Gold Silver Reports ✅ — Technically Aluminium market is under fresh selling as market has witnessed gain in open interest by 8.98% to settled at 2063 while prices down 1.4 rupees.
Tag: Aluminium MCX
Gold Silver Reports — Aluminium on MCX settled up 0.79% at 108.65 as prices hit its highest level in nearly six weeks as the dollar dipped and investors bought more risky assets ahead of a Federal Reserve meeting.
Gold Silver Reports – Aluminium on MCX settled down -2.3% at 103.95 held around 4-week lows on Tuesday after a weaker dollar and renewed jitters about Chinese economic growth tarnished demand for commodities.
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MCX Aluminium Low 105
Gold Silver Reports ~ Aluminium settled up 0.38% at 104.45 as a weaker dollar sparked investor demand for the industrial metal and drove bearish traders out of the market.
Financial speculators in metal such as hedge funds have been strongly bearish on the market since early November, amid signs of weakening economic growth around the world. Some of the market’s gains in recent days likely have been fueled by traders closing out short positions that profit from falling prices as the market has rallied against them.