Mcx Commodity Market News : Morning Session
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Silver rises on firm global cues
26/10/2016 08:42
Silver futures closed higher in the domestic market on Tuesday after participants raised their bets amid firming global trends. Analysts attributed the rise in silver prices at futures trade to a firming trend in the precious metals overseas. At the MCX, silver futures for December 2016 contract closed at Rs 42,433 per kg, up by 0.89 per cent, after opening at Rs 42,151, against a previous close of Rs 42,058. It touched the intra-day high of Rs 42,458.
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Crude oil flat on doubts over OPEC deal
26/10/2016 08:42
Crude oil futures closed flat in the domestic market on Tuesday as doubts continued surrounding the Organization of the Petroleum Exporting Countries’s plan to curb production in the wake of Iraq’s apparent unwillingness to participate in the deal. Iraqi oil officials over the weekend reportedly said they would not scale back output which currently stands at 4.77 million barrels a day. At the MCX, crude oil futures for November 2016 contract closed at Rs 3357 per barrel, up by 0.06 per cent, after opening at Rs 3360, against a previous close of Rs 3355. It touched the intra-day high of Rs 3414.
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Gold rises on weak US dollar
26/10/2016 08:41
Gold futures closed higher in the domestic market on Tuesday as uncertainty ahead of the U.S. presidential election, some weakness in the U.S. dollar and a fall in domestic equities boosted the metal’s appeal. Traders continued to eye economic data for hints on the prospects for a Federal Reserve interest-rate increase before the end of the year. Higher rates tend to send investors away from precious metals into investments that carry a yield. At the MCX, gold futures for December 2016 contract ended at Rs 29980 per 10 grams, up by 0.73 per cent, after opening at Rs 29,842, against a previous close of Rs 29,763. It touched the intra-day high of Rs 29,982.
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
Silver rises on firm global cues
26/10/2016 08:42
Silver futures closed higher in the domestic market on Tuesday after participants raised their bets amid firming global trends. Analysts attributed the rise in silver prices at futures trade to a firming trend in the precious metals overseas. At the MCX, silver futures for December 2016 contract closed at Rs 42,433 per kg, up by 0.89 per cent, after opening at Rs 42,151, against a previous close of Rs 42,058. It touched the intra-day high of Rs 42,458.
Click Here & Register To Get 2 days Trial Tips
Join Our Whatsapp No : 9841986753
Crude oil flat on doubts over OPEC deal
26/10/2016 08:42
Crude oil futures closed flat in the domestic market on Tuesday as doubts continued surrounding the Organization of the Petroleum Exporting Countries’s plan to curb production in the wake of Iraq’s apparent unwillingness to participate in the deal. Iraqi oil officials over the weekend reportedly said they would not scale back output which currently stands at 4.77 million barrels a day. At the MCX, crude oil futures for November 2016 contract closed at Rs 3357 per barrel, up by 0.06 per cent, after opening at Rs 3360, against a previous close of Rs 3355. It touched the intra-day high of Rs 3414.
Click Here & Register To Get 2 days Trial Tips
Join Our Whatsapp No : 9841986753
Gold rises on weak US dollar
26/10/2016 08:41
Gold futures closed higher in the domestic market on Tuesday as uncertainty ahead of the U.S. presidential election, some weakness in the U.S. dollar and a fall in domestic equities boosted the metal’s appeal. Traders continued to eye economic data for hints on the prospects for a Federal Reserve interest-rate increase before the end of the year. Higher rates tend to send investors away from precious metals into investments that carry a yield. At the MCX, gold futures for December 2016 contract ended at Rs 29980 per 10 grams, up by 0.73 per cent, after opening at Rs 29,842, against a previous close of Rs 29,763. It touched the intra-day high of Rs 29,982.
