• posted by IMV |
  • 25/5/2018

Gold prices traded moderately lower in the domestic bourse due rising Indian rupee from its record level however, we haven’t seen much activity in the global market. Yesterday we have seen sharp rise in gold as white house released a letter by Trump to Kim, in which the U.S. president regarding the cancelled summit. Trump cited “tremendous anger and open hostility” in recent statements from Pyongyang and called the outcome a setback for both...

  • posted by IMV |
  • 21/5/2018

Gold prices traded moderately lower due to rise in the U.S dollar against its major currency coupled with likely to hold trade war between China and the U.S. The dollar picked up as China and the U.S. agreed to halt imposing punitive import tariffs. Chinese and American negotiators set up a framework to address the trade imbalances. Dollar-denominated assets such as gold are sensitive to moves in the dollar a gain in the dollar makes gold more...

  • posted by IMV |
  • 18/5/2018

Technical Level    CopperSupport at 458 and Resistance at 467.Break and close above 467 will take it to 478—485 and then 494 marks else could touch its support level of 458.Fresh selling can be initiated only on close below 458 marks.Trade with levels only.NickelSupport is 975 and Resistance is 998Close above 998 will take it to 1020—1045 mark else could touch it support level of 975.Fresh selling can be seen on close below 975...

  • posted by IMV |
  • 20/4/2018

  CopperSupport at 453 and Resistance at 460--664.Break and sustain below 453 will take it to 446--442 and then 436 mark else could touch its resistance level of 460--664.Fresh buying can be initiated only on close above 464 mark.Trade with levels only.NickelSupport is 960 and Resistance is 1010We have seen high volatility in it. Weekly close on either side will set the further trend in it.Fresh selling can be seen on close below...

  • posted by IMV |
  • 16/4/2018

Short-Term recommendation on Aluminum After sharp upside rally...  What to do next in Aluminum??Buy or Sell??Find out Entry, Exit and Stop loss in our new research report. Price just Rs 800/- including all taxesClick on the link to make online payment via Debit Card, Credit card, Net Banking 👉 https://imjo.in/Cb9gK4After payment kindly call your RM or call us on ☎ 01206546555 or 01206586555 to get your report copy instantly.

  • posted by IMV |
  • 11/4/2018

Possibility of a U.S. military strike on Syria turned investors towards safe heaven…Gold prices traded sharply higher as a combination of concerns over ongoing trade tensions between the U.S. and China and the prospect of a U.S. military strike in Syria bolstered haven demand for the precious metals. U.S. President Donald Trump focused on a response to a suspected chemical weapons attack in Syria, the White House reported. Trump said he will...

  • posted by IMV |
  • 19/3/2018

Gold future price traded moderately lower as the dollar stayed firm ahead of the Fed meeting later this week. Investors are expecting the US Federal Reserve to deliver a rate hike for the first time this year.Apart from this market also having a close eye on G-20 meeting which will also be a key driver in most of the financial assets. Rising dollar pressurizing yellow metals to trade with lower bias ahead.Last week we have seen volatility in gold...

  • posted by IMV |
  • 13/3/2018

Gold futures prices traded moderately lower as upbeat U.S. payrolls data sparked a fresh rally in equities, shoring up expectations that the U.S. Federal Reserve would press ahead with further interest rate rises this year. Moreover, the yellow metal also dipped as traders remained concerned about a potential trade war between United States and other major economies.Crude oil futures traded marginally higher as speculators enlarged their...

  • posted by IMV |
  • 07/3/2018

Commodity Alert : Tariff uncertainties a headwind for base metals pricesEquity markets in Asia are weaker on the back of a pick-up in concerns over a trade war, which has escalated with the European Union proposing tariffs on some US goods, and on the resignation of US President Donald Trump’s top economic adviser Gary Cohn. The dollar index has fallen back to levels of 89.53 as the potential for trade wars and Cohn’s resignation weigh on...

  • posted by IMV |
  • 06/3/2018

Gold futures traded higher as sentiment on the greenback remained vulnerable amid uncertainty surrounding US import tariffs imposed last week has led to a spurt in the volatility amidst worries of a potential trade war between US and its trading partners, which have rung an alarming bell on slowing down some of the major economies of the world forcing the major global equities settled the session lower. More importantly, it has taken the focus of...