Zinc Hold Call – SELL Zinc at CMP 214.10 Add more at price 215.50 with SL Above price 217.40 for Target 210.20 – 207.20 Read More
TARGET FOR ZINCTarget for Zinc – Zinc Positional Buy call 9be given at price 207 Achieved 1st Target 213. CMP 213.80. Total profit of 6.8 Points per lot / Rs 34000TIPS ID 9be : Mcx Zinc Positional - BUY Zinc June at CMP 207 for Target 213 - 215 with SL below price 203.80 Read More
MCX TODAY NICKEL CALLNickel Call – BUY Nickel at CMP 1039.10 for Target 1045.50 – 1049.0 with SL below price 1032.80. RISK taker trade 2 lots Read More
Lead Trading – Lead BUY Call ad7 given at price 168.30 Achieved 2nd Target 169.90. Made 170.10 high. Profit of 1.6 Points per lotad7 : Mcx Lead Calls - Buy Lead at CMP 168.30 for Target 169.20 - 169.90 with S L below price 167.20 Read More
(Kitco News) - Gold prices were firmer and pushed back above the key $1,300.00 level in early-afternoon U.S. trading Tuesday. Some short covering in the futures market and bargain hunting in the cash market were featured, following recent selling pressure. Metals traders are looking for some new fundamental news to help drive prices. August Comex gold futures were last up $5.50 an ounce at $1,302....Read More
Lead Mcx – Lead Buy Call ad7 given at price 168.30 Achieved 1st Target 169.20. Total profit of 0.9 Points Per lot in lead tipsMCX TIPS ID ad7 : Mcx Lead Calls - Buy Lead at CMP 168.30 for Target 169.20 - 169.90 with S L below price 167.20 Read More
(Kitco News) - Although market fears of an Italian contagion effect are now largely subdued, one strategist said that the country is not out of the woods, yet. With Premier Giuseppe Conte heading a newly sworn-in Cabinet to head a coalition government, financial markets found relief in political stability, but not everyone is confident in the populist leaders’ policies. Francesco Papadia...Read More
Mcx Lead Calls – Buy Lead at CMP 168.30 for Target 169.20 – 169.90 with S L below price 167.20Lead daily chart has formed "Megaphone" pattern. The last session ended up bullish in trend after a few consolidations inside the channel. The market is expected to continue on a bullish momentum, testing all the way through 170-172 levels in the upcoming sessions. Alternatively, if the marke...Read More
(Kitco News) - Despite recent resiliency in equities, the market is moving closer to a turning point and one quantitative investment strategist says now is the time for investors to get a little defensive and add broad-based commodities to their portfolios, including gold.In an interview with Kitco News, Scotty George, chief investment strategist at Alexander Capital, said that his firm is current...Read More
Gold prices are flat amid offsetting factors, says commodities brokerage SP Angel. Investors are sidelined with a strong U.S. dollar after seven weeks of gains and U.S. data bolstering the Federal Reserve’s case to lift interest rates again next week, analysts say. “Flat trading mirrors the lack of volatility in the precious metal, with a gauge of 30-day volatility in Comex futures sin...Read More
Gold and silver continue in sleepy trade as the equities continue to rally. The pattern in the metals is quiet consolidation, hovering near the recent lows. Volume has been light and volatility nonexistent; however, the metals appear to be preparing for a big move. The sellers appear to be exhausted since taking gold from $1,365 to $1,280. Typically trading action like this will lead to a much bi...Read More
SHANGHAI, Jun 5 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index weakened overnight but rebounded above 94 after the US-North Korea summit was finalised.Both LME and SHFE metals rose across the board overnight except for tin. SHFE tin dropped close to 1% and LME tin dipped. LME lead rose over 1%, and SHFE lead gained o...Read More
SHANGHAI, Jun 5 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index weakened overnight but rebounded above 94 after the US-North Korea summit was finalised.Both LME and SHFE metals rose across the board overnight except for tin. SHFE tin dropped close to 1% and LME tin dipped. LME lead rose over 1%, and SHFE lead gained o...Read More
SHANGHAI, Jun 5 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index weakened overnight but rebounded above 94 after the US-North Korea summit was finalised.Both LME and SHFE metals rose across the board overnight except for tin. SHFE tin dropped close to 1% and LME tin dipped. LME lead rose over 1%, and SHFE lead gained o...Read More
The latest news and price moves to start the Asian day on Tuesday June 5.Base metals on the London Metal Exchange ended trading mostly higher on Monday June 4, with tin the only metal to trade negatively amid strong performances in three-month copper, lead and nickel prices. Read more in our live futures report. Here are how prices looked at the close of trading:A global solution is needed&nb...Read More
The latest news and price moves to start the Asian day on Tuesday June 5.Base metals on the London Metal Exchange ended trading mostly higher on Monday June 4, with tin the only metal to trade negatively amid strong performances in three-month copper, lead and nickel prices. Read more in our live futures report. Here are how prices looked at the close of trading:A global solution is needed&nb...Read More
Zinc prices on the London Metal Exchange ended 2.4% higher at the close of trading on Tuesday June 5, reaching their highest since April 24, while three-month nickel and copper also finished strongly.Outperforming the rest of the complex, zinc's three-month price reached a high of $3,201 per tonne during the afternoon ring. It has climbed more than 4.5% since its June 4 low of $3,056 per tonne. "W...Read More
All base metals prices on the London Metal Exchange recorded positive moves up during morning trading on Tuesday June 5, with zinc's three-month price leading the complex higher amid a weaker US dollar index. The zinc price climbed 1.4% to reach a high of $3,175 per tonne over the morning. Sister-metal lead is trading in similar form, with this week's push above $2,500 per tonne keeping firmly in...Read More
London Metal Exchange three-month base metals prices pared gains during morning trading on Tuesday June 5, with copper, nickel and zinc prices consolidating lower, while the rest were largely unchanged. On average, the base metals prices were down by 0.1%, while total trading volume was low, with only 5,496 lots traded as at 06.32am London time.With the dollar index trading above 94.00 again, it i...Read More
The EU has ended its anti-dumping investigation into ferro-silicon imports from Egypt and the Ukraine, according to a statement on the European Commission's website on Tuesday June 5.The Commission said the investigation had been terminated after the complainant, industry body Euroalliages, withdrew its complaint by email on February 27. Euroalliages had lodged a complaint with the EU on June 19,...Read More