Mcx Commodity Market News : Morning Session
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Crude oil down on rise in US crude inventories
04/11/2016 08:45
Crude oil futures closed lower in the domestic market on Thursday after government data showed a record rise in crude inventories. The huge weekly rise in crude supplies was likely tied to oil transport and reporting delays due to the hurricane and tropical storms last month, OPEC members announced plans in late September in Algiers to cut production down to a set target of no more than 33 million barrels per day, but also said it didn’t expect the plan to go into effect until the Nov. 30 meeting in Vienna. At the MCX, crude oil futures for November 2016 contract closed at Rs 2978 per barrel, down by 1.55 per cent, after opening at Rs 3039, against a previous close of Rs 3025. It touched the intra-day low of Rs 2968.
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Silver down on weak global cues
04/11/2016 08:44
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 43,278 per kg, down by 1.82 per cent, after opening at Rs 44,059, against a previous close of Rs 44,079. It touched the intra-day low of Rs 42,660.
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Gold dips on weak global cues
04/11/2016 08:43
Gold futures closed lower in the domestic market on Thursday as traders digested the latest news linked to the U.K. exit from the European Union and weighed prospects for the metal ahead of next week’s U.S. presidential election. Weakness in the greenback, however, didn’t provide much support for dollar-denominated gold prices. At the MCX, gold futures for December 2016 contract ended at Rs 30465 per 10 grams, down by 0.66 per cent, after opening at Rs 30,649, against a previous close of Rs 30,666. It touched the intra-day low of Rs 30,206.
Free Mcx Commodity Trend Update ( Call - 9094047040)
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Join Our Whatsapp No : 9841986753
Keep Refresh for Fresh Tips
Crude oil down on rise in US crude inventories
04/11/2016 08:45
Crude oil futures closed lower in the domestic market on Thursday after government data showed a record rise in crude inventories. The huge weekly rise in crude supplies was likely tied to oil transport and reporting delays due to the hurricane and tropical storms last month, OPEC members announced plans in late September in Algiers to cut production down to a set target of no more than 33 million barrels per day, but also said it didn’t expect the plan to go into effect until the Nov. 30 meeting in Vienna. At the MCX, crude oil futures for November 2016 contract closed at Rs 2978 per barrel, down by 1.55 per cent, after opening at Rs 3039, against a previous close of Rs 3025. It touched the intra-day low of Rs 2968.
Click Here & Register To Get 2 days Trial Tips
Join Our Whatsapp No : 9841986753
Silver down on weak global cues
04/11/2016 08:44
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 43,278 per kg, down by 1.82 per cent, after opening at Rs 44,059, against a previous close of Rs 44,079. It touched the intra-day low of Rs 42,660.
Click Here & Register To Get 2 days Trial Tips
Join Our Whatsapp No : 9841986753
Gold dips on weak global cues
04/11/2016 08:43
Gold futures closed lower in the domestic market on Thursday as traders digested the latest news linked to the U.K. exit from the European Union and weighed prospects for the metal ahead of next week’s U.S. presidential election. Weakness in the greenback, however, didn’t provide much support for dollar-denominated gold prices. At the MCX, gold futures for December 2016 contract ended at Rs 30465 per 10 grams, down by 0.66 per cent, after opening at Rs 30,649, against a previous close of Rs 30,666. It touched the intra-day low of Rs 30,206.
