Commodity Market Trading Tips-Gold holds steady amid firm dollar, stronger equities

Gold prices were little changed on Wednesday, after slipping to a near six-month low in the previous session, as the dollar hovered close to an 11-month peak and equities rebounded.

GOLD MARKET promotional 3

FUNDAMENTALS

* Spot gold held steady at $1,273.82 an ounce by 0054 GMT. The metal fell to its lowest since Dec. 22 at $1,270 on Tuesday.

* US gold futures for August delivery were, however, 0.2 per cent lower at $1,276.10 per ounce.

* The dollar index , which measures the greenback against a basket of six major currencies, stood at 95.057, after advancing to an 11-month peak of 95.296 on Tuesday.

* China has underestimated US President Donald Trump’s resolve to impose more tariffs unless it changes its “predatory” trade practices, a White House trade adviser said on Tuesday, as Trump greatly expanded the amount of Chinese imports possibly facing new duties.

The European Central Bank will be patient in tightening policy further, President Mario Draghi said on Tuesday, adding that market pricings for its first post-crisis rate hike were consistent with its aim to move gradually.

* It would take a sizable economic shock for the European Central Bank to reverse its decision to end bond purchases by the close of the year, Irish central bank chief Philip Lane said on Tuesday.

North Korea’s Kim Jong Un and Chinese President Xi Jinping came to an understanding on issues that were discussed at a summit between the two leaders, including denuclearisation of the Korean peninsula, the North’s state media said on Wednesday.

* Prospects have risen for negotiations between the Taliban and the United States after Afghan President Ashraf Ghani called a ceasefire and allowed militants to roam into cities in a gamble to encourage peace talks.

Britain’s opposition Labour Party is considering asking the Bank of England to target productivity to help boost the economy if it wins power, in what would be the most radical change to the central bank’s remit in over two decades.

* Foreign investors have pulled about $5.5 billion out of emerging market economies since the US Federal Reserve’s interest rate hike last week, data from the Institute of International Finance showed on Tuesday.

To Get Free Trial on Commodity Market Tips, Mcx Trading Tips give

Missed call @8817002233, WHATSAPP NO.8602780449

Mail Us = starindiamarket@gmail.com

visit = https://www.starindiaresearch.com/mcx-tips.php

Advertisements

कैसी रहेगी सोने और क्रूड की चाल!

कच्चे तेल के फंडामेटल्स दिलचस्प होते जा रहे हैं। एक और तो सप्लाई बढ़ती जा रही है, अमेरिका में उत्पादन हफ्ते दर हफ्ते रिकॉर्ड ऊंचाई पर पहुंचता जा रहा है, वहीं ओपेक और रूस भी सप्लाई बढ़ाने की तैयारी में हैं। हालांकि, कच्चे तेल का डिमांड आउटलुक भी अच्छा नजर आ रहा है। वहीं अमेरिकी फेडरल रिजर्व के दरें बढ़ाने और ईसीबी के बॉन्ड खरीदी बंद करने के एलान के बावजूद सोने पर कोई खास दबाव देखने को नहीं मिल रहा है। ऐसे में सोने और कच्चे तेल की चाल कैसी रहेगी। क्या यहां से इन दोनों कमोडिटीज में तेजी रहेगी या बिकवाली देखने को मिलेगी।

gold crude promotional

यूएस उत्पादन रिकॉर्ड 1.09 करोड़ बैरल पर है। कुछ ओपेक देशों ने भी सप्लाई बढ़ाई है। हालांकि कच्चे तेल की सप्लाई में रुकावट से वेनेजुएला के उत्पादन में खासी गिरावट आई है। यूएस प्रतिबंध से ईरान की सप्लाई पर असर मुमकिन है जबकि आंतरिक तनाव से लीबिया की सप्लाई में कमी आई है।

22 जून को ओपेक की वियना में बैठक होगी। इस बैठक में ओपेक
के साथ दूसरे देश भी शामिल होंगे। हालांकि इस बैठक में रूस की भागीदारी काफी अहम है। पहले रूस और सउदी अरब की मुलाकात होगी। 5 लाख बैरल क्रूड सप्लाई बढ़ाने पर फैसला संभव है। सउदी अरब और रूस क्रूड सप्लाई बढ़ाने के पक्ष में है।

