Mcx Commodity Market News : Morning Session
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Silver rises on firm global cues
02/11/2016 08:47
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 43,562 per kg, up by 2.74 per cent, after opening at Rs 42,494, against a previous close of Rs 42,402. It touched the intra-day high of Rs 43,740.
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Crude oil down on rise in US crude supplies
02/11/2016 08:47
Crude oil futures closed lower in the domestic market on Tuesday after the American Petroleum Institute reported a 9.3 million-barrel climb in U.S. crude supplies for the week ended Oct. 28.
Analysts polled by S&P Global Platts forecast an increase of 1.9 million barrels in stockpiles.
At the MCX, crude oil futures for November 2016 contract closed at Rs 3109 per barrel, down by 1.40 per cent, after opening at Rs 3140, against a previous close of Rs 3153. It touched the intra-day low of Rs 3096.
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Gold rises on US election likely outcome
02/11/2016 08:46
Gold futures closed higher in the domestic market on Tuesday after a new poll showed that enthusiasm for Hillary Clinton has ebbed since the renewal of the FBI’s email investigation ahead of the upcoming U.S. presidential election.
The market is also keeping an eye on the outcome of the Federal Reserve's two-day policy meeting, which begins on Tuesday. The U.S. central bank is not expected to raise interest rates, but could signal its intent to hike in December amid signs the economy is picking up steam.
At the MCX, gold futures for December 2016 contract ended at Rs 30295 per 10 grams, up by 1.15 per cent, after opening at Rs 30,000, against a previous close of Rs 29,950. It touched the intra-day high of Rs 30,314.
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
02/11/2016 08:47
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 43,562 per kg, up by 2.74 per cent, after opening at Rs 42,494, against a previous close of Rs 42,402. It touched the intra-day high of Rs 43,740.
Click Here & Register To Get 2 days Trial Tips
Join Our Whatsapp No : 9841986753
Crude oil down on rise in US crude supplies
02/11/2016 08:47
Crude oil futures closed lower in the domestic market on Tuesday after the American Petroleum Institute reported a 9.3 million-barrel climb in U.S. crude supplies for the week ended Oct. 28.
Analysts polled by S&P Global Platts forecast an increase of 1.9 million barrels in stockpiles.
At the MCX, crude oil futures for November 2016 contract closed at Rs 3109 per barrel, down by 1.40 per cent, after opening at Rs 3140, against a previous close of Rs 3153. It touched the intra-day low of Rs 3096.
Click Here & Register To Get 2 days Trial Tips
Join Our Whatsapp No : 9841986753
Gold rises on US election likely outcome
02/11/2016 08:46
Gold futures closed higher in the domestic market on Tuesday after a new poll showed that enthusiasm for Hillary Clinton has ebbed since the renewal of the FBI’s email investigation ahead of the upcoming U.S. presidential election.
The market is also keeping an eye on the outcome of the Federal Reserve's two-day policy meeting, which begins on Tuesday. The U.S. central bank is not expected to raise interest rates, but could signal its intent to hike in December amid signs the economy is picking up steam.
At the MCX, gold futures for December 2016 contract ended at Rs 30295 per 10 grams, up by 1.15 per cent, after opening at Rs 30,000, against a previous close of Rs 29,950. It touched the intra-day high of Rs 30,314.
