Posts

Showing posts with the label bullion tips

Gold futures rise 0.22% on positive global cues

Image
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:  

Crude remains near 7-week high

Image
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 ...

Gold dips on feeble global cues

Image
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:  

Gold rises on weak US dollar

Image
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:

Gold loses sheen on $ strengthening

Image
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  

Flat 20% off in all Segments for Independence Day

Image
Only last 5 Days are remaining to grab this offer. On the occasion of Independence Day we are giving a wonderful offer to the new traders in share market. Here you will get 20% off in all segments of services plans, to grab this offer you just have to register yourself. And you can also get 2 day free trial by registering yourself. This Offer valid till 15 th August 2016 Book profit Today by Bonaz Capital To fill up Free Trail form click hear: http://www.bonazcapital.com/free-trail/ Give Missed Call at +91 9039006355 And Earn more profit in Stock Market

Bullion dips on strong nonfarm-payrolls Q4

Image
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