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Gold futures fell during noon trade in the domestic market on Tuesday tracking a bearish trend overseas as a stronger dollar curbed the lure for the bullion as an alternative asset.  Stronger greenback makes gold more expensive for those holding other currencies, thus dimming demand.  Further, robust US economic data bolstered the case for interest rate tightening in September, dimming the lure for the yellow metal as a store of value. US consumer spending climbed for a fourth straight month, up by 0.3 per cent in July from June.  At the MCX, gold futures for October 2016 contract is trading at Rs 30,967 per 10 grams, down by 0.35 per cent, after opening at Rs 31,045, against a previous close of Rs 31,075. It touched the intra-day low of Rs 30,962. Register Now For More Profit:  

Zinc futures rose during noon trade in the domestic market on Friday as investors and speculators booked fresh positions in the industrial metal amid a pickup in physical demand for zinc in the domestic spot market.  Further, upbeat US economic data bolstered the demand outlook for the metal as jobless claims fell to a five-week low, down by 1,000 to 261,000 last week and orders for business equipment in July climbed the most since January, up 1.6 per cent from June.  At the MCX, zinc futures for August 2016 contract is trading at Rs 155.5 per kg, up by 0.78 per cent, after opening at Rs 155, against a previous close of Rs 154.30. It touched the intra-day high of Rs 155.90. Register Now and Earn More Profit:  

Oil prices dipped in Asia today after Saudi Arabia's oil minister cast doubt on the need to cut output, denting hopes for a deal at talks next month aimed at addressing a global supply glut. The commodity rallied for seven straight sessions and entered a bull market - a 20 percent rise from recent lows - last week after OPEC and Russia announced plans to discuss the supply crisis, which has hammered the crude market for more than two years. Prices have taken a beating this week on concerns about the chances of success at the Algeria meeting, but they turned higher yesterday when Iran said it would join in, clearing up days of uncertainty over its attendance. However, OPEC kingpin Saudi Arabia's energy minister Khalid Al-Falih revived worries about the success of the gathering. In an interview, he told Bloomberg News: "I don't believe that an intervention of significance is required. I certainly don't advocate a cut." But he added that a "freeze signifies

Tracking a firm trend overseas, gold prices moved up by 0.22 percent to Rs 31,197 per 10 gram in futures trade today as traders indulged in creating fresh positions. At the Multi Commodity Exchange, gold for delivery in far-month December rose by Rs 67, or 0.22 percent, to Rs 31,197 per 10 gram in a business turnover of 55 lots. Likewise, the yellow metal for delivery in October traded higher by Rs 53, or 0.17 percent, to Rs 30,981 per 10 gram in 379 lots. Analysts attributed the rise in gold futures to fresh positions created by participants in tandem with a firm trend overseas. Globally, gold rose 0.15 percent to USD 1,323.60 an ounce in Singapore. Register Now For More Profit:  

Gold fell pointedly in the midst of a resurgent dollar, as financial specialists anticipate an exceptionally expected appearance from Janet Yellen at one week from now's money related strategy symposium in Jackson Hole for more clarity on the Federal Reserve's questionable loan cost standpoint. On the Comex division of the New York Mercantile Exchange, Gold for December conveyance exchanged amongst $1,342.05 and $1,357.80 an ounce before settling at $1,346.25, down 10.95 or 0.81% on the session. Gold shut generally level for the week in the wake of neglecting to post a solitary move of 1% from the earlier day's nearby in tight, extend bound exchange. Since opening the year around $1,075 an ounce, the valuable metal has taken off roughly 25% over the initial seven months of 2016 and is on pace for one of its most grounded years in the most recent three decades. Gold likely picked up backing at $1,312.80, the low from July 21 and was met with resistance at $1,374.90, the high

Rough prospects stayed almost seven-week highs taking after an uneven, unstable session on Friday, as vitality dealers to a great extent disregarded a significant increment in U.S. oil fixes a week ago. On the New York Mercantile Exchange, WTI rough for September conveyance exchanged among $47.94 and $48.74 a barrel before shutting at $48.45, up 0.23 or 0.48% on the session. At session-highs, the front month contract for U.S. rough hit its largest amount since July 5. On the Intercontinental Exchange, Brent rough for October conveyance faltered among $50.34 and $51.22 a barrel, before settling at $50.82, down 0.05 or 0.10% on the day. Amid the past session, Brent fates obscured the $50 level surprisingly since early-July. For the week, both the global and U.S. benchmarks of unrefined surged by more than 8%. On Friday evening, oil benefits firm Baker Hughes said that the U.S. week after week oil rig number rose by 10 to 406 a week ago. The quantity of oil apparatuses across the country

Crude oil futures rose during morning trade in the domestic market on Thursday as investors and speculators booked fresh positions in the energy commodity after a larger-than-expected decline in US crude stockpiles last week eased fears over a global supply glut. The EIA said that US crude oil supplies fell 2.5 million barrels to 521.1 million barrels in the week ended August 12, 2016. Analysts were expecting a drawdown of 200,000 barrels last week. Further, gasoline supplies fell by 2.7 million barrels last week. However, the gains in the fuel were trimmed by worries that increased output from Saudi Arabia may flood the market with the kingdom boosting production in July to 10.67 million barrels per day, a record high. At the MCX, Crude oil futures for August 2016 contract is trading at Rs 3,124 per barrel, up by 0.32 per cent, after opening at Rs 3,125, against a previous close of Rs 3,114. It touched the intra-day high of Rs 3,128.  Register Now For More Profit:  

