Natual Gas Price High 144.70 Near My 2nd Target Price 158 – Neal Bhai. Natural gas production in the U.S. is expected to drop by the fastest pace ever in 2021 as drillers slash spending in response to the coronavirus pandemic that’s sending oil prices to historic lows.
Mcx Commodity Trading Tips
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.
MCX Nickel Target Level 900—920, Above 800 Level Any Panic buy
![Nickel at 5-Week Low [05 September 2024]](https://www.goldsilverreports.com/wp-content/uploads/2019/09/Nickel-base-metals-gsr.jpg)
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.
Analysts say Russia Doesn’t Need to Hold More Gold in Reserve
The central bank announced on Monday that it would stop buying gold starting April 1, but didn’t explain the move. Analysts say Russia already has a lotof gold stashed in reserves and likely doesn’t need more.
MCX Nickel Next Target 998—918 Any Panic Buy Stop Loss Paid
MCX Nickel Next Target 998—918 Any Panic Buy Stop Loss Paid
MCX Nickel yesterday settled down by 3.14% at 893.5 prices dropped as downbeat industrial data from China and emergency interestrate cut from the US FederalReserve underscored the potentially crippling blow of the coronavirus pandemic to the globaleconomy.
MCX Silver Low 43702 Buy 100—500 Lots and Relaxxxxxx – Neal Bhai
MCX Silver Low 43702 Buy 100—500 Lots and Relaxxxxxx – Neal Bhai
Gold Silver Reports – The U.S. central bank slashed rates by 50 basis points, cutting rates outside the normal cycle of meetings for the first time since 2008. Speculation is rife that the European Central Bank will respond to the Fed’s “decisive” interest rate cut with easing of its own.
Gold eases as equities edge up, virus concerns cap losses
Spot gold was down 0.1 per cent at $1,574.69 per ounce as of 0427 GMT, having touched its highest since Feb. 4 at $1,577.89 earlier in the session.