Friday 30 September 2016

TODAY COMMODITY MARKET OUTLOOK REPORT 30 SEPTEMBER 2016.

COMMODITY MARKET OUTLOOK

Gold prices dropped as the dollar firmed and investors assessed Federal Reserve Chair Janet Yellen's testimony before a Congressional committee.
 Base Metal Silver rose as Fed Chair Janet Yellen avoided a hard timeline for a rate hike, though a colleague did suggest the topic was up for discussion in November.
Crude surged to settled up amid speculation that OPEC will soon agree to curb production.
Copper prices ended with gains as sentiments improved due to the release of better-than-expected economic data from China.
 Zinc prices gained as support seen after stocks and cancelled warrants both fell 825 tonnes to 440,650 tonnes and 27,875 tonnes respectively.
Nickel gained after the Philippines said 20 more mines may be suspended for environmental violations, threatening Spices supply.
Natural gas prices fell on expectations that demand for the fuel would decline as temperatures cool.




COMMODITY MARKET UPDATES:-
GOLD
PP-30953
R1 -31040                                     S1-30867
R2 -31126                                     S2-30780

SILVER
PP-45506
R1 - 45778                                   S1-45312
R2 - 45972                                   S2-45040

CRUDE OIL
PP-3031
R1 - 3099                                    S1-2992
R2 -3138                                     S2-2924

NATURAL GAS
PP-199.2
R1- 202.0                                    S1-195.4
R2- 205.8                                    S2-192.6

COPPER
PP-323.8
R1- 325.7                                    S1-322.7
R2- 326.8                                    S2-320.8




Wednesday 28 September 2016

TODAY COMMODITY MARKET OUTLOOK REPORT 29 SEPTEMBER 2016.


COMMODITY MARKET OUTLOOK

Gold prices dropped as the dollar firmed and investors assessed Federal Reserve Chair Janet Yell en's testimony before a Congressional committee.
 Base Metal Silver rose as Fed Chair Janet Yell-en avoided a hard timeline for a rate hike, though a colleague did suggest the topic was up for discussion in November.
Crude surged to settle up amid speculation that OPEC will soon agree to curb production.
Copper prices ended with gains as sentiments improved due to the release of better-than-expected economic data from China.
 Zinc prices gained as support seen after stocks and cancelled warrants both fell 825 tones to 440,650 tones and 27,875 tones respectively.
Nickel gained after the Philippines said 20 more mines may be suspended for environmental violations, threatening Spices supply.
Natural gas prices fell on expectations that demand for the fuel would decline as temperatures cool.






COMMODITY MARKET UPDATES:-
GOLD
PP-30953
R1 -31040                                     S1-30867
R2 -31126                                     S2-30780

SILVER
PP-45506
R1 - 45778                                   S1-45312
R2 - 45972                                   S2-45040

CRUDE OIL
PP-3031
R1 - 3099                                    S1-2992
R2 -3138                                     S2-2924

NATURAL GAS
PP-199.2
R1- 202.0                                    S1-195.4
R2- 205.8                                    S2-192.6

COPPER
PP-323.8
R1- 325.7                                    S1-322.7

R2- 326.8                                    S2-320.8



Monday 26 September 2016

MCX TIPS | DAILY COMMODITY MARKET OUTLOOK REPORT 27 SEPTEMBER 2016.

COMMODITY MARKET OUTLOOK

Gold prices remained in range as investors squared positions ahead of debate between Donald Trump and Hillary Clinton.
Base Metal Silver dropped with focus switching to a U.S. presidential debate which could prove a key pointer to the outcome of November's election.
Crude oil rallied on chance of OPEC action to support prices.
Copper edged lower as LME prices dropped by 0.3%, with losses limited by expectations of a revival in Chinese Demand.
Zinc prices gained after a report showed the global market for refined zinc was in deficit from January to July.
Nickel dropped as nagging concerns about demand took the shine off last week’s rally on the possibility of more mine Closures.
Natural gas prices rose back toward 200 marks with strong demand and hopes.




Commodity Market update:-

GOLD
PP-31296
R1- 31381                                    S1-31242
R2- 31435                                    S2-31157

SILVER
PP-46537
R1-46764                                    S1-46274
R2-47027                                    S2-46047

CRUDE OIL
PP-3050
R1- 3122                                    S1-3011
R2- 3161                                    S2-2939


NATURAL GAS
PP-199.1
R1- 201.6                                    S1-197.3
R2- 203.4                                    S2-193.8

COPPER
PP-326.4
R1- 328.0                                    S1-325.3
R2- 329.1                                    S2-323.7



MCX TIPS | TODAY COMMODITY MARKET OUTLOOK 26 SEPTEMBER 2016.

