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Tuesday, 5 April 2016

Gold & Silver News- 5 Apr 2016

Gold and silver strengthened, base metals traded mixed in

In global markets, gold and silver have been gainers. Comaks gold reached $ 1225 is 0.5 per cent. While silver prices rose 1 percent has risen beyond $ 15. MCX gold in the domestic market with a gain of about 0.5 per cent to Rs 28,500 is reached. Silver also with a gain of 0.5 per cent to Rs 35,800 per kg trades.

Crude moderation-

Brent crude dropped to USD 37.6. WTI crude at $ 35.5 on the Nymex has come. MCX crude oil slipped 1.5 percent, while the domestic market has come down to Rs 2370.

Base metals traded mixed-

Base metals are traded mixed. MCX Aluminium sluggish, while copper rose 0.5 per cent to Rs 316 is reached. Nickel dropped 0.5 percent, while zinc fell 0.3 percent to Rs 122 has arrived. Lead gained 0.4 percent and the price is around Rs 114.

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Friday, 1 April 2016

Gold prices to trade higher today:

On  Thursday,  spot  gold  prices  rose  by  0.61  percent  to close  at  $1232  per ounce  as  the  dollar  and  stock markets  retreated,  locking  in  the  metal's biggest  quarterly gain  in  nearly  30  years  amid  reduced  expectations  for U.S. interest rate hikes.

The metal is highly exposed to rising rates, which lift the opportunity cost of  holding  non-yielding  assets,  while boosting  the  dollar.  Gold  fell  10 percent last year ahead of the first U.S. rate increase in nearly a decade in December.

On an intraday basis, we expect gold prices to trade higher as the reduced possibility  of  rate  hike  by  the  US Federal  reserve  will  raise  the  safe  haven appeal for the yellow metal. ON the MCX, goldprices are expected to trade higher today.

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Wednesday, 30 March 2016

CS AGRI CALL - 31 Mar 2016

CS AGRI CALL

SELL TURMARIC APR BELOW 8300 
TG 8260 , 8220 , 8180 
SL 8360

SELL SOYABEAN APR BELOW 3950 
TG 3930 , 3910 , 3890 
SL 3980


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CS INVENTORY CALL: SELL NATURAL GAS APR BELOW 132 - 31 Mar 2016

CS INVENTORY CALL 

SELL NATURAL GAS APR BELOW 132 
TG 130 , 128 , 126 
SL 136


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CS PRECIOUS CALL: SELL GOLD JUNE BELOW 28600 - 31 Mar 2016

CS PRECIOUS CALL

SELL GOLD JUNE BELOW 28600
TG 28500 , 28400 , 28300
SL 28710

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Tuesday, 29 March 2016

CS AGRI CALL - 30 Mar 2016

CS AGRI CALL

BUY RMSEED APRIL ABOVE 4165
TG 4185 , 4205 , 4225 
SL 4135

SELL GUARSEED APRIL 3225 
TG 3205 , 3185 , 3165 
SL 3255


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CS BASE METAL PREMIUM CALL: SELL ZINC MAR BELOW 117 - 30 Mar 2016

CS BASE METAL PREMIUM CALL 

SELL ZINC MAR BELOW 117
TG 116 , 115 , 114
SL 118.30

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