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mcx-reports

Gold prices fell sharply amid dollar strength following a jobs report showing the US<br>economy created more jobs than expected in January, while signs of wage growth lifted investor<br>expectations for a faster pace of rate hikes. The Labor Department said Friday, U.S. non-farm<br>payrolls rose by 200,000 jobs iŶ JaŶuarLJ. That ďeat eĐoŶoŵists’ foreĐasts for ϭ84,ϬϬϬ Ŷeǁ<br>jobs. While unemployed remained at unchanged on the prior month at 4.1%. BNP Paribas<br>revised upward its assessŵeŶt of Đore PCE iŶflatioŶ, the Fed’s preferred ŵeasure of iŶflatioŶ, to<br>2.2% from 2.0% previously, and said it expects the Fed to raise rates four times in 2018<br>compared to the prior estimate of just three hikes.

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mcx-reports

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  1. DAILY MARKET WRAPUP COMMODITY OPEN HIGH LOW CLOSE SILVER 38693 38861 38572 38676 GOLD 30650 30839 30650 30801 CRUDEOIL 3937 3963 3892 3939 NETURALGAS 165.00 166.20 163.40 165.50 ZINC 230.00 231.85 229.30 230.50 LEAD 168.00 169.75 167.50 167.55 ALLUMINIUM 137.00 142.10 135.55 141.35 COPPER 458.40 464.10 458.10 460.80 NICKEL 898.00 907.00 879.60 881.60 Contact No. +91-903-977-7700 www.moneyclassicresearch.com

  2. COMMODITY NEWS  economy created more jobs than expected in January, while signs of wage growth lifted investor expectations for a faster pace of rate hikes. The Labor Department said Friday, U.S. non-farm payrolls rose by 200,000 jobsi? Ja?uar?. That ?eat e?o?o?ists’ fore?asts for ?84,??? ?e? jobs. While unemployed remained at unchanged on the prior month at 4.1%. BNP Paribas revised upward its assess?e?t of ?ore PCE i?flatio?, the Fed’s preferred ?easure of i?flatio?, to 2.2% from 2.0% previously, and said it expects the Fed to raise rates four times in 2018 compared to the prior estimate of just three hikes.  Crude oil prices settled lower as data pointing to signs of rising output weighed on sentiment while a rebound in the dollar added to downside momentum. The number of oil rigs operating in the US rose by six to 765, the highest level since Aug. 11, according to data from energy services firm Baker Hughes. That added to ongoing fears that rising output may weigh on oil prices as US output reached 10 million barrels per day last week, according to data from the Energy Information Administration. Also adding to pressure on oil prices was dollar strength on nonfarm payrolls data showing wage growth improved, fueling expectation for a faster pace of rate hikes the? is ?urre?tl? pri?ed i? ?ith so?e a?al?sts e?pe?ti?g the Federal Reser?e’s ?dot plots,? to sho? four rate i??reases for this ?ear rather than the current three rate hikes. Gold prices fell sharply amid dollar strength following a jobs report showing the US

  3. GOLD TECHNICAL UPDATE MCX GOLD APRIL 2018 Researcher View The above Daily chart of Gold suggests that prices have move up side after breakout Resistance level. RSI is in buy mode. We expect prices to correct up to levels of 31240

  4. CRUDEOIL TECHNICAL UPDATE MCX CRUDEOIL MARCH 2018 Researcher View The above Daily chart of Crude oil suggests that prices have reversed after taking Support level. RSI is in buy mode. We expect prices to correct up to levels of 3780

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