Bullion Commodity Market

MCX MORNING UPDATE BULLION – Bullion counter may witness some profit booking as gold prices fell on the international market. Gold inched lower on Friday as investors opted for riskier assets after the World Health Organisation stopped short of declaring the China virus outbreak a global emergency, but the precious metal was on track to […]

MCX MORNING UPDATE Gold Tanks From Two Week High. Gold saw a choppy trend yesterday. The metal hit a two week high on heavy selling in global equities and worries over global economic growth kept the losses limited for the metal. Asian stocks slipped today. Chinese experts have confirmed that the novel coronavirus, a cousin […]

MCX MORNING UPDATE BULLION – Bullion counter may remain on upside path as gold prices rose to a near two-week high on Tuesday as investors sought refuge in the safe-haven metal, amid concerns of a virus outbreak in China and tensions in the Middle East, while traders awaited a Bank of Japan policy decision. An outbreak of […]

MCX MORNING UPDATE BULLION – Bullion counter may witness sideways movement to upside bias. Gold traded in a tight range on Monday as strong U.S. economic data fuelled investors’ appetite for riskier assets and dented the metal’s safe-haven appeal. U.S. homebuilding surged to a 13- year high last month as activity increased across the board, […]

MCX MORNING UPDATE BULLION – Bullion counter may witness sideways movement on mixed fundamentals .Gold edged lower on Friday, on track to post its worst week in two months, as positive U.S. economic data and optimism over an interim U.S.-China trade deal boosted appetite for riskier assets and dented some of bullion’s allure. Gold can […]

MCX MORNING UPDATE BULLION – Bullion counter may witness sideways movement as gold prices held steady on Thursday as investors remained concerned about existing tariffs and unresolved issues after Washington and Beijing signed a partial trade deal. U.S. President Donald Trump and Chinese Vice Premier Liu He signed a deal on Wednesday, defusing an 18-month […]

MCX MORNING UPDATE BULLION – Bullion counter fell on Tuesday ahead of the much awaited signing of an interim U.S.-China trade deal that dampened the appeal of bullion. The main thing is that a week ago we had the Iran-U.S. news, that caused a pretty significant rally in gold; and now that news has subsided, […]

MCX MORNING UPDATE BULLION – Bullion counter may witness further profit booking as gold fell on Tuesday, as investors opted for riskier assets after the United States dropped China’s designation as a currency manipulator ahead of an interim deal between the two sides to ease their trade dispute. Global equities rallied to reach fresh record […]