Gold Prices Inches Up On Weaker Treasury Yields Dollar

On Thursday gold prices soared on the easing of the US dollar and flattered Us Treasury yields and it was lowest in the early decade.
In the previous session, it was soared by 0.3% and its spot gold soared 0.5% to USD 1,251.91 per ounce.For the August delivery it gained 0.6% to USD 1,253.10 per ounce.
On Wednesday the US Treasury yield curve it flattered 10 year low as the investors evaluated and its impact on the reservation policy and its inflation measures are deteriorating.
On Wednesday Dollar slipped from 1 month against a basket of currencies and investors books its profit on gains with that expectation of the US interest rates for this year.
The world’s largest gold backed ETF’s is the SPDR Gold Trust, surged to. 04% to 853.98 tonnes on this Wednesday.
For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
✆ – 0731-6626222 | Toll Free – 1800-3010-2007 ✔
Give a Missed Call for Free Trial – 09699997717 ✔

Subdued Physical Demand Drags Down Lead Futures By 0.29%

Lead futures were trading lower during morning trade in the domestic market on Thursday as investors and speculators remained on the sidelines in the industrial metal on muted physical demand for lead, from battery-makers, in the domestic spot market.
Further, a decline in physical demand from battery-makers in the domestic spot market, influenced prices of lead at futures trade.
the MCX, lead futures for June 2017 contract is trading at Rs 139.85 per kg, down by 0.29 per cent, after opening at Rs 140.05, against a previous close of Rs 140.25. It touched the intra-day low of Rs 139.85 (at 10:31 hours).
For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
✆ – 0731-6626222 | Toll Free – 1800-3010-2007 ✔
Give a Missed Call for Free Trial – 09699997717 ✔

Rama Steel Tubes Installed A Solar Project At Khopoli

On Monday, Rama Steel Tubes Installed a solar project at Khopali facility, Maharashtra. The project will provide 1000 MWh/ year of energy; this same amount of energy is needed to power the installed and upcoming capacities. The project has a capacity of 750 kW, will generate the same amount of energy needed to power the current as well as the planned upcoming capacity.
Rama Steel Tubes Ltd is focused on Manufacturing and trading of steel and pipes, and also manufacturing and export electric resistance weld (ERW) steel tubes.
On BSE the Rama Steel Tubes were trading higher by 2.4% at Rs 135.65/ share. Its closest peers are APL Apollo Tubes and Ratnamani Metals Tubes.
The stock of the company has delivered returns of more than 35% in a period of a one year and has a outperformed BSE Metal index and underperformed BSE small cap over the same period.
For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
✆ – 0731-6626222 | Toll Free – 1800-3010-2007 ✔
Give a Missed Call for Free Trial – 09699997717

Aluminium Futures Keep Head Above Water

Aluminium futures were trading higher during morning trade in the domestic market on Tuesday as investors and speculators extended their positions in the industrial metal amid uptick in physical demand for aluminium at the domestic spot market.
Further, a surge in physical demand for aluminium at the domestic spot market was led by building up of fresh bets by traders in the spot markets, supported aluminium prices at futures trade.
At the MCX, aluminium futures for July 2017 contract is trading at Rs 1074.50 per kg, up by 0.28 per cent, after opening at Rs 1103.60, against a previous close of Rs 1071.50. It touched the intra-day high of Rs 1103.60 (at 10:13 hours).
For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
✆ – 0731-6626222 | Toll Free – 1800-3010-2007 ✔
Give a Missed Call for Free Trial – 09699997717 ✔

Crude Oil Futures In Reverse Gear

Crude oil futures were trading lower during noon trade in the domestic market on Tuesday as investors and speculators exited their positions in the energy commodity amid persistent signs of rising supply which undermined an OPEC and other producers’ efforts to support prices.
Besides, OPEC supplies jumped in May as output recovered in Libya and Nigeria, 2 countries exempt from the production cut agreement, too influenced crude oil prices. At the MCX, crude oil futures for July 2017 contract is trading at Rs 2878 per barrel, down by 0.62 per cent, after opening at Rs 2882, against a previous close of Rs 2896. It touched the intra-day low of Rs 2875 (at 12:07 hours).
For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
✆ – 0731-6626222 | Toll Free – 1800-3010-2007 ✔
Give a Missed Call for Free Trial – 09699997717 ✔

Uptick In Physical Demand Buoys Aluminium Futures

Aluminium futures were trading higher during morning trade in the domestic market on Monday as investors and speculators extended their positions in the industrial metal amid surge in physical demand for aluminium at the domestic spot market.
Further, an increase in physical demand for aluminium at the domestic spot market was led by building up of fresh bets by traders in the spot markets, supported aluminium prices at futures trade.
At the MCX, aluminium futures for June 2017 contract is trading at Rs 120.85 per kg, up by 0.50 per cent, after opening at Rs 120.75, against a previous close of Rs 120.25. It touched the intra-day high of Rs 120.90 (at 10:30 hours).
For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
✆ – 0731-6626222 | Toll Free – 1800-3010-2007 ✔
Give a Missed Call for Free Trial – 09699997717 ✔

Lead Futures Climb 0.78% As Demand Ticks Up

Lead futures were trading higher during morning trade in the domestic market on Monday as investors and speculators indulged in building up fresh bets in the industrial metal as physical demand picked up for lead, from battery-makers, in the domestic spot market.
Further, a surge in physical demand from battery-makers in the domestic spot market, supported prices of lead at futures trade. At the MCX, lead futures for June 2017 contract is trading at Rs 136.40 per kg, up by 0.78 per cent, after opening at Rs 136, against a previous close of Rs 135.35. It touched the intra-day high of Rs 136.70 (at 10:35 hours).
For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
✆ – 0731-6626222 | Toll Free – 1800-3010-2007 ✔
Give a Missed Call for Free Trial – 09699997717 ✔