Launch of Copper Futures (2500 Kilograms) July, August, September and October 2019 Futures Contracts with modifications
Commodity News
Commodity News – Real-time Accurate MCX Commodity Market News and forecast for today. Best commodity market online tips through whatsapp and telegram by Neal Bhai.
U.S. Crude down by 0.3% at $52.1/bbl in early Trading in Asia
U.S. Crude down by 0.3% at $52.1/bbl in early trading in Asia after gains in previous session following tanker attacks
China Imports Tumbled in May, Holding Up Trade Deal With China Ahead of G-20
Gold Silver Reports ✔ – President Donald Trump – It’s me right now that’s holding up the deal,” Trump said at the White House before he left on a trip to Iowa. “And we’re going to either do a great deal with China or we’re not going to do a deal at all.”
Gold Prices Rose by Rs. 110 to Rs. 33,730 per 10 grams on Monday
Gold Silver Reports (GSR) – Gold prices rose by Rs. 110 to Rs. 33,730 per 10 grams on Monday, reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association.
China is Buying & Accumulate More and More Gold as the Trade War Drags on
Gold Silver Reports (GSR) – China extended its gold-buying spree, adding to reserves for a sixth straight month, as the protracted trade war with the U.S. hurts growth expectations and boosts demand for a portfolio diversifier.
The Precious Metal Soared to $1,348.08 an Ounce, Long Eid Holidays in the UAE were Wrapping up on Friday
Gold Silver Reports (GSR) – Dubai: Consumers in the UAE who haven’t been buying gold for a while are in for a shock: prices have reached a new high, climbing nearly Dh8 per gram in just a little over one week.
Monetary Policy Decisions – Gold Silver Reports (GSR)
The Governing Council of the European Central Bank (ECB) took the following monetary policy decisions:
(1) The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.40% respectively.