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Gold futures ended marginally higher on Friday, registering its biggest weekly gain in more than a year, as dollar slumped against a bucket of major currencies. Moreover, increasing concerns over rising inflation and slightly weaker US growth readings also provided safe-haven some support.   Gold futures for April delivery rose by $0.9, or 0.1 percent, at $1,356.20 per ounce on the Comex division of the New York Mercantile. While, spot gold was up by 0.3 percent at $1,348.58 per ounce.    Get More Commodity Tips So Missed Call This Number @ 7089009189 And Like This Page >> Investment Visor .

Extending winning streak for the third straight day, Crude oil prices settled higher on Friday as global equities headed for their biggest weekly gain in six years and as the dollar slipped to a three-year low. Investor shrugged off data showing that the number of US oil rigs jumped for the fourth straight week. According to data from energy services firm Baker Hughes, US drillers added 16 rigs to bring the count to 798, the highest level since April 2, 2015. The US shale book has offset OPEC's supply quota plan that was intended to end the global oil surplus.   Benchmark crude oil futures for March delivery surged 34 cents or 0.6 percent, at $61.68 a barrel on the New York Mercantile Exchange. April Brent crude gained 51 cents or 0.8 percent to settle at $64.84 a barrel on London’s Intercontinental Exchange.    Get More Commodity Tips So Missed Call This Number @ 7089009189 And Like This Page >> Investment Visor .

India imported a record 4.93 million barrels of oil per day (bpd) in January to feed its expanded refining capacity and meet rising demand, ship tracking data obtained from sources and data compiled by Thomson Reuters Oil Research & Forecasts showed.   The world's third-biggest oil importer shipped in 13.6 percent more oil in January than a year earlier and about 12.5 percent more than the previous month, the data showed.   Imports in January were high as state-run refiners, which operate two-third of India's nearly 5 million bpd capacity, usually boost runs in the March quarter to meet government-set targets.   Get Daily Profit In Stock Market Using Our Stock Tips So Missed Call This Number @ 7089009189 And Like This Page @ I nvestment Visor .

The Indian rupee opened marginally higher at 63.87 per dollar on Friday against previous close 63.91.   The dollar index suffered another fall soon after US CPI numbers which helped EM currencies gain.   The USD-INR pair broke 64 on the downside yesterday and I expect the rupee appreciation trend to continue. See a range of 63.85-64.05 for the day.   Get Daily Profit In Stock Market Using Our Stock Tips So Missed Call This Number @ 7089009189 And Like This Page @ Investment Visor .

Crude oil futures edged higher to above $60 a barrel on Wednesday, as the U.S. dollar weakened on downbeat economic data. A relatively small build in U.S. oil stockpiles also helped crude oil rebound from its recent losses. The Energy Information Administration (EIA) reported a third consecutive weekly build in oil inventories. This time, the build was 1.8 million barrels for the week to February 9, roughly in line with estimates.    Benchmark crude oil futures for March delivery surged 2.4 percent, at $60.60 a barrel on the New York Mercantile Exchange. April Brent crude gained 2.6 percent to $64.36 a barrel on London’s Intercontinental Exchange.    Get Daily Stock Tips So Missed Call This Number @ 7089009189 And Like This Page >> Investment Visor .

The Indian rupee opened higher by 14 paise at 63.95 per dollar on Thursday against previous close 64.09.   Higher than expected US CPI has increased the probability of Fed rate hikes to 4 times this year including March. This coupled with sudden spurt in oil prices weakened the dollar and exerted upward pressure on US Treasury yields.   Get Daily Stock Tips So Missed Call This Number @ 7089009189 And Like This Page >> Investment Visor .

The Indian rupee opened higher by 16 paise at 64.15 per dollar on Wednesday versus 64.31 Monday.   We expect the rupee to trade sideways with a positive bias in absence of any directional cues.   The trading range for the spot USD-INR pair is seen between 64-64.50.   Get Daily Profit In Stock Market Using Our Stock Tips So Missed Call This Number @ 7089009189 And Like This Page @ Investment Visor .

Gold prices rose for a third straight session on Wednesday to hit a one-week high, buoyed by a weaker dollar, while investors awaited U.S. inflation data for clues on the pace of future U.S. interest rate increases.   FUNDAMENTALS   Spot gold was up 0.3 percent at $1,332 an ounce, as of 0115 GMT, after touching its highest level since Feb. 6 at $1,333.76.   U.S. gold futures rose 0.4 percent to $1,335 per ounce.   The dollar was down against a basket of currencies at 89.722, having shed 0.6 percent overnight. A retreat in the dollar, in which bullion is priced, has helped gold pull back nearly 2 percent from last week's one-month low of $1,306.81 an ounce.   Asian shares were set for a tense session on Wednesday as investors await readings on U.S. inflation that could fan fears of faster rate hikes and unleash another burst of global volatility.   U.S. inflation data for January is due on Wednesday and t...

Gold futures ended moderately higher on Monday, tracking weaker dollar against a bucket of currencies. Meanwhile, investors remained cautious ahead of Inflation data, which is due on Wednesday and interest rate hike anticipations.   Gold futures for April delivery settled higher by 0.8 percent at $1,326.40 per ounce on the Comex division of the New York Mercantile. While, spot gold gained by 0.5 percent at $1,323.16 per ounce.   Get Daily Profit In Stock Market Using Our Stock Tips So Missed Call This Number @ 7089009189 And Like This Page @ Investment Visor .