COMMODITY MARKET OUTLOOK

Gold prices settled flat but ended with gains on weekly basis after Fed sounded a cautious note on the pace of interest rate hikes.
Base Metal Silver dropped as investors chose to lock in profits after gains seen as the Fed’s decision to leave interest rates unchanged continued to support.
Crude oil dropped on signs Saudi Arabia and arch rival Iran were making little progress in achieving preliminary agreement ahead of talks.
Copper gained as support continues after Chinese economic data indicated a firmer tone to the housing market and arrival in factory activity.
Zinc prices dropped tracking LME prices ending down 0.8 percent at $2,276 a tonne as traders continues to book profit.
Nickel gained as markets braced for news of more Philippine mine suspensions amid a crackdown on environmental lapses.
Natural gas prices dropped continuing its weak trend momentum from previous day pressured by the inventory build.




Commodity Market update:-

GOLD
PP-31279
R1- 31353                                    S1-31208
R2- 31424                                    S2-31134

SILVER
PP-46973
R1-47260                                    S1-46531
R2-47702                                    S2-46244

CRUDE OIL
PP-3020
R1- 3072                                    S1-2926
R2- 3165                                    S2-2873


NATURAL GAS
PP-197.6
R1- 199.7                                    S1-194.0
R2- 203.3                                    S2-191.9

COPPER
PP-327.3
R1- 329.0                                    S1-326.3

R2- 330.1                                    S2-324.5

Friday 23 September 2016

COMMODITY MARKET OUTLOOK REPORT 23 SEPTEMBER 2016.

COMMODITY MARKET OUTLOOK

Gold prices gained as support continues as the Fed stayed pat on interest rates in the world's biggest economy.
Base Metal Silver gained as the U.S. dollar sold off after the Federal Reserve held off on raising interest rates.
Crude oil prices gains as a broadly weaker U.S. dollar and easing concerns over a slowdown in U.S. crude demand boosted sentiment.
Copper gained as the dollar slipped though gains were limited by worries about slow demand growth.
 Zinc gains gained with most base metals climbed again to a three-week high as the dollar weakened as the Fed stayed pat on interest rates.
 Nickel gains due to worries about supplies from Philippines, where the government is carrying out an environmental Spices audit of mines.
Natural gas dropped on on profit booking after trades booked there long positions after recent high.




Commodity Market update:-

GOLD
PP-31290
R1- 31423                                    S1-31200
R2- 31513                                    S2-31067

SILVER
PP-47424
R1-47778                                    S1-47213
R2-47989                                    S2-46850

CRUDE OIL
PP-3091
R1- 3120                                    S1-3071
R2- 3140                                    S2-3042


NATURAL GAS
PP-202.2
R1- 204.9                                    S1-197.9
R2- 209.2                                    S2-195.2

COPPER
PP-325.1
R1- 328.2                                    S1-324.3

R2- 329.7                                    S2-321.9

Thursday 22 September 2016

TODAY COMMODITY MARKET STRATEGY UPDATE 22 SEPTEMBER 2016.

COMMODITY MARKET OUTLOOK

Gold gained after BOJ adopted a target for long-term interest rates, and further gains were expected if the U.S. central bank holds back from a rate increase.
Base Metal Silver gained after BOJ announced new monetary policy measures and as investors awaited the outcome of the Federal Reserve's meeting.
Crude oil prices gained after data showed that oil supplies in the U.S. unexpectedly fell.
Copper retreated as profit-taking pulled prices from highs ahead of a key U.S. Federal Reserve policy meeting.
Zinc prices dropped on profit booking before a key U.S. Federal Reserve policy meeting.
Nickel gained as support seen after the Philippines said it would suspend more than
10 additional mines in an ongoing environmental crackdown on the sector.
Natural gas surged above 200 mark and $3 on NYMEX for the first time in 16 months as unseasonably warm weather demand seen.





Commodity Market update:-

GOLD
PP-31095
R1- 31349                                    S1-30952
R2- 31492                                    S2-30698

SILVER
PP-46795
R1-47700                                    S1-46265
R2-48230                                    S2-45360

CRUDE OIL
PP-3025
R1- 3085                                    S1-2987
R2- 3123                                    S2-2927


NATURAL GAS
PP-204.3
R1- 206.7                                    S1-202.2
R2- 209.4                                    S2-200.4

COPPER
PP-323.1
R1- 324.0                                    S1-321.8
R2- 325.3                                    S2-320.9

contact no.- 8370098946.




