Mcx Zinc Positional HNI Call – SELL 2 lot ZINC June at CMP 214.50 for Target 202 – 197.50 with SL Above price 218.90 (Hold till Contract Expiry) Read More
NEW YORK (Reuters) - Global benchmark Brent crude surged nearly $2 a barrel on Thursday, lifted by concern about a steep drop in exports from Venezuela and worries OPEC may not raise production at its meeting this month.Brent crude futures LCOc1 settled up $1.96 a barrel, or 2.6 percent at $77.32. U.S. West Texas Intermediate (WTI) crude CLc1 rose $1.22, or 1.88 percent to $65.95 a barrel.Surging...Read More
(Kitco News) - After a lackluster start to the year, silver is starting to show some relative strength against gold but this trend might not last, according to one UK-based research firm.The gold/silver ratio has dropped more than 4% since its recent highs two months ago and is currently trading at 77.72 points, as silver prices are pushing to a three-week high and are testing resistance below $17...Read More
MCX COPPER INTRADAY TIPSCopper Intraday – Copper Sell call b2c given at price 485 Achieved 1st Target 483. CMP 483. Total 2 Point x 2 lot = 4 points profitTIPS ID b2c : Today Copper Call - SELL 2 lot Copper at CMP 485 for Target Small at price 483 - 482 with SL Above price 487.10 Read More
DAILY LME STOCK REPORTLME INVENTORY TODAY DATA : 07/06/2018 Aluminium down by -6175MT,Copper up by 3450MT,Lead down by -375MT,Nickel down by -1326MTTin – NA &Zinc down by -300MT. Read More
MCX LEAD TARGET TIPSLead Target Tips – Lead Mcx BUY Call b25 given at price 169.10 Achieved 1st 170 & 2nd Target 170.80. Made 170.85 high. Total Profit made 1.7 Points per lotCALL ID b25 : Today Lead Call - Buy Lead at Market Price 169.10 for Target 170 - 170.8 with SL below price 168 Read More
(Kitco News) - China’s improving wealth is expected to renew growth in jewelry demand, creating long-term support for global gold demand and performance, according to the World Gold Council (WGC).In a report published Wednesday, the WGC said that China’s jewelry renaissance has come as a result of a “painful period of reinvention” that saw the industry evolve to meet a rapi...Read More
Today Copper Call – SELL 2 lot Copper at CMP 485 for Target Small at price 483 – 482 with SL Above price 487.10 Read More
Mcx ZincMini Call – BUY ZincMini at CMP 214.60 Add more at price 214 for Target 215.70 – 216.40 with Small SL below price 213.70 Read More
TODAY LEAD TRADING TIPSToday Lead Trading – Lead Intraday Buy Call b25 given at 169.10 Achieved 1st 170 Target & CMP 170.60. Near to 2nd Target. Profit Chance of 1.5 Points per lotb25 : Today Lead Call - Buy Lead at Market Price 169.10 for Target 170 - 170.8 with SL below price 168 Read More
(Kitco News) - Gold prices were near steady in early-afternoon U.S. trading Thursday. Silver prices were modestly up and scored a six-week high today. The U.S. dollar index has been drifting lower this week, which is a positive development for the precious metals market bulls. August Comex gold futures were last up $0.50 an ounce at $1,301.80. July Comex silver was last up $0.141 at $16.83 an ounc...Read More
Today Lead Call – Buy Lead at Market Price 169.10 for Target 170 – 170.8 with SL below price 168 Read More
(Kitco News) - In an environment with growing, financial uncertainty, investors should be holding a higher allocation of gold in their portfolio but shouldn’t be overweight the metal, according to one famed gold analyst.In an interview with Kitco News, Martin Murenbeeld, president of Murenbeeld & Co., said that the threat of a global trade war, political uncertainty in Europe, and on-aga...Read More
(Kitco News) - Silver prices may remain impeded by a “challenging environment” in the foreseeable future before rising later in the year, eventually poking above $20 an ounce, said Metals Focus Thursday.Analysts released a forecast for the precious metal in conjunction with the London-based consultancy’s Silver Focus 2018 report. They say silver will remain an oversupplied marke...Read More
Silver has outperformed gold lately, points out Commerzbank. On Wednesday, silver prices climbed some 1%. “This has driven the gold/silver ratio to below 78, its lowest level since the end of January,” Commerzbank says. “In our view, silver’s outperformance of gold reflects the risk appetite of market participants and is consistent with the sharp rise in base metals prices....Read More
Gold continues to sit in this consolidation range with false starts up and down. For almost a month, gold gas been trading is less than a 2% range and appears to be all dressed up with nowhere to go. This pattern will break out in one direction or the other. Next week there are three main events that could move the metals. On Tuesday, President Trump meets with North Korea, Wednesday the Fed anno...Read More
SHANGHAI, Jun 7 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar fell for three consecutive trading days and closed at 93.6 overnight while the euro climbed up. Following Canada and Mexico,the European Commission approved the decision on Wednesday to impose additional duties on the full list of US products submitted to...Read More
SHANGHAI, Jun 7 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar fell for three consecutive trading days and closed at 93.6 overnight while the euro climbed up. Following Canada and Mexico,the European Commission approved the decision on Wednesday to impose additional duties on the full list of US products submitted to...Read More
SHANGHAI, Jun 7 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar fell for three consecutive trading days and closed at 93.6 overnight while the euro climbed up. Following Canada and Mexico,the European Commission approved the decision on Wednesday to impose additional duties on the full list of US products submitted to...Read More
The latest news and price moves to start the Asian day on Thursday June 7.Copper prices on the London Metal Exchange continued to rally at the close of trading on Wednesday June 6, ending trading 1.6% higher and surpassing $7,200 per tonne for the first time since January 2. Read more in our live futures report. Here are how prices looked at the close of trading:Comex copper prices climbed by 1.6%...Read More