Gold Silver Reports – MCX Copper Below 452 Sell Sell Sell Target 440—434 – Technically MCX Copper is getting support key at 440 and below same could see a test of 434 levels and resistance key is now likely to be seen at 452, a move above could see prices testing 462
Copper / Nickel
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London Metal Exchange Copper Eased
Gold Silver Reports – London Metal Exchange Copper Eased — London copper drifted lower on Tuesday as a firm dollar dictated direction in a thinly traded market, with holidays in top metals user China.
India Brass, Copper Scrap Prices Show Uptrend; Copper Futures slightly down
Gold Silver Reports – India Brass, Copper Scrap Prices Show Uptrend; Copper Futures slightly down — India’s major brass and copper scrap commodities prices showed an uptrend on the Scrap Register Price Index as on Friday, while copper futures prices at India’s Multi Commodity Exchange settled down as the dollar rose after US jobs growth surged in January and wages rose, recording their largest annual gain in more than 8-1/2 years.
Copper Producers Switch to Provisional Pricing; Aim to Avoid Losses
Gold Silver Reports – Copper Producers Switch to Provisional Pricing; Aim to Avoid Losses — In a major shift in strategy, downstream copper producers (manufacturers of wires, cables, pipes and tubes, etc.) have started fixing their product prices on provisional basis, a practice similar to primary metal producers.
Free MCX Nickel Tips, Above 845 Buy Every Dips Target 905—940
Gold Silver Reports – Free MCX Nickel Tips, Above 845 Buy Every Dips Target 905—940 — Technically Nickel market is under long liquidation as market has witnessed drop in open interest by 32.11% to settled at 6764 while prices down 27.6 rupees.
Protected: Zinc-Nickel MCX Report Update By Indian Goldman Neal Bhai
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Copper MCX Sell on Rise, Resistance Key 452 Target 440—437
Gold Silver Reports – Copper MCX Sell on Rise, Resistance Key 452 Target 440—437 – Technically Copper market is under fresh selling as market has witnessed gain in open interest by 48.95% to settled at 16998.
Copper MCX Sell on Rise, Downside Target 449—444
Gold Silver Reports – Copper MCX Sell on Rise, Downside Target 449—444 – Technically Copper market is under fresh selling as market has witnessed gain in open interest by 6.85% to settled at 12282 while prices down 2.25 rupees.
Chinese Region’s Fake Data in Focus After Local Borrower Downgrade
Gold Silver Reports – Chinese Region’s Fake Data in Focus After Local Borrower Downgrade – A local state-owned company in China’s Inner Mongolia, a region that recently admitted having inflated key economic data, has suffered a credit rating downgrade.