Mcx Commodity Market News : Evening Session
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White metal shines amid uncertainty over Fed, US election
27/10/2016 14:55
Silver futures were trading higher during the afternoon trade in the domestic market on Thursday as participants widened their bets in the precious metal tracking firm cues overseas.
Further, analysts attributed the rise in silver prices at futures trade to a firm trend in the precious metal globally amid ongoing uncertainty surrounding US Fed monetary policy and the US election, and building up of fresh positions by speculators at the domestic markets ahead of the festive season.
At the MCX, silver futures for December 2016 contract is trading at Rs 42210 per kg, up by 0.22 per cent, after opening at Rs 42026, against a previous close of Rs 42116. It touched the intra-day high of Rs 42250 (at 14:48 hours).
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Copper futures up 0.27% on firm global trend
27/10/2016 14:42
Copper futures were trading higher during the afternoon trade in the domestic market on Thursday as participants extended their positions in the industrial metal tracking firm trend overseas.
Further, prices for copper in the domestic markets rose inline with a firm trend in industrial metals in global markets.
At the MCX, copper futures for November 2016 contract is trading at Rs 319.20 per kg, up by 0.27 per cent, after opening at Rs 317.05, against a previous close of Rs 318.35. It touched the intra-day high of Rs 319.75 (at 14:09 hours).
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Yellow metal shines on firm global trend
27/10/2016 12:49
Gold futures were trading higher during the noon trade in the domestic market on Thursday as investors and speculators extended their positions in the precious metal as sentiment remained supported by prospects of higher domestic demand ahead of the festive season with Diwali and Dhanteras round the corner and amidst firm global trend.
Gold buying in India typically picks up during the festive and wedding season when the bullion is given as a gift.
At the MCX, gold futures for December 2016 contract is trading at Rs 29910 per 10 grams, up by 0.25 per cent, after opening at Rs 29846, against a previous close of Rs 29834. It touched the intra-day high of Rs 29917 (at 12:41 hours).
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Crude oil futures up on Venezuela protests, Asian demand
27/10/2016 12:37
Crude oil futures were trading higher during the noon trade in the domestic market on Thursday as investors and speculators build up fresh positions in the energy commodity on Venezuela's - a major oil producer, political stability concerns and a firm demand in Asia.
However, doubts over OPEC's ability to organize a coordinated production cut, weighed on markets.
At the MCX, crude oil futures for November 2016 contract is trading at Rs 3306 per barrel, up by 0.27 per cent, after opening at Rs 3300, against a previous close of Rs 3297. It touched the intra-day high of Rs 3311 (at 12:30 hours).
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 amid uncertainty over Fed, US election
27/10/2016 14:55
Silver futures were trading higher during the afternoon trade in the domestic market on Thursday as participants widened their bets in the precious metal tracking firm cues overseas.
Further, analysts attributed the rise in silver prices at futures trade to a firm trend in the precious metal globally amid ongoing uncertainty surrounding US Fed monetary policy and the US election, and building up of fresh positions by speculators at the domestic markets ahead of the festive season.
At the MCX, silver futures for December 2016 contract is trading at Rs 42210 per kg, up by 0.22 per cent, after opening at Rs 42026, against a previous close of Rs 42116. It touched the intra-day high of Rs 42250 (at 14:48 hours).
Click Here & Register To Get 2 days Trial Tips
Join Our Whatsapp No : 9841986753
Copper futures up 0.27% on firm global trend
27/10/2016 14:42
Copper futures were trading higher during the afternoon trade in the domestic market on Thursday as participants extended their positions in the industrial metal tracking firm trend overseas.
Further, prices for copper in the domestic markets rose inline with a firm trend in industrial metals in global markets.
At the MCX, copper futures for November 2016 contract is trading at Rs 319.20 per kg, up by 0.27 per cent, after opening at Rs 317.05, against a previous close of Rs 318.35. It touched the intra-day high of Rs 319.75 (at 14:09 hours).
Click Here & Register To Get 2 days Trial Tips
Join Our Whatsapp No : 9841986753
Yellow metal shines on firm global trend
27/10/2016 12:49
Gold futures were trading higher during the noon trade in the domestic market on Thursday as investors and speculators extended their positions in the precious metal as sentiment remained supported by prospects of higher domestic demand ahead of the festive season with Diwali and Dhanteras round the corner and amidst firm global trend.
Gold buying in India typically picks up during the festive and wedding season when the bullion is given as a gift.
At the MCX, gold futures for December 2016 contract is trading at Rs 29910 per 10 grams, up by 0.25 per cent, after opening at Rs 29846, against a previous close of Rs 29834. It touched the intra-day high of Rs 29917 (at 12:41 hours).
Click Here & Register To Get 2 days Trial Tips
Join Our Whatsapp No : 9841986753
Crude oil futures up on Venezuela protests, Asian demand
27/10/2016 12:37
Crude oil futures were trading higher during the noon trade in the domestic market on Thursday as investors and speculators build up fresh positions in the energy commodity on Venezuela's - a major oil producer, political stability concerns and a firm demand in Asia.
However, doubts over OPEC's ability to organize a coordinated production cut, weighed on markets.
At the MCX, crude oil futures for November 2016 contract is trading at Rs 3306 per barrel, up by 0.27 per cent, after opening at Rs 3300, against a previous close of Rs 3297. It touched the intra-day high of Rs 3311 (at 12:30 hours).
