Mid Session
Prev Next
As on Jan 19, 2018 12:00 AM Your results on : Mid Session    
Commodities Buzz: CONAB Estimates Record Coffee Crop In Brazil During 2018
19-Jan-2018 (15:29)
Economic Buzz: German Producer Price Inflation Slows In December
19-Jan-2018 (14:40)
Steady Indian Buying Prospects Lift Gold
19-Jan-2018 (14:18)

COMEX Gold futures slipped from a four month high yesterday but are witnessing good buying today. US equities came off record highs concerns about a potential government shutdown and Asian equities are also turning in a mixed performance. Good Indian demand prospects also turned out to be a key factor yesterday. The metal is currently trading at $1232 per ounce, up 0.35% on the day. MCX Gold futures are quoting at Rs 29757 per 10 grams, up 0.38% on the day.

India's gold imports rose 53% to 846 tonnes last year on strong domestic demand and lower global prices, according to MMTC-PAMP India, media reports stated. The world's second largest gold consumer had imported 550 tonnes of the metal in 2016. In December 2017, gold imports rose to 70 tonnes from 49 tonnes in the year-ago period. This is likely to keep the metal supported in near term, capping downside pressure.

A sharp spurt in equities to record highs has also weighed on Gold this week. Stocks have been soaring in recent weeks on upbeat economic cues. According to a latest Global Economic Prospects 2018 update from the World Bank, a broad-based cyclical global recovery is underway, aided by a rebound in investment and trade, against the backdrop of benign financing conditions, generally accommodative policies, improved confidence, and the dissipating impact of the earlier commodity price collapse.

Global growth is expected to be sustained over the next couple of years—and even accelerate somewhat in emerging market and developing economies (EMDEs) thanks to a rebound in commodity exporters. Global growth is projected to edge up to 3.1% in 2018, as the cyclical momentum continues, and then slightly moderate to an average of 3% in 2019-20. This basically translates into an economy growing at around six year high.

Powered by Commodity Insights

Currency Buzz: Strong US Labour Market Supports Dollar Index
19-Jan-2018 (12:32)
LME Inventories Data
19-Jan-2018 (12:07)
Indian Rupee: Firms Up In Early Trades
19-Jan-2018 (10:32)
Economic Buzz: New Zealand Manufacturing Sector Decelerates In December
19-Jan-2018 (10:06)
Gold Slips On Strength In Equities
18-Jan-2018 (14:44)
Economic Buzz: Japan Industrial Production Rises 0.5% On Month In November
18-Jan-2018 (12:52)
International Prices Of Imported Edible Oil At Domestic Ports As On 18th January,2018
18-Jan-2018 (12:28)
MCX Copper Rises From Three Week Low
18-Jan-2018 (12:21)
LME Inventories Data
18-Jan-2018 (12:11)
Economic Buzz: Australia Unemployment Rate Climbs To 5.5% In December
18-Jan-2018 (10:35)
Indian Rupee: Strengthens On Sustained Capital Inflows
18-Jan-2018 (10:32)
Connect with us :   
About us
Our Services
Core Values
Investor Relations
Product & Services
Institutional Broking
Clearing Services
Trade & Products
Globe Connect Pro
Globe Trade Smart
Globe Connect Mobile/Tablet
Globe News Connect
Globe e-KYC Application
Back Office
Back Office
KYC/KDC Status
Mutual Fund
RMS Policy
Download Forms
Useful Links
Exchange Holidays
Policies, Procedures, Rights, Obligations and RDD
Guidance Note on FATCA and CRS May 2016
Right and Obligation, RDD, Guidance Note in Vernacular Language - Equity | Commodity
Additional Risk Disclosure for Trading into Commodity options
In case of any grievances pleae write to / (For Trading) (For DP) (For PMS) (For Commodities)
SEBI Regn. No. NSE.:INB/INF/INE 230663732, TM No.:06637, Clearing No.- M50302 | SEBI Regn. No. BSE.:INB/INF/INE 010663731, Clearing No.- 3179 | SEBI Regn No. MSEI :INB/F 260663738, INE 260663732, TM Code-1004, Clearing Member Code- 4 | SEBI Regn for DP : IN-DP-NSDL-97-99, NSDL- DP ID: IN300966, CDSL DP ID: 12020600 | Research Analysts Regn No. INH100001187 | PMS Regn No. INP000002361
* Through subsidiary Globe Commodities Ltd. --> Commodity SEBI Regn. No. - INZ000024939, Exchange Regn. Nos. - MCX CM ID: 8550 TM ID: 10735, NCDEX CM ID: M50011 TM ID: 00012, NMCE ID: CL0111, ICEX ID: 1009, NCDXSPOT-CR-07-10011,
** Through step in subsidiary Globe Comex International DMCC --> DGCX **TM Id.1064, CM Id.3064*
"We also do Pro-Account trading in Commodity Segment.."
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
Attention Investors:
"Prevent Unauthorised transactions in your account --> Update your mobile numbers/email IDs with your Stock Brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of investors"
"Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL/CDSL on the same day......................issued in the interest of investors."
"No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
© 2013 Globe Capital Market Limited. All rights reserved
Designed, Developed and Content powered by C-MOTS Infotech (ISO 9001:2008 Certified) Privacy Policy Disclaimer Terms and Conditions