Main Menu
Home > Commodity > Hot News
20 January 2019

Prev Next
19-Jan-2019 (13:33)
Weekly Silver Review: COMEX Futures Extend Losses After Testing Highs Near $16 Level
19-Jan-2019 (13:24)
Weekly Crude Oil Review: WTI Futures Soar Near $54 Mark
19-Jan-2019 (13:19)
Weekly Gold Review: MCX Futures Hit Highs Near Rs 32400 Levels Before Easing

COMEX Gold futures eased, testing near one week low after the global risky assets breathed a sigh of relief following the latest global trade developments. Media reports stated that the US Treasury Secretary Steven Mnuchin proposed lifting all or some of the tariffs on Chinese imports. This pulled Gold lower after recent choppiness. The counter ended near $1280 per ounce, down 0.86% on the day. MCX Gold futures saw a different pattern though as the prices spiked near Rs 32400 per 10 grams on the extended slide in the Indian Rupee, which fell to its one month low of 71.40 per US dollar.

COMEX Gold was supported in sideways trading earlier in the week the highs near $1300 per ounce continued to weigh on the metal. India's Gold imports fell by 16.70% to Rs 18165 crore in December, latest data showed. The yellow metal has been mostly supported in last few days on worries like economic slowdown, dollar weakness and the US government shutdown.

However, the global equities are witnessing steady moves after British Prime Minister Theresa May survived a no-confidence vote in her government Wednesday after a stinging defeat in Parliament over her Brexit deal to leave the European Union. US stocks edged up for a second straight day as Goldman Sachs Group led a rally in bank stocks and China’s steps to bolster growth supported global equities.

18-Jan-2019 (18:57)
Agri Commodities Review: Chana And Guarseed Slumps On Long Liquidation By Traders
18-Jan-2019 (18:11)
Gold Breaks Lower, COMEX Futures At One Week Low
18-Jan-2019 (18:01)
Natural Gas Tumbles, MCX Futures Down Nearly 5%
18-Jan-2019 (15:30)
Cochilco Sees Copper Averaging $3.05 In 2019
18-Jan-2019 (15:18)
International Prices Of Imported Edible Oil At Domestic Ports As On 18th January, 2018
18-Jan-2019 (14:47)
Chana Up For Third Session, Arrivals Stay Low
18-Jan-2019 (13:43)
Commodities Buzz: EIA Expects Henry Hub Natural Gas To Average $2.89 In 2019
Toll Free number: 1800-425-5501 / 1800-103-5501