MCX NICKEL CALL ONLINEMcx Nickel Call Online – Nickel Buy HNI Call 771 Given at price 930 Advised to hold 15 Days Achieved 1st Target 960 & 2nd Target 972. Made 976. Total profit of 42 Points per lotTIPS ID 771 : Nickel HNI Call - BUY Mcx Nickel May at CMP 930 Hold for 15 to 20 Days for Target 960 - 972 with SL below price 902AFTER POST CONTENT Read More
Today Copper – Mcx Copper BUY Call 878 given at price 465.60 Triggered SL at price 463.40. Total 2.2 Points SL hit in Copper878 : Copper Today - BUY Copper at CMP 465.60 for Target 468 - 469.20 with SL below price 463.40AFTER POST CONTENT Read More
Editor's Note: The article was updated to reflect a drop in gold prices.(Kitco News) - Gold and silver prices were were moderately lower in afternoon U.S. trading Monday. Right as the futures markets were closing selling pressure in the metals intensified. At the same time the U.S. dollar index moved up to its session high. June Comex gold futures were last down $7.50 an ounce at $1,313.30. July C...Read More
Today Zinc Call – High Risk Call : BUY Zinc at CMP 207.15 for Target 208.25 – 208.95 with SL below price 206.40 (Small SL)AFTER POST CONTENT Read More
(Kitco News) - The gold market may have put in its best performance of the year as the first quarter came to an end and investors looking for higher silver prices might be disappointed this year, according to the latest report from the World Bank.In its semi-annual report, released last month the international bank for banks, said its Precious Metals Price Index saw a 4% increase in the first quar...Read More
ALUMINIUM COMMODITY TIPS TODAYAluminium Commodity Tips – Aluminium Buy Call 875 given at price 153.70 Achieved 1st Target 154.50. CMP 154.55. Total profit of 0.8 x 2 lot = 1.6 PointsTIPS ID 875 : Today Aluminium Tips - BUY 2 lot Aluminium at CMP 153.70 for Target 154.50 - 154.90 with SL Below price 152.90AFTER POST CONTENT Read More
(Kitco News) - The divergence between the platinum group metals will continue in 2018, with palladium forecasted to post a supply deficit of 1.24 million ounces, while platinum is seen as a largely balanced market, with a surplus of just 40,000 ounces, Metals Focus said Monday.The consultancy released its “Platinum and Palladium Focus 2018” report at the start of Platinum Week in Londo...Read More
Copper Today – BUY Copper at CMP 465.60 for Target 468 – 469.20 with SL below price 463.40AFTER POST CONTENT Read More
Today Aluminium Tips – BUY 2 lot Aluminium at CMP 153.70 for Target 154.50 – 154.90 with SL Below price 152.90AFTER POST CONTENT Read More
(Kitco News) - Large speculators upped their net bullish positioning in gold futures while trimming their bearish posture in silver during the most recent reporting week for data compiled by the Commodity Futures Trading Commission.“Gold and silver put up a fight against the stronger dollar, with both managing to hold onto key support at $1,300/oz and $16/oz, respectively,” said Ole Ha...Read More
(Kitco News) - The annual supply surplus in the platinum market should shrink in 2018 as demand rises but South African mine production shrinks, said the World Platinum Investment Council Monday.The organization released its quarterly report on market supply/demand fundamentals at the start of Platinum Week in London.The WPIC said it looks for the supply surplus to fall to 180,000 ounces this year...Read More
(Kitco News) - Last week's rally in gold was merely a dead-cat bounce and shows underlying weakness in the metal. The trend is lower, and gold has broken to the downside. Traders can sell rallies until gold can close above $1,330.The breakdown through the bottom of consolidation indicates gold has some work to do to the downside. We expect a run down to the $1,280 level before there is any sustain...Read More
Steel billet prices in the global markets showed mixed dynamics during the working week from Monday May 7 to Friday May 11.The decision by the United States to withdraw from the international nuclear-power deal with Iran was expected to decrease the supply of the semi-finished material in the Gulf region, while CIS-region suppliers could see this as an opportunity.Turkish market remained quiet due...Read More
Steel billet prices in the global markets showed mixed dynamics during the working week from Monday May 7 to Friday May 11.The decision by the United States to withdraw from the international nuclear-power deal with Iran was expected to decrease the supply of the semi-finished material in the Gulf region, while CIS-region suppliers could see this as an opportunity.Turkish market remained quiet due...Read More
Steel billet prices in the global markets showed mixed dynamics during the working week from Monday May 7 to Friday May 11.The decision by the United States to withdraw from the international nuclear-power deal with Iran was expected to decrease the supply of the semi-finished material in the Gulf region, while CIS-region suppliers could see this as an opportunity.Turkish market remained quiet due...Read More
Base metals on the London Metal Exchange were mostly mixed at the close of trading on Monday May 14, with nickel's three-month price climbing 3% during the afternoon. Breaking through previous resistance at $14,200 per tonne this morning, nickel reached a high of $14,520 per tonne during the afternoon once momentum took an upward shift. Staggered mine output across New Caledonia and Indonesia...Read More
Chilean President Sebasti??n Pi??era has appointed Hern??n de Solminihac and Ignacio Briones as new board members of state-owned copper producer Codelco, the company said late on Friday May 11. De Solminihac, who is an ex-minister of Mining and Public Works, and Briones, the dean of the Adolfo Ib????ez University, were both appointed for four-year terms. They replace Laura Albornoz and Dante...Read More
Comex copper prices failed to hold onto Friday's gains with the market pausing the uptick after a fresh set of material inflows across Europe and Asia. Copper for July settlement on the Comex division of the New York Mercantile Exchange fell 0.90 cents or 0.3% to $3.1015 per lb. On Friday, the contract touched a high of $3.1265, the highest since April 27. "We expect a rebound in copper prices in...Read More
Core earnings at Brazilian ferro-alloys producer Ferbasa declined by 10.16% in the first quarter of 2018, affected by higher costs for energy and raw materials on an annual comparison, Metal Bulletin has learnt.Adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) came to 94.4 million Brazilian Reais ($26.2 million) in January-March, against 101.6 million Reais in the co...Read More
Both the European spot and Chinese export ammonium paratungstate markets continued to move higher last week amid concerns of supply disruptions due to continued environmental inspections in China. Concerns over disruptions at ammonium paratungstate smelters in Jiangxi province, a major production hub, continue More inquiries were seen in the European spot and Chinese export markets for ammo...Read More