After a steep sell-off last week, Crude oil futures settled little changed on Monday, as investors got boost with an upbeat OPEC monthly report underlying continued global oil demand growth. OPEC said it expects global oil demand growth to rise by 1.59 million barrels a day (bpd), up 60,000 bpd from December’s forecast. However, benchmark crude oil futures pared most of the earlier gains and unable to hold $60 a barrel mark, as the government forecast a further rise in domestic shale-oil production.    The Energy Information Administration reported that shale crude-oil production from seven major US oil plays is expected to see a monthly climb of 110,000 barrels a day in March to 6.756 million barrels a day.   Benchmark crude oil futures for March delivery rose 9 cents or 0.2 percent, at $59.29 a barrel on the New York Mercantile Exchange. April Brent crude slipped 20 cents or 0.3 percent to $62.59 a barrel on London’s Intercontinental Exchange....

Natural Gas on MCX settled down -4.84% at 167.2 as prices fell to a six-week low on forecasts for less cold weather and lower heating demand next week than previously expected. The commodity has been on the backfoot after weather forecasts showed that temperatures across key parts of the U.S. won't be as cold as previously expected.   Trading Ideas:    * Natural Gas trading range for the day is 162-177.    * Natural Gas fell to a six-week low on forecasts for less cold weather and lower heating demand next week than previously expected.    * As the weather moderates, projected, gas demand in the lower 48 U.S. states would slip to 105.6 billion cubic feet per day in the week.    * The commodity has been on the backfoot after weather forecasts showed that temperatures across key parts of the U.S. won't be as cold as previously expected.   Get Stock Tips So Missed Call @ 7089009189 ...

Silver on MCX settled down -1.11% at 37578 as investors eyed volatility in global stocks and a leading dollar index aimed for its best weekly performance in more than a year. The U.S. dollar rose against a currency basket, heading for its strongest week in nearly 15 months, with major U.S. equity indexes shedding around 1 percent a day after a plunge that confirmed a correction for the market.   Trading Ideas:    * Silver trading range for the day is 37238-38182.   * Silver dropped as investors eyed volatility in global stocks and a leading dollar index aimed for its best weekly performance in more than a year.    * The global market selloff, and bets that US could see at least three interest rate hikes in 2018 due to improving U.S. fundamentals have propelled the U.S. dollar.    * US wholesale inventories rose 0.4% in the final December reading, up from 0.2% in the preliminary reading, while expect...

Indian ADRs ended higher on Friday. In the IT space, Infosys added 1.46 percent at USD 17.36 and Wipro rose 2.35 percent at USD 5.22.   In the banking space, ICICI Bank was up 1.10 percent at USD 10.13 and HDFC Bank gained 1.77 percent at USD 99.26.   In the other sectors, Tata Motors was up 0.42 percent at USD 28.42 and Dr Reddy's Laboratories surged 3.24 percent at USD 34.11.    Get Stock Tips So Missed Call @ 7089009189 And Like This Page @ Investment Visor .

US stocks ended a wild week with a burst of buying, pushing the S&P 500 up 1.5 percent on Friday, but still recorded their worst week in two years, and investors braced for more volatile trading days ahead.   The sharp falls of the week confirmed the market was in a correction, down more than 10 percent from a Jan. 26 record high, and throwing the nearly nine-year bull market off course.    Get Stock Tips So Missed Call @ 708900918 9 And Like This Page @ Investment Visor .

Amid a weakening global trend, gold futures traded lower today as speculators trimmed positions. Analysts said the fall in gold futures was mostly attributed to cutting down of positions by participants in tune with a weak trend overseas. At the MCX, gold futures for April 2018 contract is trading at Rs 30044 per 10 grams, down by 0.21 per cent, after opening at Rs 30055, against a previous close of Rs 30107. It touched the intra-day low of Rs 30011.   Get Daily Stock Tips So Missed Call This Number @ 7089009189 And Like This Page >> Investment Visor .

Copper futures traded 0.74 per cent lower at Rs 436.95 per kg today as speculators offloaded bets amid a weak trend overseas. Furthermore, subdued demand at domestic spot market pushed down metal prices.    At the Multi Commodity Exchange, copper for delivery in February shed Rs 3.25, or 0.74 per cent, to Rs 436.95 per kg in a business turnover of 1,021 lots. Also, metal for delivery in far-month April was trading down Rs 3.25, or 0.73 per cent, at Rs 441.80 per kg in 34 lots.    Analysts attributed the fall to offloading of positions by participants amid muted demand at the domestic spot markets and weak trend overseas.     Get Daily Stock Tips So Missed Call This Number @ 7089009189 And Like This Page >> Investment Visor .

MCX Crude Palm Oil (CPO) closed flat on Wednesday tracking higher stock pile in the domestic market coupled with weak Malaysia futures. Government cuts tariff value for CPO by $1 per tn to $675 while increase tariffs for RBD Palmolein by $5 to $695 for the first half of Feb. On anticipation that country will import more as Malaysia lifted export taxes may pressurize prices in the coming weeks.   Outlook     CPO futures may trade sideways tracking weak International prices and good physical demand in the domestic market. However, higher stocks and cut in base import prices by the govt. for second half of January may keep prices in a range.   Get Daily Profit In Stock Market Using Our Stock Tips So Missed Call This Number @ 7089009189 And Like This Page @ Investment Visor .