 from its previous closing of Rs 311.05. The open interest of the contract stood at 35881.00 lots.

Tuesday, 6 September 2016

Today Commodity Market Updates ; Crude Oil Futures Trade Higher on MCX

Crude oil futures traded higher on MCX as investors and speculators booked fresh positions in the energy commodity after Saudi Arabia and Russia, two of the world’s top oil producers, agreed to establish a working group to monitor the oil market and formulate recommendations to promote stability. 

For more Latest Live Indian Commodity Market News and free bullion trading tips just click here www.marketmagnify.com/freetrial.php or give a One Missed Call @7879881122.

Energy Ministers from the two countries are set to meet in Algeria in October and Vienna in November to hold discussions on how to cooperate under this new pact, with an output freeze remaining a favorable option. The news comes as some relief to energy traders, easing fears of a supply glut in the fuel.
The contract for September delivery was trading at Rs 3005.00, up by 0.81% or Rs 24.00 from its previous closing of Rs 2981.00. The open interest of the contract stood at 24788 lots.

Copper futures trade higher on MCX :-
Copper futures traded higher on MCX as investors booked fresh positions in the industrial metal as signs of a pickup in the economy of China, the world’s biggest metals consuming nation, bolstered demand prospects.
The contract for November delivery was trading at Rs 312.00, up by 0.31% or Rs 0.95 from its previous closing of Rs 311.05. The open interest of the contract stood at 36240.00 lots.

Monday, 5 September 2016

Live Commodity Market News ; Oil Prices Dip in Asia

Oil prices slipped in Asia today with traders disappointed by a lack of detail from Russia and Saudi Arabia on their plans to stabilise the crude market following talks at the weekend. President Vladimir Putin met Deputy Crown Prince Mohammed bin Salman on the sidelines of the G20 in China yesterday and said they would work to address a global glut and overproduction that has hammered prices for the past two years. 

Read more Live Commodity Gold/Silver Market News at: www.marketmagnify.com/freetrial.php or Get Free Trials Just Give One Missed Call @78-79-88-11-22.

Gold held steady on Monday after climbing as much as over 1 per cent in the previous session as a weaker-than-expected US jobs data trimmed expectations of a Federal Reserve rate hike in September. US employment growth slowed more than expected in August after two straight months of robust gains and wages were tepid.

"The disappointment in the nonfarm payrolls data has been translated into optimism for gold prices at the moment. We can expect prices to further rebound to $1,350 in a short-term," said Mark To, head of research at Hong Kong's Wing Fung Financial Group.

Spot gold was mostly unchanged at $1,324.16 per ounce by 0347 GMT. The metal rose 0.9 per cent to $1,324.65 on Friday.US gold futures were up slightly at $1,327.90."Gold should continue to see interest support following Friday's jobs data as the chances of an interest rate rise in September pull back," MKS PAMP Group precious metals trader Sam Laughlin said in a note.

Friday, 2 September 2016

Live Commodity Market Updates ; Gold Futures Climb Rs 23 on Global Cues

Gold prices were up by Rs 23 to Rs 30,795 per 10 gram in futures trade as speculators raised their bets, tracking a firm trend in global market. In futures trade at the Multi Commodity Exchange, gold for delivery in October rose by Rs 23 or 0.07 percent to Rs 30,795 per 10 gram in a business turnover of 4 lots. 

For more Latest Live Indian Commodity Market News and free bullion trading tips just click here www.marketmagnify.com/freetrial.php or give a One Missed Call @7879881122

Also, the precious metal for delivery in December was trading higher by Rs 14 or 0.05 percent to Rs 30,950 per ten gram in four lots. Analysts said building up of positions by participants following rising gold prices in the global market helped the precious metal to trade higher at futures trade here. Globally, the metal's rates advanced as much as 0.39 percent to USD 1,313.60 an ounce in New York yesterday.

The global economic crisis will continue to drive the demand for gold and silver worldwide. Bullion experts at the India International Gold Convention (IIGC) organized by Foretell Business Solutions Ltd. Gold is expected to remain above $1270 per ounce, while silver will continue to remain above $17 per ounce in London market.

“In India, demand will pick up in the second half of calendar 2016 after a dismal first half. High unofficial imports, high price, imposition of excise duty and subsequent strike by jewellers had impacted the demand of gold in the first half. Demand is expected to come back and price discounts expected to narrow from October.

