MCX MORNING UPDATE BULLION – Bullion counter may trade with sideways bias as nonfarm payroll data to give further direction the prices. Gold was flat on Friday, due to rise in risk sentiment after U.S. President Donald Trump’s latest comments rekindled hopes of a trade deal with China, but dollar’s weakness kept the bullion on […]
MCX MORNING UPDATE BULLION – Bullion counter may witness profit booking at higher levels as gold may fall after hitting their highest in more than a week as stocks gained on better-than-expected China factory data and the greenback strengthened, despite fresh uncertainty over a US China trade truce. Gold is traditionally seen as a safe […]
MCX MORNING UPDATE BULLION – Bullion counter may trade on weaker path. Gold steadied on Monday after paring losses as weak U.S. manufacturing data rekindled worries about a slowing economy, while palladium exceeded $1,860 per ounce in its week-long surge to new all-time highs on a supply crunch. His notion is that the U.S. Federal […]
MCX MORNING UPDATE BULLION – Bullion counter may trade on weaker path. Gold prices fell after hitting their highest in more than a week on Monday, as stocks gained on better-than-expected China factory data and the greenback strengthened, despite fresh uncertainty over a US-China trade truce. Bullion prices, however, failed to stay afloat despite news […]
MCX MORNING UPDATE BULLION – Bullion counter may trade on mixed path. Gold slipped on Friday and was set for its worst month in three years as hopes for a US China trade deal supported demand for riskier assets and the dollar, weighing on the safe-haven metal. US President Donald Trump on Wednesday signed into […]
MCX MORNING UPDATE BULLION – Bullion counter may trade on sideways to positive side as gold rose on Thursday as investors bought the safe-haven metal amid new doubts about whether the United States and China will sign a trade deal after President Donald Trump signed legislation supporting protesters in Hong Kong, irking Beijing. Asian share […]
MCX MORNING UPDATE BULLION – Bullion counter may open on weaker side as gold prices inched lower on Wednesday after US President Donald Trump said an interim trade deal with China is close, boosting demand for riskier assets. Sales of new US single-family homes unexpectedly fell in October following recent strong gains. Gold can move […]
MCX MORNING UPDATE Copper Turns Choppy Amid Mixed Economic Cues. Copper saw choppy moves amid soaring equities. COMEX Copper is consolidating around $2.65 per pound mark. MCX Copper slipped by half a percent to end at Rs 433.55 per kg. On the economic front, the German business confidence improved in November, data from IFO institute […]
MCX MORNING UPDATE BULLION – Bullion counter may open in red as gold prices touched their lowest in a week on Monday as positive developments towards an interim trade deal between the United States and China lifted demand for riskier assets and boosted the dollar. US national security adviser Robert O’Brien said on Saturday that […]
MCX MORNING UPDATE BULLION – Bullion counter were little changed on Friday as a report of China’s efforts to smooth the way for trade talks with the US offset Worries that an interim deal might not occur until next year. China has invited top U.S. trade negotiators for a new round of faceto-ace talks in […]
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