Friday, 18 November 2016

Live Commodity Market Updates ; Gold Futures Slide Rs 160 on Weak Global Cues

Gold prices fell Rs 160 to Rs 28,880 per 10 gram in futures trade today as participants cut down their bets amid a weak global trend. At the Multi Commodity Exchange, gold prices for delivery in far-month February fell by Rs 160, or 0.55 percent, to Rs 28,880 per 10 gram, in a business turnover of 94 lots. Also, the metal for December delivery declined by Rs 155, or 0.53 percent, to Rs 28,976 per 10 gram, in 523 lots. 

For more Latest Live Indian Commodity Market News and free bullion trading tips just click here or give a One Missed Call @787-988-1122.

Analysts attributed the fall in prices to weak trends overseas as dollar strengthened after hints of rate hike in December by US Federal Reserve Chair Janet Yellen, eroding demand for the safe-haven precious metals. Meanwhile, gold was trading 0.67 percent down at USD 1,208.20 an ounce in Singapore today.

Gold prices eased on Friday after touching their lowest in over five months the session before, dragged down by a stronger US dollar and after Federal Reserve Chair Janet Yellen bolstered the case for raising interest rates next month. 

* Spot gold had slipped 0.2 percent to USD1,213.75 an ounce by 0036 GMT. In the previous session, it marked its lowest since June 3 at USD1,210.73, remaining on track for its second straight weekly decline. 
* US gold futures were down 0.3 percent at USD1,213.40 per ounce. 
* The dollar rose to a 13-1/2-year high against a basket of currencies on Thursday as the bond market resumed its sell-off on growing certainty of a US interest rate increase in December.


  1. Crude Oil prices fell on the Tuesday, the halting a run of 8 instantly days of gains on signs, that a constant rise in United State. Crude production is running out of the vapor. The fall came following both benchmarks improved around 12% from their current lows on June 21.
    Free Mcx Tips for Crude Oil Trading

  2. The organization has been taking a shot at diminishing influence with the current long haul obligation of around Rs 450 crore (FY17 versus Rs 504 crore in FY16). So a business rebuilding would be useful in additionally enhancing the monetary record and return proportions.
    Commodity Tips,
    NCDEX Trading Tips

  3. We are zealous towards providing very clear and to the point recommendations and equity tips to the clients in order to let our client take an immediate and right move as it all about timing.

    Get daily EQUITY CASH TIPS FREE ! on your mobile!!

  4. This blog highlights the Top 10 stock advisory tips!
    about trading. This post provides the techniques related to trade strategies. Really i am awaiting and searching it overview.

  5. This is nice post as i am very impressed with this blog. This blog highlights the Share Market tips !
    about trading. This post provides the techniques related to trade strategies. Really i am awaiting and searching it overview.Thanks for sharing this information. Share it as much as possible.

  6. I think the article posted in this blog MCX tips today !is quiet sufficient and complete informative. It highlight the main points as needed.Showing information through this tips encourages trader ...a great compilation.

  7. Trader dealing in any segment can get each and every informationNIFTY FUTURE TIPS! through this blog. This blog is satisfactory and can easily find all strategies regarding stock market.

  8. I really like it this kind of information..........Great blog post and really helpful...... and your blog are very interesting and inspiring.
    MBA online