Mcx Commodity Market News : Morning Session - 7.10.2016
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
Crude oil up on likely supply disruption
07/10/2016 09:00
Crude oil futures closed higher in the domestic market on Thursday on expectations that Hurricane Matthew will disrupt supplies, leading to another weekly drawdown in the nation's stockpiles. Also, the Organization of the Petroleum Exporting Countries (OPEC) plans to agree on a coordinated production cut when it next meets in late November, in a bid to rein in a global fuel supply overhang that has dogged prices for the last two years. At the MCX, crude oil futures for October 2016 contract closed at Rs 3372 per barrel, up by 1.54 per cent, after opening at Rs 3307, against a previous close of Rs 3321. It touched the intra-day high of Rs 3377.
Click Here & Register To Get 2 days Trial Tips
Join Our Whatsapp No : 9841986753
Silver down on feeble global cues
07/10/2016 08:59
Silver futures closed lower in the domestic market on Thursday as participants engaged in trimming their positions taking weak cues from global market. Marketmen attributed the fall in silver prices at futures trade to a weak trend in the precious metals overseas and profit-booking by participants at existing levels. At the MCX, silver futures for December 2016 contract closed at Rs 41,490 per kg, down by 2.64 per cent, after opening at Rs 42,500, against a previous close of Rs 42,615. It touched the intra-day low of Rs 41,160.
Click Here & Register To Get 2 days Trial Tips
Join Our Whatsapp No : 9841986753
Gold down on strong US dollar
07/10/2016 08:58
Gold futures closed lower in the domestic market on Thursday amid a rallying U.S. dollar index and upbeat U.S. economic data which continued to produce selling in the precious metals markets. The weekly U.S. jobless claims report Thursday showed a sharp drop in claims in the latest week and added to a batch of generally better U.S. data released this week and helped to push gold prices to new low. At the MCX, gold futures for October 2016 contract ended at Rs 29564 per 10 grams, down by 1.18 per cent, after opening at Rs 29,835, against a previous close of Rs 29,916. It touched the
intra-day low of Rs 29,550.
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
Crude oil up on likely supply disruption
07/10/2016 09:00
Crude oil futures closed higher in the domestic market on Thursday on expectations that Hurricane Matthew will disrupt supplies, leading to another weekly drawdown in the nation's stockpiles. Also, the Organization of the Petroleum Exporting Countries (OPEC) plans to agree on a coordinated production cut when it next meets in late November, in a bid to rein in a global fuel supply overhang that has dogged prices for the last two years. At the MCX, crude oil futures for October 2016 contract closed at Rs 3372 per barrel, up by 1.54 per cent, after opening at Rs 3307, against a previous close of Rs 3321. It touched the intra-day high of Rs 3377.
Click Here & Register To Get 2 days Trial Tips
Join Our Whatsapp No : 9841986753
Silver down on feeble global cues
07/10/2016 08:59
Silver futures closed lower in the domestic market on Thursday as participants engaged in trimming their positions taking weak cues from global market. Marketmen attributed the fall in silver prices at futures trade to a weak trend in the precious metals overseas and profit-booking by participants at existing levels. At the MCX, silver futures for December 2016 contract closed at Rs 41,490 per kg, down by 2.64 per cent, after opening at Rs 42,500, against a previous close of Rs 42,615. It touched the intra-day low of Rs 41,160.
Click Here & Register To Get 2 days Trial Tips
Join Our Whatsapp No : 9841986753
Gold down on strong US dollar
07/10/2016 08:58
Gold futures closed lower in the domestic market on Thursday amid a rallying U.S. dollar index and upbeat U.S. economic data which continued to produce selling in the precious metals markets. The weekly U.S. jobless claims report Thursday showed a sharp drop in claims in the latest week and added to a batch of generally better U.S. data released this week and helped to push gold prices to new low. At the MCX, gold futures for October 2016 contract ended at Rs 29564 per 10 grams, down by 1.18 per cent, after opening at Rs 29,835, against a previous close of Rs 29,916. It touched the
intra-day low of Rs 29,550.