Thursday, 1 September 2016

कमोडिटी बाजार में आज कहां लगाएं दांव :- गिरावट से उबरा क्रूड, सोने में मामूली बढ़त

अमेरिका में इन्वेंटरी बढ़ने की वजह से क्रूड में गिरावट देखने को मिली थी, लेकिन निचले स्तरों से अब खरीदारी नजर आ रही है। नायमैक्स पर डब्ल्यूटीआई क्रूड करीब 0.5 फीसदी बढ़कर 44.9 डॉलर पर कारोबार कर रहा है। ब्रेंट क्रूड का भाव 47 डॉलर के ऊपर है। यहां हम बता रहे हैं ऐसे शेयर जो रहेंगे आज खबरों में और जिनपर होगी कमोडिटी बाजार की नजर।

कमोडिटी मार्केट की सटीक जानकारी के लिए क्लिक कीजिए अभी www.marketmagnify.com/freetrial.php और हमारे एक्सपर्ट की राय जानने के लिए दीजिए अभी मिस्ड कॉल इस नंबर पर :- 0-787-988-1122.
 
वहीं अमेरिकी जॉब डाटा आने के बाद सोने में भी हल्की गिरावट देखने को मिली थी, लेकिन अब थोड़ी बढ़त नजर आ रही है। कॉमैक्स पर सोना 0.2 फीसदी बढ़कर 1314 डॉलर पर कारोबार कर रहा है। कॉमैक्स पर चांदी 0.5 फीसदी की मजबूती के साथ 18.8 डॉलर पर कारोबार कर रही है।

एनसीडीईएक्स के कपास खली वायदा पर 10 फीसदी का अतिरिक्त कैश मार्जिन लग गए है। कीमतों में एकतरफा तेजी के बाद भारी उठापटक के बाद भारी उठापटक की आशंका से एक्सचेंज ने ये कदम उठाया है। मार्जिन की नई दरें कल यानि 2 सितंबर से लागू होंगी। 

दूसरी ओर अंतरराष्ट्रीय बाजार में कल की भारी गिरावट के बाद आज कच्चे तेल में रिकवरी आई है और इसका दाम करीब 0.5 फीसदी बढ़ गया है। हालाकि बढ़त के बावजूद ब्रेंट का दाम 48 डॉलर और डब्ल्यूटीआई 45 डॉलर के नीचे हैं।

Wednesday, 31 August 2016

Indian Commodity Market Buzz ; Gold Climbs Rs 39 on Positive Global Cues

Gold prices were up by Rs 39 to Rs 30,860 per 10 grams in futures trade today as speculators raised their bets amid a firm global trend. At the Multi Commodity Exchange, gold for delivery in October was trading higher by Rs 39 or 0.13 percent to Rs 30,860 per 10 grams in a business turnover of 773 lots. 

Read more Live Commodity Gold/Silver Market News at: www.marketmagnify.com/freetrial.php or Get Free Trials Just Give One Missed Call @78-79-88-11-22.

The yellow metal for delivery in December gained Rs 30 or 0.10 percent to Rs 31,038 per 10 gm in 16 lots. Market analysts attributed the rise in gold prices at futures trade to positive global cues. Meanwhile, gold was trading 0.24 percent higher at USD 1,313.70 an ounce in Singapore.

Silver Silver trading range for the day is 43682-44448.   Silver dropped as investors focused on the next set of U.S. data to see whether it supports  expectations that Fed will raise interest rates soon.   Fed’s Fischer said the U.S. job market is nearly at full strength and that the pace of rate  increases by the Fed will depend on how well the economy is doing.

The international crude oil price of Indian Basket as computed today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 46.63 per barrel (bbl) on 30.08.2016. This was lower than the price of US$ 47.14 per bbl on previous publishing day of 29.08.2016.

Tuesday, 30 August 2016

Commodity Market Bullish ; Gold Futures Soften on Weak Global Cues

The current scene in the commodity market can best be termed as a bit bullish. Production is rising in response to a certain surge in demand. Good monsoon is likely to enliven the agriculture sector and with that the increase in rural income is to translate into higher growth in demand for consumer goods and houses. 

For more Latest Live Indian Commodity Market News and free bullion trading tips just click here www.marketmagnify.com/freetrial.php or give a One Missed Call @7879881122.

The commodity prices are indeed moving up, but not uniformly across all products. From the next month onward with the additional income in the hands of government employees, the boost in demand for household goods, real estate, automobile and travel would benefit these segments a great deal. The incoming festive seasons would only contribute positively.