अमेरिका-उत्तर कोरिया में तनाव कम हुआ है। इटली को लेकर चिंता में भी कमी आई है। अमेरिका इकोनॉमी में और सुधार के संकेत है। अमेरिका में इस साल 2 बार और दरें बढ़ सकती हैं। ईसीबी ने राहत पैकेज बंद करने का एलान किया है।

ट्रेड वॉर बढ़ने की आशंका अभी भी कायम है। दुनिया भर में महंगाई बढ़ने से सपोर्ट मुमकिन है। अच्छे मॉनसून से भारत की डिमांड बढ़ सकती है। चीन की ज्वेलरी डिमांड में सुधार के संकेत दिखाई द  रहे है।

अधिक जानकारी के लिए कृपया हमसे संपर्क करें 8817002233 or whatsapp no. 8602780449  http://www.starindiaresearch.com/freetrail.php

COMMODITY OUTLOOK on Gold Market

Gold:-

The trend of Gold is Bearish. Gold lost all its gains on Friday after reacting to the separate decisions by Bank of Japan and European Central bank on monetary policy. The ECB went dovish on the interest rates and Japan even more dovish than ECB by announcing it would keep interest rates at near zero. These dovish moves by ECB, Bank of Japan and US Fed send the Dollar to the sharp upward trajectory while this put pressure on the Gold and its lots the shine at the end of the week. In MCX, it fell down by 205 points on weekly basis and ended at 31010 as compared to last week closing price of 31215. We expect the continue pressure on Gold prices in upcoming days as Dollar index is still looking strong. Sell on high strategy would be better to follow for next week.

gold market promotional 1

 

To Get Free Trial on Commodity Market Tips, Mcx Trading Tips give

Missed call @8817002233, WHATSAPP NO.8602780449

Mail Us = starindiamarket@gmail.com

visit = https://www.starindiaresearch.com/mcx-tips.php

 

Commodity Market Trading Experts- Gold, silver trade flat in morning deals

Precious metals gold and silver were trading flat with positive bias in the late morning deals on Friday.

MCX Gold futures were trading 0.06 per cent, or Rs 18 lower at Rs 31,395 per 10 grams at 11:25 am (IST), while MCX Silver futures were trading lower by Rs 1, at Rs 41,509 per 1 kg at the same time.

gold silver market 2

SPDR Gold Trust GLD, the world’s largest gold-backed exchange-traded fund, said its holdings stood at 828.76 tonnes, remain unchanged from the previous business day.

Holdings of the largest silver-backed exchange-traded-fund (ETF), New York’s iShares Silver Trust SLV, stood at 9824.92 tonnes, remain unchanged from the previous business day.

Nirmal Bang Securities in its commodity outlook report says, “Precious metals are trading lower on COMEX today. We expect prices to trade range bound for the day, after hitting a one-month high in the previous session on the European Central Bank’s decision to keep interest rates steady through the summer of 2019 and looming trade worries.”

On the global front, gold traded steady in early Asian trade.

To Get Free Trial on Commodity Market Tips, Mcx Trading Tips give

Missed call @8817002233, WHATSAPP NO.8602780449

Mail Us = starindiamarket@gmail.com

visit = https://www.starindiaresearch.com/mcx-tips.php

कमोडिटी मार्केट: सोने-चांदी में तेजी, क्या करें

अमेरिकी फेडरल रिजर्व ने दरों में 0.25 फीसदी की बढ़ोतरी की है। इसके अलावा इस साल 2 बार और दरें बढ़ाने के संकेत दिए हैं। इसके बाद सोने और चांदी में तेजी देखी जा रही है। सोना करीब 0.25 फीसदी बढ़ा है, वहीं चांदी में 0.5 फीसदी से ज्यादा की तेजी है।

GOLD MARKET promotional 3

अब बात क्रूड की जहां अमेरिका में उत्पादन बढ़ा है जिससे कच्चे तेल में गिरावट है। हालांकि डिमांड अच्छी होने से कीमतों में ज्यादा गिरावट नहीं है। ब्रेंट साढ़े 76 डॉलर के करीब है। अमेरिका का उत्पादन 1 करोड़ 9 लाख बैरल के नए उच्चतम स्तर पर पहुंच गया है और माना जा रहा है जल्द वो रूस को पछाड़ कर दुनिया सबसे बड़ा क्रूड उत्पादक देश बन जाएगा। बेस मेटल्स में आज ज्यादातर कमजोरी है। फेडरल रिजर्व के फैसले का असर मेटल्स पर दिख रहा है। रुपये में मजबूती का असर भी मेटल्स पर है।

