FREE MCX COPPER CALLSCopper Calls – SELL Copper at CMP 479.2 for Target 475 – 473.50 with SL Above price 781.50. Hold and Carry Upto Result Read More
Nickel Trading – SELL Nickel at CMP 1049 for Target 1040 – 1035 with SL Above price 1058 Read More
US ZONE Data : Today Revised Nonfarm Productivity q/q 0.4% VS 0.7% Revised Unit Labor Costs q/q 2.9% VS 2.7% Trade Balance -46.2B VS -49.0B >> Slight Negative for Bulions>> DATA IS LOW IMPACTED Read More
There are opposing and opposite forces currently at play affecting gold prices.U.S. equities continue to rage to the upside, with the NASDAQ closing at a new all-time high for the third consecutive day and the Dow back above 25,000. This risk-on market sentiment coupled with recent dollar strength has put significant pressure on the precious metals complex including gold.At the same time, there ar...Read More
Tips for Zinc Today – SELL Zinc at CMP 215.40 Add more at price 216.10 for Target 214.00 – 213.20 with SL Above price 216.80 Read More
FREE ZINC TIPS TODAYFree Zinc Tips Today – Zinc Intraday Sell Call b06, given at price 216.20 Achieved 1st Target 215.10 & 2nd Target 214.20. Made 213.85 low. Total profit of 2 Point x 2 lot = 4 points / Rs 20000CALL ID b06 : Zinc Calls- SELL Zinc at CMP 216.20 for Target 215.10 – 214.20 with SL Above price 217.30. RISK taker trade 2 lots Read More
Roberta Rampton, David LjunggrenWASHINGTON/OTTAWA (Reuters) - U.S. President Donald Trump is not backing down from the tough line he has taken on trade, the White House’s top economic adviser said on Wednesday, setting the stage for a showdown with top allies at this week’s G7 summit in Canada.The meeting on Friday and Saturday in Charlevoix, Quebec, will be the first chance G7 leaders...Read More
WASHINGTON (Reuters) - Mick Mulvaney, the interim head of the Consumer Financial Protection Bureau, has disbanded three boards whose members include consumer advocacy groups and which advise on policy at the financial watchdog, board members said on Wednesday.The decision to dismantle the boards was communicated to members via an email and conference call on Wednesday, the members said. It drew sh...Read More
(Kitco News) - The Bank of Mongolia (BoM) announced on Tuesday a five-month campaign aimed at increasing national gold reserves under the “Gold-2” national program.Named the "National Gold to the Fund of Treasures,” the campaign encourages gold miners and individuals to sell gold to the central bank and commercial banks, while introducing training and educational programs fo...Read More
Daily LME Stock Inventory ReportMetal Stock from London Stock Exchange – 06/06/2018ALUMINIUM -5750 ,COPPER -2550 ,NICKEL -1098 ,LEAD -750 ,TIN -25ANDZINC +6600 Read More
Zinc Calls- SELL Zinc at CMP 216.20 for Target 215.10 – 214.20 with SL Above price 217.30. RISK taker trade 2 lots Read More
(Kitco News) - Gold prices are trading near steady in early-afternoon U.S. trading Wednesday. Silver prices were sporting moderate gains and hit a three-week high today. This week’s stabilization in the yellow metal does favor the bulls. More upside price action in gold this week would produce positive chart signals to suggest a near-term market bottom is in place. August Comex gold futures...Read More
Gold may need a fresh catalyst to surge again, says Lukman Otunuga, research analyst at FXTM. As of 9:05 a.m. EDT, spot metal was $2.30 higher to $1,298.10 an ounce. “There is a possibility that safe-haven gold could be waiting for the G7 [Group of 7] summit on Friday to make its next big move,” Otunuga says. “Although global trade fears remain a dominant market theme, the yellow...Read More
(Kitco News) - Gold prices continue to meander in a tight range, with any significant break-out likely to await the Fed meeting next week. Yesterday's comment from a member of the ECB that the conclusion of the QE program may be plausible by year-end provided some lift to the euro and modest buying in gold. It is unlikely gold will break through the recent $1,287 - $1,307 range until the Fed decis...Read More
(Kitco News) - Gold held by global exchange-traded funds increased by 15 tonnes in May, led by increased activity in Europe and Asia, according to the World Gold Council (WGC). Holdings stood at 2,484 tonnes at the end of the month, the organization said Wednesday.This was the third straight month of inflows, which followed April’s impressive increase of 72.2 tonnes that marked the larg...Read More
All markets leave a footprint; whether traders and investors want to believe them is another story. The money flow and direction of markets has more to do with money flow than it does the news and fundamentals. The problem is simple -- traders and investors can't keep their emotions or opinions out of the equation. Gold is at a critical point in the most recent cycle. We continued to read the foo...Read More
SHANGHAI, Jun 6 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightDespite upbeat economic data, the US dollar weakened and fell below 94 overnight to close at 93.86. The euro rose following a report that the European Central Bank would discuss an exit from its quantitative easing program next week, which eased worries over the It...Read More
SHANGHAI, Jun 6 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightDespite upbeat economic data, the US dollar weakened and fell below 94 overnight to close at 93.86. The euro rose following a report that the European Central Bank would discuss an exit from its quantitative easing program next week, which eased worries over the It...Read More
SHANGHAI, Jun 6 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightDespite upbeat economic data, the US dollar weakened and fell below 94 overnight to close at 93.86. The euro rose following a report that the European Central Bank would discuss an exit from its quantitative easing program next week, which eased worries over the It...Read More
The latest news and price moves to start the Asian day on Wednesday June 6.Zinc prices on the London Metal Exchange ended 2.4% higher at the close of trading on Tuesday June 5, reaching the highest level since April 24, while three-month nickel and copper also finished strongly. Read more in our live futures report.Here are how prices looked at the close of trading:The US aluminium billet upcharge...Read More