Gold futures on August 30 fell 0.16 per cent to Rs 31,026 per 10 gram as speculators reduced their bets amid a weak global trend. In futures trading at the Multi Commodity Exchange, gold for delivery in October fell Rs 49, or 0.16 per cent, to Rs 31,026 per 10 gram, in a business turnover of 809 lots. Similarly, metal prices for delivery in far-month December declined Rs 35, or 0.11 per cent, to Rs 31,220 per 10 gram in 41 lots.

Monday, 29 August 2016

Today Commodity Market News ; Gold Inches Down on Steady Dollar

Gold edged lower early on Monday as the dollar strengthened after hawkish comments from Federal Reserve Chair Janet Yellen left the door open for a US interest hike as early as next month.For more Latest Live Indian Commodity Market News and free bullion trading tips just click here www.marketmagnify.com/freetrial.php or give a One Missed Call @7879881122.

Gold prices stayed soft as it fell by Rs 50 to Rs 31,200 per 10 grams today, reflecting a weak trend overseas amid muted demand from jewellers in the domestic spot market. Silver also dropped Rs 300 to Rs 44,400 per kg on reduced off take by industrial units and coin makers.

Silver also dropped Rs 300 to Rs 44,400 per kg on reduced off take by industrial units and coin makers.Globally, gold lost 0.4 percent to USD 1,316.09 an ounce, the lowest since July 27 in Singapore. Besides, sluggish demand from jewellers and retailers at the domestic spot market weighed, they said. In the national capital, gold of 99.9 percent and 99.5 percent purity declined Rs 50 each to Rs 31,200 and Rs 31,050 per 10 grams, respectively. The precious metal had gained Rs 100 in Saturday's trade.

Following gold, silver ready drifted lower by Rs 300 to Rs 44,400 per kg and weekly-based delivery by Rs 205 to Rs 43,770 per kg. Silver coins, however, remained flat at Rs 75,000 for buying and Rs 76,000 for selling of 100 pieces. Gold is highly-sensitive to rising US interest rates, which increase the opportunity cost of holding non-yielding bullion while boosting the dollar, in which it is priced.

Friday, 26 August 2016

Latest Indian Commodity Market Updates ; सोने में हल्की बढ़त, क्या करें ?

घरेलू बाजार में सोना हल्की बढ़त दिखा रहा है। लेकिन ग्लोबल मार्केट में ये पिछले एक महीने के निचले स्तर पर है। सोने में बेहद छोटे दायरे में कारोबार हो रहा रहा है। हालांकि चांदी में तेजी आई है। दरअसल चांदी को आज बेस मेटल्स से सपोर्ट मिला है। यहां हम बता रहे हैं ऐसे शेयर जो रहेंगे आज खबरों में और जिनपर होगी बाजार की नजर। मार्केट की सटीक जानकारी के लिए क्लिक कीजिए अभी www.marketmagnify.com/freetrial.php और हमारे एक्सपर्ट की राय जानने के लिए दीजिए अभी मिस्ड कॉल इस नंबर पर :-  0787-988-1122:-

फिलहाल एमसीएक्स पर सोना 0.2 फीसदी की बढ़त के साथ 30990 रुपये पर कारोबार कर रहा है। चांदी 0.5 फीसदी की तेजी के साथ 43855 रुपये पर कारोबार कर रही है। कल की गिरावट के बाद आज घरेलू बाजार में कॉपर और निकेल समेत सभी मेटल का दाम बढ़ गया है। हालांकि गौर करने वाली बात ये है कि इस पूरे हफ्ते के दौरान कॉपर और निकेल में भारी गिरावट देखने को मिली है। 

एमसीएक्स पर कॉपर 0.7 फीसदी की मजबूती के साथ 310 रुपये पर कारोबार कर रहा है। निकेल 0.75 फीसदी की तेजी के साथ 661.6 रुपये पर कारोबार कर रहा है। एल्युमिनियम में 0.5 फीसदी, लेड में 0.6 फीसदी और जिंक में 0.75 फीसदी की बढ़त दिख रही है।

वहीं एग्री कमोडिटी में आज भी सोयाबीन में बिकवाली हावी है। घरेलू बाजार में इसका दाम इस हफ्ते करीब 4 फीसदी गिर गया है। वहीं जीरे की शुरुआती तेजी खत्म हो गई है और इसका दाम 18000 रुपये के नीचे आ गया है। इस बीच इंटरनेशनल ग्रेन काउंसिल ने गेहूं और मक्के की रिकॉर्ड पैदावार की उम्मीद जताई है। ऐसे में इनकी कीमतों पर भी दबाव है।

Thursday, 25 August 2016

Today Live Gold Silver Market News ; Silver Bull Run Just Getting Started

Climbing for the second straight day, gold prices advanced by Rs 50 to Rs 31,250 per 10 grams today on increased buying by jewellers at the domestic spot market amid positive global cues. For more Latest Live Indian Commodity Market News and free bullion trading tips just click here www.marketmagnify.com/freetrial.php or give a One Missed Call @7879881122.

