• posted by IMV |
  • 28/11/2017

Updates on Bullion, Base Metals and Energy Levels 28th  November 17Gold futures ended higher on Monday, toughing a six week high as the dollar weakened. The bullion edged up as investors looked ahead to congressional testimony by the nominee to chair the U.S. Federal Reserve and a meeting between US President Donald Trump and Senate Republicans on tax reform.Crude oil futures snapping their gaining streak ended lower on Tuesday, as...

  • posted by IMV |
  • 27/11/2017

Updates on Bullion, Base Metals and Energy Levels 27th November 17Gold futures traded flat on Monday, as dollar hovers near 2 month low hit in the previous session against a basket of major currencies. The bullion also muted as investors are looking to the Congressional hearing on Fed Chair nominee Jerome Powell on Tuesday.Crude oil futures ended at a fresh two week high on Friday on a report suggesting OPEC and Russia agreed on a plan to extend...

  • posted by IMV |
  • 24/11/2017

Update on Bullion, Base Metal and Energy Levels 24th November 2017Gold futures traded flat after rising nearly 1% in the previous session as the dollar extended its swoon amid reduced expectations for US interest rate hikes next year. Trading was lighter than usual, with Japanese financial markets shut for a public holiday and US markets closed for the Thanksgiving holiday. The US dollar came under broad selling pressure after the minutes of the...

  • posted by IMV |
  • 23/11/2017

Update on Bullion, Base Metal and Energy Levels 23rd November 2017Gold futures ended higher on Wednesday on the back of a weaker dollar against some major basket of currencies, and moved up in electronic trading after minutes from the Federal Reserve’s November meeting hinted that the central bank may not be as aggressive in raising interest rates next year as expected.Crude oil futures extended their gains on Wednesday, after data showed crude...

  • posted by IMV |
  • 22/11/2017

Update on Bullion, Base Metal and Energy Levels 22nd November 2017Gold futures ended higher on Tuesday as the US dollar headed lower and investors looked to minutes due midweek from the Federal Reserve’s recent meeting for clues on plans for interest rates.Crude oil futures improved on MCX as speculators raised their bets amid a firm trend overseas as ongoing cuts of piped Canadian crude to the United States added to falling US crude inventories,...

  • 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...