Crude Oil prices hit an 18-year low on March 30 due to a slump in demand caused by lockdowns to contain the coronavirus outbreak and the failure of OPEC and other producers led by Russia to extend a deal on output curbs that expired on March 31.
Crude Oil MCX – Next Target Price 2080—2220, Don’t Sell
Crude Oil MCX – Next Target Price 2080—2220, Don’t Sell
Crude oil prices on Friday rose Rs 294 to Rs 1,915 per barrel as participants widened their positions in line with a positive trend overseas.
Natural Gas MCX – Above 114 Target 134—158, Any Panic Buy 500-100 Lots
Natural Gas MCX – Above 114 Target 134—158, Any Panic Buy 500-100 Lots
Natural gas prices moved lower on Thursday, declining slightly more than 2% following a smaller than expected draw in natural gas inventories.
Gold Spot Rockhard Support Level $1550 Target $1640—$1720 – Neal Bhai
Gold Spot Rockhard Support Level $1550 Above $1550, Big Gold Target $1640—$1720
Above $1550 Level, Don’t Sell Gold
Gold Silver Ready for Big Move Gold 4,000 Points Silver 8,000 Points 💰 – 💰 Dont Miss It – Fast Join 🗝️ Neal Bhai Reports
Gold Silver Ready for Big Move: It is not often that your Plan B yields a better payoff than Plan A. For Indian households that have traditionally coveted gold and silver trinkets for a ‘rainy day’, that safety net is now punching far above its weight.
Markets seen under pressure; Asia down as number of covid-19 cases rise
Asian shares faced another leg lower on Wednesday as the coronavirus sharply slows global growth, leading a gauge of world stocks to post its biggest quarterly decline in more than a decade and oil prices to trade near lows last seen in 2002.
MCX Nickel Target Level 900—920, Above 800 Level Any Panic buy
MCX Nickel yesterday settled up by 0.74% at 866.4 as investors eyed further stimulus by major countries to cushion the worldwide economic meltdown triggered by the coronavirus pandemic.