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Gold jumps to 2 week high after Bernanke speech; US Jobless claims data awaited
Data on US Initial Jobless Claims, Continuing Jobless Claims and Import Price Index are scheduled to be released at 06.00 PM IST today and gold investors may get clues from the data released for their...
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MCX silver September futures rise 3% to above Rs 41000/kg
MCX SILVER December contract was trading at Rs 42100 up Rs 1192, or 2.91 percent. The SILVER rate touched an intraday high of Rs 42148 and an intraday low of Rs 41500. At 11:10 hours IST, MCX SILVER...
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Copper futures rise on global cues, spot demand
At the Multi Commodity Exchange, copper for delivery in August traded higher by Rs 4.30, or 1.04 percent, to Rs 416.30 per kg in business turnover of 3,382 lots. Supported by a firm global trend and...
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Gold heads for biggest weekly gain in two years
Federal Reserve Chairman Ben Bernanke said on Wednesday that the overall message from the central bank was that a “highly accommodative policy is needed for the foreseeable future”. Gold rose for a...
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MCX Natural Gas bearish; support 215 and 212
For intra-day, support for the commodity is seen at 215 and 212 levels while resistance is seen at 220 and 223 levels. MCX natural gas for July delivery was seen trading up by 1.11% at Rs.219.30 per...
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MCX Nickel may trade with negative bias; support 811
For intra-day, support for the commodity is seen at 811 while resistance is at 828 level. Traders are advised to sell on rise at 824 with the stop loss of 835 for the target of 811. MCX nickel for July...
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Gold futures poised to rise next week: Survey
On the Comex, gold for delivery on August 13 was seen closing at $1,284.15/oz, a gain of $4.25 or 0.33% on Friday.The futures are closed for weekend. Silver on the Comex for delivery on September 13...
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MCX Gold, MCX Silver to trade sideways this week; MCX Copper, MCX Crude Oil...
MCX Gold for August delivery may trade sideways to up and the commodity may witness short rallies this week. By John Godson MCX gold, silver, crude oil and copper traded on a bullish note last week....
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MCX Silverm November contract rises 1%
Silverm prices on MCX were trading higher. MCX Silverm November contract was trading at Rs 42610 up Rs 396, or 0.94 percent. At 10:54 hrs MCX SILVERM August contract was trading at Rs 41885 up Rs 382,...
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India now Nigeria’s biggest crude oil buyer
India now leads the United States in the purchase of crude oil from Nigeria, Indian High Commissioner to Nigeria Mahesh Sachdev has said. Also Read: Crude Oil Updates He said recent statistics showed...
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