Life @ TradeIndia Research

Tuesday, 6 September 2016

MCX Market Tips, Market Round Up

Gold rose after U.S. jobs growth came in below expectations, dampening the likelihood of an interest rate hike from the Federal Reserve this month.

Silver prices gained after U.S. employment data missed estimates, boosting the metal’s appeal as a haven.
Crude oil prices gained as impressive spike followed the surprise announcement that Russia and Saudi planned to cooperate to stabilize oil markets.

Copper recovered from day's low as investors bet that more mine supply would drag on prices for the rest of the year.

Zinc settled down as market was cautious about the sustainability of the rise as physical demand had not picked up much.

Trade in commodity market with complete analysis of mcx commodity market. Join us and get free trial service with premium service on mobile with accurate calls on mcx market tips.

Natural gas prices dropped as traders reacted to the reality that higher summer demand for the commodity is coming to an end.

Ref soyoil prices ended with gains on improved demand in export market following USDA weekly sales data.

Mentha oil prices gains amid increase in physical demand from major consuming industries in the domestic spot market.

Soyabean prices gained on higher demand for crop in export market following robust weekly export data from United States and India.

Chana prices dropped on profit booking amid government initiatives to check rising prices and availability of pulses.

Turmeric prices dropped amid prospects of better crop this season due to increased sowing following favorable weather condition.

Jeera prices settled flat on expectation of pickup in demand in the physical market.

No comments:

Post a Comment

Commodities are powered by India