Mcx Commodity Market News : Morning Session - 10.10.2016
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White metal shines on global cues
10/10/2016 09:43
Silver futures closed higher in the domestic market on Friday as investors and speculators widened their positions in the precious metals amid firm trend in global markets.
Further, participants build up of positions by tracking a slightly better trend in global markets for precious metals after the September US non-farm payrolls came in at up 156,000, which was a slight miss to the downside from market expectations of a rise of 170,000, supported prices for silver at futures trade.
At the MCX, silver futures for December 2016 contract ended at Rs 41846 per kg, up by 0.78 per cent, after opening at Rs 41625, against a previous close of Rs 41521. It touched the intra-day high of Rs 42300.
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Crude oil futures in reverse gear
10/10/2016 09:33
Crude oil futures closed lower in the domestic market on Friday as investors and speculators exited their positions in the energy commodity tracking weak cues from global markets on hopes of OPEC crude output cuts.
Further, a report showed that the US drillers adding rigs in 14 of the past 15 weeks, too weighed on crude oil prices at futures trade.
At the MCX, crude oil futures for October 2016 contract ended at Rs 3322 per barrel, down by 1.37 per cent, after opening at Rs 3361, against a previous close of Rs 3368. It touched the intra-day low of Rs 3296.
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Yellow metal little changed on overseas cues
10/10/2016 09:13
Gold futures closed little changed in the domestic market on Friday as investors and speculators widened their positions in the precious metal tracking positive cues from overseas markets after the US September jobs report.
The September US non-farm payrolls came in at up 156,000, which was a slight miss to the downside from market expectations of a rise of 170,000, thus raised demand for the safe haven.
At the MCX, gold futures for December 2016 contract ended at Rs 29,592 per 10 grams, up by 0.06 per cent, after opening at Rs 29,600, against a previous close of Rs 29575. It touched the intra-day high of Rs 29860.
Free Mcx Commodity Trend Update ( Call - 9094047040)
Click Here & Register To Get 2 days Trial Tips
Join Our Whatsapp No : 9841986753
Keep Refresh for Fresh Tips
White metal shines on global cues
10/10/2016 09:43
Silver futures closed higher in the domestic market on Friday as investors and speculators widened their positions in the precious metals amid firm trend in global markets.
Further, participants build up of positions by tracking a slightly better trend in global markets for precious metals after the September US non-farm payrolls came in at up 156,000, which was a slight miss to the downside from market expectations of a rise of 170,000, supported prices for silver at futures trade.
At the MCX, silver futures for December 2016 contract ended at Rs 41846 per kg, up by 0.78 per cent, after opening at Rs 41625, against a previous close of Rs 41521. It touched the intra-day high of Rs 42300.
Click Here & Register To Get 2 days Trial Tips
Join Our Whatsapp No : 9841986753
Crude oil futures in reverse gear
10/10/2016 09:33
Crude oil futures closed lower in the domestic market on Friday as investors and speculators exited their positions in the energy commodity tracking weak cues from global markets on hopes of OPEC crude output cuts.
Further, a report showed that the US drillers adding rigs in 14 of the past 15 weeks, too weighed on crude oil prices at futures trade.
At the MCX, crude oil futures for October 2016 contract ended at Rs 3322 per barrel, down by 1.37 per cent, after opening at Rs 3361, against a previous close of Rs 3368. It touched the intra-day low of Rs 3296.
Click Here & Register To Get 2 days Trial Tips
Join Our Whatsapp No : 9841986753
Yellow metal little changed on overseas cues
10/10/2016 09:13
Gold futures closed little changed in the domestic market on Friday as investors and speculators widened their positions in the precious metal tracking positive cues from overseas markets after the US September jobs report.
The September US non-farm payrolls came in at up 156,000, which was a slight miss to the downside from market expectations of a rise of 170,000, thus raised demand for the safe haven.
At the MCX, gold futures for December 2016 contract ended at Rs 29,592 per 10 grams, up by 0.06 per cent, after opening at Rs 29,600, against a previous close of Rs 29575. It touched the intra-day high of Rs 29860.
