Gold Silver Reports – Natural gas on MCX settled down -3.12% at 111 as warmer temperatures in the Northeast and Midwest last week cut demand for natural gas sharply.
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Gold MCX Range 29029 to 29580; Sell On Rise
Gold Silver Reports – Gold trades lower as sentiment in equity markets continues to improve. A stronger INR too weighs on domestic prices. Investment demand meanwhile continues to support prices with SPDR holdings at highest since September 2014.
Copper MCX Intraday Trading Range 312 to 322
Gold Silver Reports → Copper settled down -0.34% at 318.10 but recovered from the day’s low as sentiments boosted by the weak dollar, but the expected short-term gains, amid worries that global economic growth in poor condition will be restricted metal consuming nations of China’s economic activity. Support seen with the Chinese government supports the initiative to show the effect of this year, China’s housing prices are likely to rise, the outside world is widely expected in the next few months China will further relax the policy.
Crude MCX Trading Range 2170 to 2330
Gold Silver Reports → Crude oil may move in range of 2170-2230. Crudeoil settled with a gain on Wednesday, finding support from a weekly decline in U.S. crude production,
Commodities Weekly Research Report 22-02-16 to 26-02-16
Commodities Weekly Research Reports 22.02.2016 to 26.02.2016
