Copper prices CMCU3 have extended their sharp recovery last week from the March lockdown lows of $4,371 to $7,973.5 a tonne, the highest since February 2013, buoyed by China’s solid demand and hefty investments by speculators amid monetary policy easing. views the current prices do not reflect fundamentals and the rally has been overdone.
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Dollar Price Forecast: USD Recovery Eyes Initial Hurdles
The US Dollar rallied more than 0.4% this week with DXY marking the second consecutive weekly advance. The rally takes the index nearly 2% off the monthly lows with the rally now eyeing initial resistance hurdles just higher.
MCX Silver Stop Loss Hit……. Call Close – Neal Bhai
MCX Silver Stop Loss Hit……. Call Close – Neal Bhai
Recently, the price has headed higher, bringing down the gold-silver ratio, the all-important indicator of how many ounces of silver would be needed to buy an ounce of gold.
MCX Nickel Target 900 full Hit Wait For 2nd Target 920 – Bola Tha Buy only
MCX Nickel Target 900 full Hit Wait For 2nd Target 920 – Bola Tha Buy only
MCX Nickel Trading Tips : MCX Nickel Target Level 900—920, Above 800 Level Any Panic buy
Copper MCX Price Target 408—413 – Any Big Panic Buy And Sleep – Neal Bhai
Copper MCX Price Target 408—413 – Any Big Panic Buy And Sleep – Neal Bhai
Shanghai copper prices rose to a near four-week high on Monday as supply worries rose following a fall in inventories and suspension of operations in major producer nations.
Commodities Weekly Technical Research Report 13 — 17 April 2020 – Gold Silver Reports
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Natual Gas High 144.70 Near My 2nd Target Price 158 – Neal Bhai
Natual Gas Price High 144.70 Near My 2nd Target Price 158 – Neal Bhai
NATURAL GAS 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 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.
![Nickel at 5-Week Low [05 September 2024]](https://www.goldsilverreports.com/wp-content/uploads/2019/09/Nickel-base-metals-gsr.jpg)
MCX Nickel Target Level 900—920, Above 800 Level Any Panic buy
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.