Showing posts with label Free MCX Gold Silver Report. Show all posts
Showing posts with label Free MCX Gold Silver Report. Show all posts

Thursday 22 November 2018

कमोडिटी ट्रेंड: अमेरिका में कच्चे तेल का भंडार बढ़ने से क्रूड की कीमतों पर दबाव,

अमेरिका में  क्रूड का रिकॉर्ड उत्पादन होने के साथ ही  क्रूड का भंडार 49 लाख बैरल बढ़कर पिछले साल दिसंबर के स्तर पर चला गया है, जिससे कीमतों पर दबाव बढ़ता जा रहा है। ग्लोबल मार्केट में  कच्चे तेल में  1 साल के निचले स्तर के पास कारोबार हो रहा है और इसका दाम  दाम 0.5 फीसदी फिसल गया है।  
रुपया  पिछले 11 हफ्ते के ऊपरी स्तर पर कारोबार कर रहा है, डॉलर की कीमत 71.10 रुपये के पास आ गई है।बाजार की नजर इस महीने अर्जेंटीना में होने वाली जी-20 की बैठक पर है। अमेरिकी राष्ट्रपति की चीन के राष्ट्रपति के साथ बैठक होने की संभावना है। सोना बेहद छोटे दायरे में कारोबार कर रहा है।  

कमोडिटी ट्रेंड 

GOLD (DEC) TREND: BEARISH 
RESISTANCE 2: 31150 RESISTANCE 1: 31000 
SUPPORT 1:30700 SUPPORT 2: 30550 
STRATEGY: SELL ON HIGHS 

SILVER (DEC) TREND: BEARISH 
RESISTANCE 2: 37400 RESISTANCE 1: 37150 
SUPPORT 1: 36650 SUPPORT 2: 36400 
STRATEGY: SELL ON HIGHS 

COPPER (NOV) TREND: CONSOLIDATE  
RESISTANCE 2: 444 RESISTANCE 1: 439 
SUPPORT 1: 434 SUPPORT 2: 429 
STRATEGY: BUY ON DIPS 

CRUDE (DEC) TREND: BEARISH 
RESISTANCE 2: 3990 RESISTANCE 1: 3940 
SUPPORT 1: 3820 SUPPORT 2: 3770 
STRATEGY: SELL ON HIGHS  


Tuesday 10 October 2017

MCX gets Sebi nod for gold options.


The Multi Commodity Exchange of India Ltd (MCX) has received the regulator Sebi’s approval for the launch of gold option contracts with 1 kg gold futures the underlying commodity.
The exchange said in its circular that the date for launching options in gold would be announced separately but traders expect it to start trading around Diwali time. 

The regulator has allowed only one commodity option per exchange on a pilot basis. Non-agri commodities want to have an average turnover of Rs. 1,000 crore and the commodity needs to be in the top five list in terms of daily turnover.

Wednesday 4 October 2017

Gold prices rose after hitting a 7-week low US dollar retreats


Price of Gold advanced on Wednesday 4th October 2017, after hitting a 7-week low in the last session, sustained as the USD pulled back from 45-days high against a basket of currencies. At the morning hours, spot gold had risen 0.3% to USD 1,275.34 per ounce and touched its lowest since middle August at USD 1,267.76 on Tuesday.

As per economic point of view, the price of Gold has steadied in last one day, with a hindering US dollar contributing to the move. Further, Long liquidation throughout last fourteen days has put gold on a more sound footing. However, the dollar on Wednesday shed gains against a basket of main currencies over assumption that Donald Trump’s choice for the next US Fed Reserve chair may not be so aggressive against previously forethought.

Among other precious metals, silver rose 0.8% to USD 16.72 an ounce. Palladium jumped 0.7% to USD 921 an ounce while Platinum was 0.5% higher at USD 912 an ounce.


Meantime, Indian rupee made stronger against the USD ahead of the RBI bi-monthly policy outcome due late hours on Wednesday. The rupee opened at 65.34 per USD and was trading at 65.35 v/s dollar, up 0.24% from its last day’s close of 65.50. So forth this year, the domestic currency has gained 4%, while FPIs have bought USD 5.51 billion in equity market and USD 20.05 billion in debt market.

Monday 25 July 2016

Gold Silver Weekly Recommendation By Moneymaker Research

COMEX Gold futures witnessed some bargain buying around their three week low but overall sentiments remained tepid amid a weak technical picture and lack of demand in retail markets in India. However, a spree of terrorist attacks in Europe is likely to keep the safe haven tag in play for Gold. COMEX Gold ended just above $1320 per ounce levels and a sideways pattern is expected to prevail in the commodity in near term. MCX Gold futures topped out above Rs 32000 per 10 grams mark in early July 2016 and dropped near Rs 30700 mark amid sustained selling pressure. Local Gold imports dropped by about 48% to $3.90 billion in the first quarter of the current fiscal, extending their weak run. Gold imports stood at $7.51 billion in April-June 2015. The shipments contracted for a fifth consecutive month in June by 38.5% to $1.20 billion, according to the data by the Commerce Ministry. Silver imports too dipped to $249.39 million in June as against $342.37 million in the same month last year.

The Euro is lingering just above 1.1000 mark against the US dollar- its lowest levels in nearly six weeks. The European Central Bank left interest rates unchanged as expected. In a statement, the ECB said it expected rates to remain at the present or lower levels for an extended period of time, and well past the horizon of the net asset purchases. The central bank also said it was also confirming that monthly asset buys of 80 billion euros a month are intended to run until March 2017. The ECB Chief Mario Draghi noted that the ECB continue to expect interest rates to remain at present or lower levels for an extended period of time, and well past the horizon of the central banks net asset purchases.

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