Tuesday 20 September 2016

MCX TIPS | TODAY COMMODITY MARKET UPDATES 21 SEPTEMBER 2016.

COMMODITY MARKET OUTLOOK

Gold steadied ahead of a two-day U.S. Federal Reserve meeting that investors are betting will leave interest rates unchanged.
Base Metal Silver rose as the dollar dropped ahead of a two-day U.S. Federal Reserve meeting that investors are betting will leave interest rates unchanged.
Crude oil dropped as market players shifted their focus to weekly data from the U.S. on stockpiles of crude and refined products.
Copper gained as the dollar softened and China's property boom also lent support to prices.
Zinc prices continued its positive trend amid expectations for a supply shortage.
Nickel gained on prospects that more Philippine mines may be suspended when the results of an environmental audit are announced this week.
Natural gas soared amid forecasts for warmer than normal temperatures across most parts of the continental U.S. in the days ahead.


Commodity Market update:-

GOLD
PP-30950
R1- 31024                                    S1-30850
R2- 31124                                    S2-30776

SILVER
PP-46078
R1-46305                                    S1-45911
R2-46472                                    S2-45684

CRUDE OIL
PP-2951
R1- 2996                                    S1-2911
R2- 3030                                    S2-2867


NATURAL GAS
PP-201.3
R1- 206.3                                    S1-198.6
R2- 209.0                                    S2-193.6

COPPER
PP-323.9
R1- 325.7                                    S1-322.6
R2- 327.0                                    S2-320.8




Monday 19 September 2016

TODAY COMMODITY MARKET OUTLOOK REPORT 20 SEPTEMBER 2016.

COMMODITY MARKET OUTLOOK

Gold prices rose as the dollar slipped, with the market waiting for clues on the timing of a rise in U.S. interest rates.
Silver prices remained supported as the U.S. dollar slipped amid expectations of no rate change from the Federal Reserve this week
Crude oil prices ticked higher after Venezuelan said that OPEC and non-OPEC countries were "close" to reaching a deal.
Copper dropped as concerns about persistent oversupply outweighed upbeat Chinese economic data.
Zinc gained after the update that global zinc demand growth is set to marginally outpace production growth between now and 2020.
Nickel rallied more that 4% as the Philippines said it may suspend more mines after the completion of a nationwide audit.
Natural gas dropped on profit booking from the highest level amid forecasts for warmer than normal temperatures.






Commodity Market update:-

GOLD
PP-30921
R1- 30962                                    S1-30862
R2- 31021                                    S2-30821

SILVER
PP-45976
R1-46332                                    S1-45684
R2-46624                                    S2-45328

CRUDE OIL
PP-2975
R1- 2997                                    S1-2938
R2- 3084                                    S2-2916


NATURAL GAS
PP-195.7
R1- 197.5                                    S1-193.8
R2- 199.4                                    S2-192.0

COPPER
PP-322.5
R1- 323.8                                    S1-321.6
R2- 324.7                                    S2-320.3



COMMODITY MARKET OUTLOOK UPDATES 19 SEPTEMBER 2016.

COMMODITY MARKET OUTLOOK

Gold dropped after data showing faster-than-expected growth in U.S. consumer prices last month helped support the case for Fed to raise interest rates.
Silver prices dropped as a stronger U.S. dollar and jitters over the path of monetary policy weighed on demand.
Crude oil prices ended with losses as rising exports in Iran, Libya and Nigeria sparked fresh supply glut concerns.
Copper prices remained supported after latest Chinese economic data suggested stronger growth in the next few months.
Zinc prices continued its weakness on profit booking after prices rallied on worries about shortages due to mine closures.
Nickel ended with small gains on short covering, prices dropped by nearly six percent on weekly basis amid fading threat to Philippine mine supply.
Natural gas prices gained after weather reports suggested more heat and high demand for gas-fired power throughout September.





Commodity Market update:-

GOLD
PP-30849
R1- 31005                                    S1-30764
R2- 31040                                    S2-30715

SILVER
PP-45308
R1-45565                                    S1-45016
R2-45857                                    S2-44759

CRUDE OIL
PP-2894
R1- 2915                                    S1-2863
R2- 2946                                    S2-2842


NATURAL GAS
PP-196.4
R1- 200.5                                    S1-194.0
R2- 202.9                                    S2-189.4

COPPER
PP-323.7
R1- 325.3                                    S1-322.6
R2- 326.4                                    S2-321.0