Gold futures closed lower in the domestic market on Wednesday after minutes from the Federal Open Market Committee’s July meeting showed that central bank officials were split over the pace of future rate increases. Higher interest rates can weigh on precious metals, which don’t offer a yield, making them less attractive to investors searching for richer-yielding securities. At the MCX, Gold futures for October 2016 contract closed at Rs 31,375, per 10 gram, down by 0.29 per cent after opening at Rs 31,360, against the previous closing price of Rs 31,467. It touched the intra-day low of Rs 31,300. Register Now For More Profit:  

Silver futures closed higher in the domestic market on Tuesday as traders enlarged positions, tracking a firm trend overseas. Analysts said speculators enlarged positions in tune with a firm global trend, which mainly pushed up silver prices at the futures trade. At the MCX, Silver futures for September 2016 contract closed at Rs 46,385, per 1 kg, up by 0.56 per cent after opening at Rs 46,523, against the previous closing price of Rs 46,125. It touched the intra-day high of Rs 46,820. Register Now to Earn More Profit:  

Crude oil futures closed higher in the domestic market on Tuesday finding support from weakness in the U.S. dollar as traders continued to weigh the likelihood of an output-freeze agreement by major producers next month. Several analysts have argued that a production cap at a time when producers are pumping at top speed would hardly take enough barrels off the market to make a material difference. Others have expressed skepticism that the 14-member bloc would be able to forge a consensus given the historical tension among some players. At the MCX, Crude oil futures for August 2016 contract closed at Rs. 3103 per barrel, up by 4.44 per cent, after opening at Rs. 3000, against the previous closing price of Rs. 2971. It touched the intra-day high of Rs. 3114. Register Now To Earn Max Profit:  

Gold futures closed higher in the domestic market on Tuesday as a drop in the dollar and a decline in the U.S. stock market brightened investment interest in the metal. A weaker dollar makes dollar-priced gold and silver more attractive to overseas buyers. At the MCX, Gold futures for October 2016 contract closed at Rs 31,458, per 10 gram, up by 0.77 per cent after opening at Rs 31,250, against the previous closing price of Rs 31,219. It touched the intra-day high of Rs 31,568. Register Now to Earn More Profit:

Following gold, silver futures closed lower in the domestic market on Thursday as participants cut down their holdings as strength in the US stock market and the dollar offset support from a report showing strong investment demand for precious metals in the first half of 2016. At the MCX, silver futures for September 2016 contract is trading at Rs 46,750 per kg, down by 0.77 per cent, after opening at Rs 46,871, against a previous close of Rs 47,115. It touched the intra-day low of Rs 46,477. Register Now and Earn More Profit:  

Gold futures closed lower in the domestic market on Thursday as strength in the US stock market and the dollar offset support from a report showing strong investment demand for precious metals in the first half of 2016. At the MCX, gold futures for October 2016 contract is trading at Rs 31,315 per 10 grams, down by 0.25 per cent, after opening at Rs 31,350, against a previous close of Rs 31,393. It touched the intra-day low of Rs 31,262. Register Now To Earn More Profit  

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Silver futures closed lower in the local market on Friday after data showed the U.S. economy created more jobs than expected in July, raising the chances of an interest rate hike from the Federal Reserve in the coming months. Stocks also vaulted up after the employment report was released, signaling fading demand for havens and a spike in risk appetite. At the MCX, Silver futures for September 2016 agreement closed at Rs 46,161, per 1 kg, down by 3.18 per cent after opening at Rs 47,605, against the last closing price of Rs 47,677. It touched the intra-day low of Rs 46,154. Register Now For More Profit

Gold futures closed lower in the local market on Friday following a stronger-than-expected payrolls report that might provide the Fed Reserve evidence to lift benchmark interest rates sooner than later. Stocks also vaulted up after the employment Q4 was released, signaling fading demand for havens and a spike in risk appetite. At the MCX, Gold futures for August 2016 contract closed at Rs 31,090, per 10 gram, down by 1.68 per cent after opening at Rs 31,600, against the previous closing price of Rs 31,620. It touched the intra-day low of Rs 30.674. Register Now For More Profit

Silver futures closed higher in the domestic market on Thursday as traders created speculative positions taking positive cues from the global market Market analysts said a firming trend in the precious metals in global market, mainly attributed to the rise in silver prices at futures trade. At the MCX, Silver futures for September 2016 contract closed at Rs 47,700, per 1 kg, up by 0.06 per cent after opening at Rs 47,633, against the previous closing price of Rs 47,671. It touched the intra-day high of Rs 47,929. Register Now and Earn more profit:

Gold futures closed higher in the local market on Thu after the Bank of England announced a rate cut for the first time since 2009 & unveiled a batch of stimulus measures aimed at stimulating the country’s economy in the wake of the Jun 23 vote to exit the Eur Union. Although the rate cut was expected, the additional stimulus measures surprised the market, and contributing a jolt to haven assets. This, coupled with easing measures from the Bank of Japan earlier in the week, are being viewed as supportive to the long-term outlook for gold prices. At the MCX, Gold futures for August 2016 contract closed at Rs 31,650, per 10 gram, up by 0.13 per cent after opening at Rs 31,506, against the previous closing price of Rs 31,608. It touched the intra-day high of Rs 31,675. Register Now and earn more Profit: