Zinc futures concluded the trading session with a 0.57% increase, reaching Rs 386. This uptick was bolstered by diminishing worries regarding global economic growth, as a decline in crude oil prices alleviated inflationary pressures. Furthermore, supply-side uncertainties in China contributed additional support to the market. Significant rainfall and flooding in various regions of China have Read More
Natural gas futures concluded at Rs 264.4, reflecting a 0.65% increase, buoyed by a less-than-anticipated rise in U.S. natural gas storage. This development has bolstered expectations for a comparatively tighter supply in the near term. The latest report from the Energy Information Administration indicated that utilities injected 28 billion cubic feet of gas into storage Read More
The current price of gold in India is Rs 14,400 per gram for 24 carat gold, Rs 13,200 per gram for 22 carat gold, and Rs 10,800 per gram for 18 carat gold. These prices are based on the current market conditions. As of today, August 4, 2026, the price of 24K gold in India Read More
Aluminium prices edged higher by 0.29% to settle at Rs 341.35, supported by ongoing supply concerns and historically low inventories in London Metal Exchange warehouses. LME aluminium stocks declined further to 267,800 tonnes, the lowest level recorded this century, reinforcing concerns over near-term metal availability. Additional support came after Alcoa reduced its 2026 alumina production Read More
Crude oil prices increased by 0.95%, closing at Rs 8,113, as renewed geopolitical tensions in the Middle East intensified worries regarding global supply security. Market sentiment improved following reports that Iran’s Revolutionary Guards halted two tankers from passing through the Strait of Hormuz, leading several other vessels to change their routes. This development prompted traders Read More
Silver prices in India remained stable on Monday morning, as the metal continued to trade within a narrow range that has been maintained since the latter part of last week. The national rate for silver was Rs 2,350 per 10 grams on Monday, which equates to Rs 235 per gram and Rs 2,35,000 per kilogram. Read More
Aluminium prices concluded at Rs 340.35, reflecting a 0.62% increase, bolstered by escalating geopolitical tensions between the United States and Iran. This situation has tempered expectations regarding the resumption of Middle Eastern aluminium smelters and heightened apprehensions about global supply availability. Additional support emerged from a depreciating U.S. dollar following the Federal Reserve’s decision to Read More
Crude oil prices concluded the trading session down by 0.95% at Rs 8,037, as diplomatic discussions between Oman and Iran concerning the Strait of Hormuz alleviated immediate worries about supply disruptions, even amidst the persistent geopolitical tensions between the United States and Iran. Profit booking also emerged following recent gains, although the downside remained constrained Read More
On the final trading day of July, retail gold prices in India experienced a slight uptick across the 24K, 22K, and 18K categories. The mixed trend arises in the context of global market volatility, a robust US dollar, and shifting expectations regarding US Federal Reserve policy. On the MCX, gold futures declined, trading at approximately Read More
Copper prices settled 0.12% lower at Rs 1,322.8 as investors exhibited caution in anticipation of the US Federal Reserve’s policy decision. Additionally, indications of alleviating supply tightness in China contributed to the prevailing market sentiment. The Yangshan copper premium held firm at $112 per tonne, a slight decrease from the previous week’s $115, which marked Read More
Natural Gas prices concluded the session with a 0.69% increase, reaching Rs 262.8. This uptick can be attributed to short covering following recent declines, even as the market continues to face challenges from record production levels in the US, reduced LNG export flows, and ample storage capacity. Financial firm LSEG reported that average dry gas Read More
Silver prices remained stable in India on Thursday, with the national average consistent at Rs 2,350 per 10 grams, which equates to Rs 235 per gram and Rs 2,35,000 per kilogram. In comparison to Wednesday’s national rate, which remained at Rs 2,350 per 10 grams, Thursday’s price exhibited no variation, thereby continuing a period of Read More
Zinc prices declined 0.78% to settle at Rs 376.75, influenced by a stronger U.S. dollar and rising expectations of a Federal Reserve interest rate hike, which may dampen demand for industrial metals. Investor sentiment exhibited a degree of caution in anticipation of the Fed’s policy decision, although losses were somewhat mitigated by the tightening of Read More
Crude oil prices experienced a decline of 4.45%, settling at Rs 7,603, attributed to the easing of geopolitical tensions in the Middle East, which alleviated concerns regarding potential supply disruptions. Sentiment diminished following U.S. President Donald Trump’s remarks indicating that Washington was involved in constructive discussions with Iran, which had initially raised expectations for a Read More
Aluminium experienced a decline of 0.45%, settling at Rs 341.9, as the easing of geopolitical tensions in the Middle East alleviated concerns regarding potential supply disruptions following the cessation of hostilities between the United States and Iran. The prospect of shipping resuming through the Strait of Hormuz exerted downward pressure on prices, while the restart Read More
Natural gas declined 4.62% to settle at Rs 264.5, reflecting the overall downturn in global energy markets following a reduction in geopolitical tensions in the Middle East. Prices experienced downward pressure following Iran’s announcement of a cessation of retaliatory attacks in light of the suspension of US military strikes, which alleviated concerns regarding potential disruptions Read More
Gold and silver prices experienced a decline of up to 1% in early trading on the MCX on Tuesday, 28 July, reflecting the influence of subdued global indicators. Precious metals experienced profit-taking as the dollar index remained around 101.5 in anticipation of the US Federal Reserve’s monetary policy decision on 29 July. MCX gold August Read More
Zinc prices settled 0.37% higher at Rs 383.9, buoyed by constricting near-term supply conditions and a resurgence in manufacturing sentiment across key economies. China’s GDP growth has decelerated to a three-and-a-half-year low due to subdued domestic demand. However, manufacturing data from China, Europe, and the United States has shown resilience in the face of rising Read More
Crude oil prices experienced a significant decline of 4.65%, settling at Rs 8,604, as traders engaged in profit-taking following the recent rally influenced by geopolitical tensions. Despite the correction, the market exhibited significant volatility as the ongoing conflict involving the U.S., Israel, and Iran persisted, posing a threat to global energy supplies. The U.S. executed Read More
Aluminium prices concluded the trading session nearly flat, declining by 0.01% to close at Rs 346.45. This slight decrease followed a wave of profit-taking after recent increases, influenced by a robust U.S. dollar and heightened anticipations of a more stringent Federal Reserve policy. The U.S. dollar index reached a three-week peak as rising tensions in Read More
