Mcx Commodity Market News : Morning Session
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Silver up on strong global cues
03/11/2016 08:39
Silver futures closed higher in the domestic market on Wednesday 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 44,041 per kg, up by 1.07 per cent, after opening at Rs 43,670, against a previous close of Rs 43,573. It touched the intra-day high of Rs 44,200.
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Crude oil down on rise in US crude stockpiles
03/11/2016 08:39
Crude oil futures closed lower in the domestic market on Wednesday after U.S. data revealed that crude stockpiles jumped by more than 14 million barrels—the largest weekly climb on record. In September, OPEC reached a preliminary agreement to cut production, possibly by 200,000 to 700,000 barrels a day. The goal was to pump up prices by removing some unwanted barrels from the market, but OPEC said it wouldn’t complete details of the plan until the official Nov. 30 meeting. At the MCX, crude oil futures for November 2016 contract closed at Rs 3027 per barrel, down by 2.51 per cent, after opening at Rs 3100, against a previous close of Rs 3105. It touched the intra-day low of Rs 3008.
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Gold rises on weak US dollar
03/11/2016 08:38
Gold futures closed higher in the domestic market on Wednesday as weakness in the U.S. dollar and equities and uncertainty surrounding the outcome of the upcoming U.S. presidential election lifted prices to their highest level in a month. Gold gained as the U.S. dollar lost ground versus major rivals with polls showing that the U.S. presidential race between Republican nominee Donald Trump and Democratic rival Hillary Clinton has continued to tighten. At the MCX, gold futures for December 2016 contract ended at Rs 30625 per 10 grams, up by 1.12 per cent, after opening at Rs 30,350, against a previous close of Rs 30,285. It touched the intra-day high of Rs 30,686.
Free Mcx Commodity Trend Update ( Call - 9094047040)
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Keep Refresh for Fresh Tips
Silver up on strong global cues
03/11/2016 08:39
Silver futures closed higher in the domestic market on Wednesday 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 44,041 per kg, up by 1.07 per cent, after opening at Rs 43,670, against a previous close of Rs 43,573. It touched the intra-day high of Rs 44,200.
Click Here & Register To Get 2 days Trial Tips
Join Our Whatsapp No : 9841986753
Crude oil down on rise in US crude stockpiles
03/11/2016 08:39
Crude oil futures closed lower in the domestic market on Wednesday after U.S. data revealed that crude stockpiles jumped by more than 14 million barrels—the largest weekly climb on record. In September, OPEC reached a preliminary agreement to cut production, possibly by 200,000 to 700,000 barrels a day. The goal was to pump up prices by removing some unwanted barrels from the market, but OPEC said it wouldn’t complete details of the plan until the official Nov. 30 meeting. At the MCX, crude oil futures for November 2016 contract closed at Rs 3027 per barrel, down by 2.51 per cent, after opening at Rs 3100, against a previous close of Rs 3105. It touched the intra-day low of Rs 3008.
Click Here & Register To Get 2 days Trial Tips
Join Our Whatsapp No : 9841986753
Gold rises on weak US dollar
03/11/2016 08:38
Gold futures closed higher in the domestic market on Wednesday as weakness in the U.S. dollar and equities and uncertainty surrounding the outcome of the upcoming U.S. presidential election lifted prices to their highest level in a month. Gold gained as the U.S. dollar lost ground versus major rivals with polls showing that the U.S. presidential race between Republican nominee Donald Trump and Democratic rival Hillary Clinton has continued to tighten. At the MCX, gold futures for December 2016 contract ended at Rs 30625 per 10 grams, up by 1.12 per cent, after opening at Rs 30,350, against a previous close of Rs 30,285. It touched the intra-day high of Rs 30,686.