एग्री कमोडिटीज की बात करें तो सरकार खाने के तेलों से स्टॉक लिमिट हटा सकती है। सचिवों की कमिटी ने स्टॉक लिमिट हटाने को मंजूरी दे दी है। इसका नोटिफिकेशन 2 से 3 दिन में जारी हो सकता है। उत्पादन और आयात बढ़ने से स्टॉक लिमिट हटाने को मंजूरी दी है।

अधिक जानकारी के लिए कृपया हमसे संपर्क करें 8817002233 or whatsapp no. 8602780449  http://www.starindiaresearch.com/freetrail.php

Today Commodity Market Outlook: Silver looks to break shackles, eyes high

It turned out to be a listless trade for gold and silver on Wednesday as investors trained their sights on US Fed policy decision later in the day.

MCX Gold futures slipped 0.04 per cent to Rs 31,144 per 10 grams at around 10.30 am. Silver futures were down 0.26 per cent at Rs 40,584.

silver market promotional

Oil prices globally hit a soft patch. Rising supply in the US and expectations that Opec’s voluntary output cuts could be loosened pushed down the price graph.

Where are key commodities heading for during the day?

Gold futures for August are expected to move mixed in Rs 30,960-31,260, with a cap on the upside. Futures for silver in July may show an upside bias taking support near Rs 40,400-40,300, according to SMC Global Securities.

The brokerage house believes that base metal counters are likely to turn weak in the near term. Global base metal prices mostly came down on Wednesday as investors tracked the US Federal Reserve’s policy meeting today. The central bank is expected to hike interest rates this time.

“Crude oil is expected to trade sideways in the range of Rs 4,410-4,510 levels,” SMC Global said in a report.

Coming to agri commodities, SMC believes that turmeric futures for July would trade with an upside tilt towards Rs 7,250-7,280, taking positive cues from the spot market.

However, soybean July futures are seen to run out of gas and test Rs 3,380-3,350. Spot soybean, soybean meal and soy oil dropped at the key market across the country, weighed down by slow demand.

Spot soybean gave up Rs 50 at Rs 3,300-3,450 per 100kg in Indore while refined soy oil dipped Rs 5 to Rs 740. Similarly, soybean meal was Rs 500 down at Rs 28,500 per tonne.

To Get Free Trial on Commodity Market Tips, Mcx Trading Tips give

Missed call @8817002233, WHATSAPP NO.8602780449

Mail Us = starindiamarket@gmail.com

visit = https://www.starindiaresearch.com/mcx-tips.php

Commodity Market Trading Tips-Gold Rate Today: Gold, silver trade mixed in morning trade

Precious metals gold and silver were trading mixed in the late morning deals on Monday.

MCX Gold futures were trading 0.01 per cent, or Rs 4 higher at Rs 30,550 per 10 grams at 11:03 am (IST), while MCX Silver futures were up 0.13 per cent, or Rs 54, at Rs 39,483 per 1 kg at the same time.

gold market promotional 1

SPDR Gold Trust GLD, the world’s largest gold-backed exchange-traded fund, said its holdings stood at 836.42 down 10.61 tonnes, from the previous business day.

Holdings of the largest silver-backed exchange-traded-fund(ETF), New York’s iShares Silver Trust SLV, stood at 10016.55 tonnes, remain unchanged from the previous business day.
Brokerage Nirmal Bang Securities in its daily report says, “Precious metals are trading lower on COMEX today. We expect prices to trade range bound to range bound for the day, as expectations of an interest rate hike this month offset support from worries about a trade war.”

On the global front, gold prices steadied early on Monday, after falling to the lowest in more than a week in the previous session, as expectations of an interest rate hike this month offset support from worries about a trade war.

To Get Free Trial on Commodity Market Tips, Mcx Trading Tips give

Missed call @8817002233, WHATSAPP NO.8602780449

Mail Us = starindiamarket@gmail.com

visit = https://www.starindiaresearch.com/mcx-tips.php