• posted by IMV |
  • 21/11/2017

Update on Bullion, Base Metal and Energy Levels 21st November 2017Gold futures ended lower on Monday as the dollar gained and the euro weakened amid German political turmoil that left Chancellor Angela Merkel’s prospects of serving a fourth term in doubt. Traders expect that the Federal Reserve will raise interest rates in December, further diminishing gold's shine.Crude oil futures declined on Monday, as traders turned cautious ahead of the OPEC...

  • posted by IMV |
  • 17/11/2017

Update on Bullion, Base Metal and Energy Levels 17th November 2017Gold futures ended higher on Thursday as US economic data fed uncertainty over the Federal Reserve’s path for interest-rate hikes and a rebound in US equities kept prices in a tight trading range. Though, a stronger US dollar against some major basket of currencies capped some gains in gold futures.Crude oil futures continuing their bearish trend ended lower on Thursday, amid a...

  • posted by IMV |
  • 16/11/2017

Update on Bullion, Base Metal and Energy Levels 16th November 2017Gold futures dropped on Wednesday in a see-saw trade, though it initially rose to the highest since October 20. The yellow metal dragged and hanged near session lows as US dollar trimmed losses on inflation data.Crude oil futures continued their weakness and slid to their fresh two week low on Wednesday, after government data showed a more modest build in U.S. oil stockpiles and as...

  • posted by IMV |
  • 15/11/2017

Update on Bullion, Base Metals and Energy Levels 15th November 2017Gold futures ended higher on Tuesday due to a weak US dollar against a basket of major currencies and sluggish stock market helped pull the precious metal off a one-week low hit, while traders also said uncertainty over the fate of a US tax cut prompted some safe-haven buying of gold.Crude oil futures plunged on Tuesday to settle near two-week lows after the International Energy...

  • posted by IMV |
  • 14/11/2017

Update on Bullion, Base Metal and Energy Levels 14th November 2017Gold futures ended higher on Monday as the US dollar steadied and uncertainty over a US tax reform plan stoked risk aversion, pulling equities from their recent record highs. Meanwhile, investors awaited more clues on the path of US interest rates.Crude oil futures made mostly a flat closing on Monday, as investors weighed the prospect of supply disruptions amid rising Middle East...

  • posted by IMV |
  • 13/11/2017

Updates on Bullion, Base Metal and Energy Levels 13th November 2017Gold futures traded higher on MCX as investors looked ahead to key US economic reports to gauge how it will impact the Federal Reserve's view on monetary policy in the months ahead.Crude oil futures ended in red on Friday, trimming strong recent gains as data showed the US oil rig count jumped last week. Also, as investors fretted over an uptick in US production but losses were...

  • posted by IMV |
  • 10/11/2017

Update on Bullion and Energy Levels 10th November 2017Gold futures ended higher on Thursday as dollar fell against a basket of major currencies as investors balked at emerging details of the US Senate Republicans' version of a tax cut plan.Crude oil futures bounced back and ended higher on Thursday despite a report tempering expectation for further supply cuts from OPEC. Traders got some support with the ongoing unrest in the Middle East, while...

  • posted by IMV |
  • 09/11/2017

Updates on Bullion, Base Metal and Energy Levels 9th November 2017Gold futures ended higher on Wednesday as investors grew more skeptical that the White House will be able to push through its tax overhaul in coming months.Crude oil futures declined on Wednesday, second day in a row after data showed crude supplies rose unexpectedly, while production jumped to a record all-time high last week offsetting a larger-than-expected draw in refineries....

  • posted by IMV |
  • 08/11/2017

Update on Bullion, Base Metal and Energy Levels 08th November 2017Market players are looking for more clarity on Trump’s tax plan, political development in Saudi Arabia and US stance on North Korea. As per latest reports, Senate Republican leaders are considering 1-year delay in corporate tax cut. Political uncertainty is high in Saudi Arabia post recent arrest of high profile individuals ordered by Crown Price Salman. US President Trump...

  • posted by IMV |
  • 07/11/2017

Update on Bullion, Base Metal and Energy Levels 7th November 2017Gold futures ended higher on Monday, extending gains as geopolitical risks drove investors to safe-haven assets after the metal's third-straight weekly decline. Besides, a weaker US dollar against the major basket of currencies also fuelled the uptrend.Crude oil futures extended their surge on Monday after Saudi Arabia Crown Prince Mohammed bin Salman, through an anti-corruption...