• posted by IMV |
  • 01/11/2019

Gold traded lower on Friday as profit booking took place and also strong Chinese economic data relieved pressure of global economic slowdown but the precious metal was set for a second weekly gain as the uncertainty surrounding a U.S.-China trade deal boosted safe-haven appeal.  Crude oil traded higher on Friday as China manufacturing data reported stronger than expected which brought some relief to the investors regarding the...

  • posted by IMV |
  • 03/10/2019

Gold prices traded sideways on Thursday as investors are waiting for the economic data more release as data will most likely impact the Federal Reserve decision on rate cut which will decide the further direction for the Gold. Crude oil traded sideways on Thursday as fears over the slowdown in the global economic outlook that hit prices hard in the previous session offset modest hopes for progress in resolving the U.S.-China trade war....

  • posted by IMV |
  • 15/9/2019

Crude oil (Weekly Outlook- Bullish) Prescription for $100/bbl………   Market Commentary:  Drone strikes on the world’s biggest oil producer likely to spiked oil prices As per the media reported, the drone strikes on the world’s biggest oil producer, Saudi Arabian oil company Aramco disrupting around 5% of the global oil supply and exacerbating tensions in the Persian Gulf, India...

  • posted by IMV |
  • 21/8/2019

Gold traded sideways on Wednesday as trading cautiously ahead of the US’s FOMC meeting due today and European Central Bank will release minutes from their latest policy meetings this week. Crude oil traded higher on Friday as the US API (American Petroleum Institute) reported lower than expected as it has fell for the first time in the last three weeks which is positive for the Crude oil price. Technical Levels Gold...

  • posted by IMV |
  • 07/8/2019

Gold traded sideways on Wednesday after a gap up opening on the expectation that the US and China trade talks are not going to resolve any soon which create concern about the global economy due to which traders are moving towards Gold for the investment. Crude oil traded lower on Wednesday on the expectation that the US and China trade talks are not going to resolve any soon which will not let the grow the demand for crude oil. Also,...

  • posted by IMV |
  • 17/7/2019

Gold traded sideways on Wednesday as dollar index firmed on strong US retail sales data, on the other hand, there is still hope that Federal Reserve could cut interest rate and also broad uncertainties over trade between Washington and Beijing supporting the price of Gold. Crude oil gained a little bit after free fall in the previous trading session as industry data suggested that the crude oil inventory fell less than expected. ...

  • posted by IMV |
  • 07/6/2019

Bullion investors prepare for possible summer surprise… Gold prices continued scaling higher in the past couple of days and touched over three-month tops amid heightened global trade tension. Meanwhile, the recent trade war jitters continued fueling fears of a sharp economic slowdown and now seemed to have forced investors to start pricing in a possible Fed rate cut by the end of this year. The same was stated by St. Louis Fed...

  • posted by IMV |
  • 03/2/2019

 Tonnnesss of money minted in bullion, base metal, and Energy. Hope you all enjoyed levels of Indian Market View   Gold from 32450---33450, Silver from 39800---40750    Copper from 422---439.90, Zinc from 195---200 In a range-bound market, We gained handsome return in Crude oil too    Still thinking for joining us???  Need not to worry at all... watch...