Tuesday, June 14, 2016

Base Metal Tips: Aluminium dips amid muted domestic demand

http://www.researchvia.com/base-metals-energy-pack/
Base Metal Tips: Aluminum futures were trading lower in the local market on Tuesday after traders reduced their exposure amid muted domestic demand and weak trend in base metals at the London Metal Exchange. At the MCX, Aluminum futures for June 2016 contract is trading at Rs 107.10/kg, down by 0.23 per cent, after opening at Rs 107, against a previous close of Rs 107.35. It touched the intra-day low of Rs 106.90
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MCX Gold Tips: Yellow metal down on weak global cues

http://www.researchvia.com/ultra-commodity/
MCX Gold Tips: Gold futures were trading lower during the afternoon trade in the domestic market on Tuesday as traders trimmed their positions amid weak trend in universal markets. Traders indulged in profit booking at existing levels amid global weakness in precious metals, too weighed on bullion futures. At the MCX, Gold futures for August 2016 contract is trading at Rs 30,360/kg, down by 0.13%, after opening at Rs 30,350, against a previous close of Rs 30,399. It touched the intra-day low of Rs 30,270.
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Commodity Tips: Oil slips 0.76% on Brexit worries

http://www.researchvia.com/commodity-pack/
Commodity Tips: Crude oil futures were trading lower during the noon trade in the domestic market on Tuesday mirroring a sell-off across fellow Indian peers on speculation about a pick-up in production while global worries over Britain's possible exit from EU.

The fall in crude oil cost were in line with a sell-off on equities markets from Asia to the Americas on worries about the universal economy, Britain's future in the European Union and producers bringing more rigs back online.

At the MCX, Crude oil futures for June 2016 agreement is trading at Rs 3,250 per barrel, down by 0.76 per cent, after opening at Rs 3,251, against the last closing price of Rs 3,275. It touched the intra-day low of Rs 3,245
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Monday, June 13, 2016

Bullion Tips: Yellow metal up as dollar weakens


http://www.researchvia.com/bullions-pack/

Bullion Tips: Gold futures were trading higher during the noon trade in the domestic market on Monday helped by weakness in dollar and fall in Asian stocks ahead of key central bank meetings this week and Britain's referendum on its EU membership on June 23.

As Weaker greenback makes gold cheaper for those holding other currencies, thus bolstering demand.

At the MCX, Gold futures for August 2016 contract is trading at Rs 30,305 per kg, up by 0.73 per cent, after opening at Rs 30,094, against a previous close of Rs 30,084. It touched the intra-day high of Rs 30,378
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