Commodity Market Fundamentals show the bull run has just started in silver and investors should keep patient to reap multi-fold gain in this precious metal. 

Gold logs modest gains on jewellers' buying, overseas trend : 
Globally, gold rose 0.15 per cent to $1,338.90 an ounce, sovereign, remained unchanged at Rs 24,300 per piece, In the national capital, gold of 99.9 per cent and 99.5 per cent purity rose further by Rs 50 each to Rs 31,250 and Rs 31,100 per 10 grams, respectively. It had gained Rs 150 on Tuesday. Sovereign, however, remained unchanged at Rs 24,300 per piece of eight grams in limited deals.

On the other hand, silver ready dropped Rs 325 to Rs 45,075 per kg and weekly-based delivery Rs 290 to Rs 44,490 per kg. Silver coins, however, held steady at Rs 75,000 for buying and Rs 76,000 for selling of 100 pieces. However, silver retreated Rs 325 to Rs 45,075 per kg because of reduced off-take by industrial units and coin makers.

It has been a good year for precious metals, particularly for gold and silver. If we look at gold, it has performed 28 per cent while silver has out shined gold and gained by nearly 40 per cent year to date.

Wednesday, 24 August 2016

Commodity Market ; Gold Prices Hold up Well, Silver remains Vulnerable

This morning the base metals remain little changed, zinc is off 0.4 percent at $2,293, nickel is up 0.2 percent and the rest are between plus or minus 0.1 percent. Volume has picked up to 4,330 lots, up from an average of 3,013 lots last week. For more Latest Live Indian Commodity Market News and free bullion trading tips just click here www.marketmagnify.com/freetrial.php or give a One Missed Call @7879881122.

Precious metals are mixed, gold prices are off 0.1 percent, silver is little changed, while the PGMs are up around 0.4 percent. Equities turned bullish again yesterday with the Euro Stoxx 50 up 1.1 percent, the Dow closed up 0.1 percent, but this morning Asia is mixed. The Nikkei is up 0.5 percent, the ASX 200 is up 0.1 percent, the CSI 300 is off 0.1 percent, the Kospi is down 0.3 percent and the Hang Seng is down 0.8 percent.

Gold was trading in a narrow range on Wednesday as investors waited for clues on whether the US Federal Reserve would hike interest rates this year. Spot gold was flat at $1,337.30 an ounce at 0335 GMT. US gold slipped 0.3 per cent to $1,341.60 an ounce. Spot gold may revisit its August 22 low of $1,331.35 within the next 24 hours, according to Reuters technical analyst Wang Tao.

Tuesday, 23 August 2016

Live Commodities Buzz: Indian Crude Oil Basket Above $48 Levels


The prices of Crude Oil finally hit road blocks as traders started booking profits after six consecutive days of gains. Crude Oil declined 2.3% to Rs 3216 per barrel. The resistance zone for Crude Oil is strong with Crude Oil at Rs 3300 per barrel. The prices of Crude Oil are supported at Rs 3150 per barrel. For more Latest Live Indian Commodity Market News and free bullion trading tips just click here www.marketmagnify.com/freetrial.php or give a One Missed Call @7879881122.

The international crude oil price of Indian Basket as computed today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 48.02 per barrel (bbl) on 19.08.2016. This was higher than the price of US$ 47.75 per bbl on previous publishing day of 18.08.2016. 

In rupee terms, the price of Indian Basket increased to Rs. 3213.73 per bbl on 19.08.2016 as compared to Rs. 3189.36 per bbl on 18.08.2016. Rupee closed weaker at Rs. 66.93 per US$ on 19.08.2016 as against Rs. 66.79 per US$ on 18.08.2016.

COMEX Gold dropped further yesterday, extending its recent spree of losses on Fed rate hike worries. The metal tested its three week low. A quick surge in US dollar and concomitant drop in commodities also weighed on the yellow metal.

Mild buying has emerged in Asia though and the commodity currently trades at $1342 per ounce, almost unchanged on the day. MCX Gold futures ended around Rs 31380 per 10 grams yesterday and are likely to see a muted session today. Lows around Rs 31200 can trigger some buying.