MCX LIVE ZINC TIPS TODAYLive Zinc – Zinc Buy call a2f given at price 208.85 Achieved Target price 209.45 & 2nd Target 209.95, CMP 210.35. Total Profit of 1.10 x 2 lot = 2.2 PointsTIPS ID a2f : Zinc Call – BUY Zinc at CMP 208.85 for Target 209.45 – 209.95 with SL below price 208.35. Trade with 2 lots Read More
(Kitco News) - Gold prices were modestly lower in early-afternoon U.S. trading Tuesday. Prices were up from daily lows amid a U.S. stock market sell-off and some new geopolitical uncertainties. Still, a very strong U.S. dollar and a slumping crude oil market are trumping an uptick in geopolitical tensions early this week. June Comex gold futures were last down $2.20 an ounce at $1,301.50. July Com...Read More
Free Mcx Aluminium Tips – Aluminium Sell call a2e given at price 153.35 CMP 152.75. Low risk taker book 0.6 x 2 lot = 1.20 Points at CMP. RISK Taker wait for TGTa2e : Aluminium Today - SELL Aluminium at CMP 153.35 for Target 152.60 - 152.0 with SL Above price 154.25 Read More
Nickel Mcx – Nickel buy call a25 given at price 1009 CMP 1014. Low risk taker book 5 point x 2 lot = 10 pointsTIPS ID a25 : Nickel Intraday - BUY 2 lot Nickel at CMP 1009 for Target 1016 with SL below price 1004 Read More
Zinc Call – BUY Zinc at CMP 208.85 for Target 209.45 – 209.95 with SL below price 208.35. Trade with 2 lots Read More
Aluminium Today – SELL Aluminium at CMP 153.35 for Target 152.60 – 152.0 with SL Above price 154.25 Read More
(Kitco News) - Although the gold market has struggled to attract fresh investment capital, one mining CEO said that the market has held up exceptionally well, given the headwinds the precious metals face.In a recent interview with Kitco News, Americas Silver Corp.(NYSE: USAS) CEO Darren Blasutti said that gold faces tough competition as the U.S. dollar benefits from a growing economy that is seein...Read More
Nickel Intraday – BUY 2 lot Nickel at CMP 1009 for Target 1016 with SL below price 1004 Read More
(Kitco News) - Gold continues to be caught in a series of crosswinds. Financial risks in Europe continue to grow as political uncertainties in Italy and Spain dominate the headlines. The euro remains under heavy selling pressure, as traders perceive the ECB may delay plans to unwind their quantitative easing policy, as the Fed continues to tighten. Elections in Italy are likely to be called for l...Read More
(Kitco News) - Gold continues to garner investor attention in the current economic environment, and one analyst says fund flows indicate prices are nearly ready to take off.“Alternative asset allocators appear hard at work, increasing exposure to gold at an accelerating pace vs. last year, despite the flat price in 2018,” said Mike McGlone, Bloomberg Intelligence commodity analyst, in...Read More
As traders return from the Memorial Day holiday, markets are under pressure. On Monday with the markets open electronically, equities were higher, while metals and energy were under pressure. Today equities are getting hammered and gold has rallied back to unchanged. This holiday-shortened week could pack a big punch in all markets, with the equities testing support, energy breaking down, bonds sp...Read More
SHANGHAI, May 29 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index touched a five-month high last night at nearly 94.5 before it closed 0.18% higher at 94.41, as the US state department confirmed that a US-North Korea meeting will be held as scheduled. A weakening euro to a low in six months and a half also accounted fo...Read More
SHANGHAI, May 29 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index touched a five-month high last night at nearly 94.5 before it closed 0.18% higher at 94.41, as the US state department confirmed that a US-North Korea meeting will be held as scheduled. A weakening euro to a low in six months and a half also accounted fo...Read More
SHANGHAI, May 29 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index touched a five-month high last night at nearly 94.5 before it closed 0.18% higher at 94.41, as the US state department confirmed that a US-North Korea meeting will be held as scheduled. A weakening euro to a low in six months and a half also accounted fo...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 15 points in pre-opening trade. Investors are responding to growing political instability in Italy. Netflix added $0.04 to $351.33 after MKM Partners raised its target price on the stock to $390 from $320. Bank of Nova Scotia (BNS $79.94 Cdn) is expected to open higher after reporting higher than consensus fiscal seco...Read More
SHANGHAI, May 29 (SMM) – Nonferrous metals futures rose across the board on Tuesday May 29 except for SHFE aluminium. SHFE tin soared 3.7% and hit the highest level in one and an half years at 155,140 yuan/mt. SHFE nickel jumped 2.8% and finished the day at a three-year high at 112,880 yuan/mt. SHFE lead and zinc rose over 1% with copper slightly up.The ferrous complex also rose across the b...Read More
SHANGHAI, May 29 (SMM) – Nonferrous metals futures rose across the board on Tuesday May 29 except for SHFE aluminium. SHFE tin soared 3.7% and hit the highest level in one and an half years at 155,140 yuan/mt. SHFE nickel jumped 2.8% and finished the day at a three-year high at 112,880 yuan/mt. SHFE lead and zinc rose over 1% with copper slightly up.The ferrous complex also rose across the b...Read More
SHANGHAI, May 29 (SMM) – Nonferrous metals futures rose across the board on Tuesday May 29 except for SHFE aluminium. SHFE tin soared 3.7% and hit the highest level in one and an half years at 155,140 yuan/mt. SHFE nickel jumped 2.8% and finished the day at a three-year high at 112,880 yuan/mt. SHFE lead and zinc rose over 1% with copper slightly up.The ferrous complex also rose across the b...Read More
Three-month base metals prices on the London Metal Exchange were for the most part stronger on the morning of Tuesday May 29, with gains averaging 0.8%, except aluminium where prices are off 0.1%, while copper prices are up 0.3% at 46,879 per tonne. Volume on the LME has been high, with 10,305 lots traded as of 6:59am London time. This follows a general day of weakness on Friday, when all the meta...Read More
SHANGHAI, May 29 (SMM) – Copper: The SHFE 1807 contract mostly hovered above the daily moving average at 51,200 yuan/mt last night but jumped to a high of 51,470 yuan/mt near closing as investors cut their shorts. It closed slightly lower from last Friday night with pressure from a stronger US dollar. We see it trading at 51,300-51,650 yuan/mt today with support at 51,300 yuan/mt. LME c...Read More