MCX Extend Trading Hours

MCX (Multi Commodity Exchange) To Launch Crude Oil Options, Metals Options Dated May 15, 2018

Gold Silver Reports (GSR) – MCX (Multi Commodity Exchange) To Launch Crude Oil Options, Metals Options Dated May 15, 2018 – India is the world’s third-biggest consumer of crude oil. Crude oil futures contracts were most traded on the exchange platform in 2017/18 fiscal year ended on March 31. Two contracts expiring on June 15 and July 17 with lot size of 100 barrel will be launched next week, the exchange said.             

READ MORE…

NCDEX Turmeric under long liquidation

Gold Silver Reports (GSR) – Technically Turmeric market is under long liquidation as market has witnessed drop in open interest by 5.37% to settled at 8275 while prices down 252 rupees.  

READ MORE…

NCDEX Transaction Charges 2018

Gold Silver Reports – गिरते ट्रेडिंग वॉल्यूम के बीच एनसीडीईएक्स ने अपने ट्रांजैक्शन चार्ज में भारी बदलाव किया है। एक्सचेंज ने ए कैटेगरी में 25 से 50 करोड़ रुपये के टर्नओवर पर ट्रांजैक्शन चार्ज बढ़ाकर 4.5 रुपये प्रति 1 लाख रुपये कर दिया है। वहीं 50 करोड़ से 150 करोड़ रुपये के टर्नओवर पर ट्राजैक्शन चार्ज 3.5 रुपये प्रति 1 लाख रुपये कर दिया गया है। जबकि 150 करोड़ रुपये के ऊपर के टर्नओपर पर ट्राजैक्शन चार्ज 3 रुपए प्रति 1 लाख रुपये देना होगा।

READ MORE…

Gold Trades

Gold Futures’ 4 Million Ounce Trade Triggers Sell-Off

Gold Silver Reports – Gold Futures’ 4 Million Ounce Trade Triggers Sell-Off – Gold appears to be vulnerable to the whims of traders. After 11:10 a.m. in New York almost 40,000 contracts, each representing 100 ounces of the metal, traded in a span of 10 minutes, spurring a sell-off that sent prices down almost 1 percent.

READ MORE…

Gold Mines in Alaska’s Estimated Worth Nearly $500 Billion

Gold Silver Reports – Gold Mines in Alaska’s Estimated Worth Nearly $500 Billion – The Trump administration has taken a key step toward paving the way for a controversial gold, copper and molybdenum mine in Alaska’s Bristol Bay watershed, marking a sharp reversal from President Barack Obama’s opposition to the project.

READ MORE…

India-China Border Tensions

A Commodity Superpower Asks What If India Is the Next China?

Commodity SuperpowerGold Silver Reports – A Commodity Superpower Asks What If India Is the Next China? – India has the potential to boost consumption of everything from copper to iron ore as its economy expands over the next two decades and more people flock to its cities, according to projections from the Australian government that try to fathom whether the country will emulate China.

READ MORE…

MCX GOLD FUTURES OUTLOOK

Gold MCX Trading Zone Key Level 29480 – 29935

Gold MCXGold Silver Reports — Gold MCX Trading Zone Key Level 29480 – 29935 — Technically market is getting support key at 29545 and below same could see a test of 29480 levels and resistance key is now likely to be seen at 29780, a move above could see prices testing 29935.

READ MORE…