• posted by IMV |
  • 15/12/2017

Update on Bullion, Base Metal and Energy Levels 15th December 2017Gold futures ended slightly lower on Thursday, as dollar strengthened in response to stronger than expected US retail sales data. Further the yellow metal dipped as hike in interest rates reduced the appeal of non-yielding bullion.Crude oil futures made some recovery on Thursday supported by ongoing pipeline shutdown and shrugged off data forecasting a faster than expected rise in...

  • posted by IMV |
  • 14/12/2017

Update on Bullion, Base Metal and Energy Levels 14th December 2017Gold futures ended higher on Wednesday, as speculators widened their bets on inflation worries after the US Federal Reserve hiked interest rates as expected, but left its outlook unchanged for coming years. Meanwhile, the yellow metal also eked out some gains as dollar eased against a basket of currencies.Crude oil futures declined further on Wednesday, as traders overlooked the...

  • posted by IMV |
  • 13/12/2017

Update on Bullion, Base Metal and Energy Levels 13th December 2017Gold futures ended lower on Tuesday, touching five-month low rate as investors muted their trades as they braced for a widely expected US interest rate increase this week and looked for clues about further hikes from the Federal Reserve. The bullion also declined as dollar firmed against basket of major currencies.Crude oil futures snapped their gaining streak and ended lower on...

  • posted by IMV |
  • 12/12/2017

Update on Bullion, Base Metal and Energy Levels 12th December 2017Gold futures ended almost flat on Monday, after its biggest weekly drop in more than six months on Fed meeting overhaul. The yellow metal is highly sensitive to interest rates hikes, as these increase the cost of holding non-yielding bullion, while boosting the dollar, in which it is priced.  Crude oil futures continued their gaining streak to the new week and ended...

  • posted by IMV |
  • 11/12/2017

Update on Bullion, Base Metal and Energy Levels 11th December 2017Gold futures traded flat on Monday, after hitting a four-month low last week, as dollar firms underpinned by expectations of higher U.S. interest rates, while bitcoin seized the spotlight as futures of the crypto currency began trading.  Crude oil futures traded marginally lower on MCX after participants reduced their exposure in tune with a weak trend in Asian markets...

  • posted by IMV |
  • 08/12/2017

Update on Bullion, Base Metal and Energy Levels 8th December 2017Gold futures fell to its lowest in four months on Thursday, as a bounce in the dollar sparked by optimism over US tax reform plans pushed the metal out of its recent narrow trading range. The yellow metal slumped also on concerns that the rising US interest rates will increase the opportunity cost of holding non-yielding bullion.Crude oil futures moved higher on Thursday after a...

  • posted by IMV |
  • 08/12/2017

Crude 0il narrowly mixed in Asia as China trade data awaited, US rig count ahead…Crude oil was narrowly mixed in Asia with China trade figures and US rig count data ahead to set the tone after rising last week and sentiment strong for stable to higher prices. Overnight, crude oil prices settled higher on Thursday as a threatened strike in Nigeria and growing Middle East political tensions stoked fears of supply disruptions, while ongoing OPEC-led...

  • posted by IMV |
  • 07/12/2017

Update on Bullion and Energy Levels 7th December 2017Gold futures were marginally in green but still hovered near two-month low on Wednesday, as dollar firmed against basket of major currencies ahead of a vote on the U.S. tax reform plan. The bullion price also remained under pressured by the view that the US Federal Reserve is almost certain to raise interest rates next week at its final monetary policy meeting for the year.Crude oil futures...

  • posted by IMV |
  • 06/12/2017

Update on Bullion, Base Metal and Energy Levels 6th December 2017Gold futures declined to two-month low on Tuesday, as dollar firmed against a bucket of currencies and as US tech stocks bounced on tax bill optimism. The yellow metal also dropped as investors are looking towards the US non-farm payrolls report this week, the last employment figures ahead the Federal Reserve's monetary policy meeting next week.Crude oil futures made some recovery...

  • posted by IMV |
  • 05/12/2017

Gold futures is trading mixed on MCX, as February contract edged higher due to safe heaven appeal of the bullion amid weak domestic equity markets, though contract for April trimmed on account of subdued demand for precious metals by jewellers, industries and retailers. Crude oil futures declined on Monday, on the back of profit booking by traders on the recent rally which followed last week’s decision by Opec and some non-Opec producers to...