Insignia Consultants
New Delhi
Friday, 13 December 2019
TIME
8:35 AM IST
----------------------------------------------------------------------------------------------------------------
MCX METALS MARKET REPORT
Gold February and silver March rose
yesterday to a high of 38068 and 44630 yesterday and then crash and closed
lower. Nearing of US-China trade deal was the cause. Gold and silver rose initially as they were trading
below cost in MCX. European central bank
chief press conference boosted gold and silver bulls. “Punctured” is the word I
will use after gold and silver prices crashed like a pack of cards after news
on nearing of US-China trade deal.
MCX DAILY PEFORMANCE
|
|||
|
Closing Price
|
|
|
MCX FUTURE
|
12-Dec-19
|
11-Dec-19
|
%gain/loss
|
Gold
February 2020
|
37,544.00
|
37,699.00
|
-0.41
|
Silver
March 2020
|
43,926.00
|
43,825.00
|
0.23
|
Crude
oil Dec 2019
|
4,200.00
|
4,156.00
|
1.06
|
Natural
Gas Dec 2019
|
163.30
|
160.50
|
1.74
|
Copper
Dec 2019
|
441.95
|
442.05
|
-0.02
|
Zinc
Dec 2019
|
182.70
|
181.25
|
0.80
|
Lead
Dec 2019
|
153.20
|
153.85
|
-0.42
|
Nickel
Dec 2019
|
1,020.70
|
1,014.30
|
0.63
|
Prices of MCX futures are in Indian rupees above)
|
(For Trading Report, Whatsapp @9311139549)
Disclaimer: Any opinions as to the commentary, market
information, and future direction of prices of specific currencies, metals and
commodities reflect the views of the individual analyst, In no event shall
Insignia Consultants or its employees have any liability for any losses
incurred in connection with any decision made, action or inaction taken by any
party in reliance upon the information provided in this material; or in any
delays, inaccuracies, errors in, or omissions of Information. Nothing in this
article is, or should be construed as, investment advice. All analyses used
herein are subjective opinions of the author and should not be considered as
specific investment advice. Investors/Traders must consider all relevant risk
factors including their own personal financial situation before trading.
Websitewww.insigniaconsultants.in. Prepared by
Chintan Karnani
Disclosure: Members, employees, directors, clients and all other people
associated with “Insignia consultants” do trade in MCX metals and energies.
They may or may not have positions on the trading strategies mentioned in this
report. They may also have open positions in MCX metals and energies futures in
trading strategies other than those mentioned in this report.
Insignia Consultants does not have any branches in India.
Insignia Consultants does not have any marketing agents in any city in
India.
ALL VIEWS ARE INTRADAY UNLESS OTHERWISE
SPECIFIED
Follow
us on Twitter @insigniaconsul1
PLEASE
NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS
PLEASE
USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.
THE
TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT
You
can also download our Android App for these updates :
For live Updates You can also join our
For Full Reports
and live trading calls please Call / Whatsapp 9311139549.
For todays
Full report Please paytm using the barcode below:
No comments:
Post a Comment