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Bullion Commodity Market

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13 March

Today’s Highlights on MCX Market by CapitalStars- 13 MARCH 2020

Copper Under Severe Stress COMEX Copper futures tanked near three and half year low yet again as DOW fell 10% and European equities also saw similar losses. China’s automobile sales plummeted in February, as the coronavirus epidemic spread and curbed consumption demand, according to media reports. Total auto sales were down 79% from a year […]

12 March

Today’s Highlights on MCX Market by CapitalStars- 12 MARCH 2020

MCX Gold Trades Flat As INR Firms Up COMEX Gold futures backed off sharply yesterday amid an excellent rebound in US equities. Gold jumped to eight year highs above $1700 per ounce on Monday amid panic selling in world equities. The coronavirus fear hurt sentiments for risky assets, boosting Gold. The coronavirus outbreak could cost […]

11 March

Today’s Highlights on MCX Market by CapitalStars- 11 MARCH 2020

Copper Gains After Testing Multi Year Low COMEX Copper futures edged up after witnessing heavy losses on Monday. The red metal fell to its lowest level in around three years but gained a recovery emerged in global stocks after the carnage on Monday as hopes of targeted economic stimulus boosted sentiments. Global markets saw their […]

06 March

Today’s Highlights on MCX Market by CapitalStars- 06 MARCH 2020

Copper Ends Marginally Up On MCX MCX Copper futures stayed broadly supported yesterday as global Copper prices held up despite a deep cut in equities in US and Europe. Copper eyed the slide in US dollar. US dollar index stayed slippery and fell to a two month low of 96.40. COMEX Copper is down in […]

04 March

Today’s Highlights on MCX Market by CapitalStars- 04 MARCH 2020

Crude Rebounds In Asian Trades, Local Futures To Eye INR WTI Crude oil futures saw volatile movement as the US equities fell sharply despite a surprise rate cut of 50 basis points from the US Fed. Oil had soared sharply in tune with risky assets on expectations that central banks will likely announce financial stimulus […]

03 March

Today’s Highlights on MCX Market by CapitalStars- 03 MARCH 2020

Crude Jumps Around 5% On MCX MCX Crude oil futures jumped on positive global cues. Oil rose as global equities edged up and bargain buying lifted the commodity well above its 14 month low. The WTI Crude oil futures are currently quoting at $48 per barrel, up 2.78% on the day. MCX Crude oil futures […]

02 March

Today’s Highlights on MCX Market by CapitalStars- 02 MARCH 2020

MCX Gold Slides, COMEX Gold Under $1600 Per Ounce. COMEX Gold futures slipped sharply as financial markets saw a heavy pounding. Gold stayed supported earlier in the week as the coronavirus continued to spread rapidly outside China and people in around 50 countries have now been infected. However, the COMEX Gold futures fell more than […]

27 February

Today’s Highlights on MCX Market by CapitalStars- 27 FEBRUARY 2020

MCX MORNING UPDATE BULLION – Bullion counter can witness some bounce back at lower levels as gold prices rose on Thursday as fears of a pandemic heightened after coronavirus infections surged in Italy and Iran, triggering a move away from riskier assets. The number of new infections inside China – the source of the outbreak – was for […]

20 February

Today’s Highlights on MCX Market by CapitalStars- 20 FEBRUARY 2020

MCX MORNING UPDATE BULLION – Bullion Bullion counter can trade on volatile path as gold prices on Thursday eased from their highest in nearly seven years in the previous session, as safe-haven demand took a hit after a dramatic drop in new corona virus cases and on expectations that China will continue to shore up its economy. […]

19 February

Today’s Highlights on MCX Market by CapitalStars- 19 FEBRUARY 2020

MCX MORNING UPDATE BULLION – Bullion counter can remain on firm path as gold prices held steady above the key $1,600 mark on Wednesday as an uptick in equities due to a drop in new virus cases was kept in check by fears about the economic fallout of the epidemic. The big wave of risk-off has sort […]

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