Copper settled 1.91% lower at Rs. 1,365.40, as a decline in risk appetite, driven by renewed concerns over artificial intelligence spending and uncertainty surrounding tensions in the Middle East, exerted downward pressure on industrial metals. Sentiment was further influenced by China’s decision to increase the foreign exchange reserve requirement ratio for financial institutions by 2 Read More
Crude oil settled 0.35% higher at Rs. 9,104, buoyed by escalating geopolitical tensions following the United States’ strike on Iran’s Qeshm Island. An Iranian official’s remarks suggested that a resolution to the conflict was still far off, heightening concerns regarding potential disruptions to global energy supplies. Supply-side concerns were further underscored by the decline in Read More
Gold and silver prices commenced the day on a lower note on the Multi Commodity Exchange this Wednesday, as the decline in oil prices contributed to a reduction in inflationary pressures. Investors closely monitored the imminent festive season and Dhanteras for indications of demand. In the domestic market, MCX silver futures for December 2026 delivery Read More
Aluminium concluded the trading session with a 0.45% increase, reaching Rs. 331.30 per kg. This rise was bolstered by a reduction in inventories within warehouses monitored by the Shanghai Futures Exchange, which saw a decline of 10.3% from the previous Friday, totalling 212,858 tonnes. However, gains remained constrained by enduring concerns regarding a potential global Read More
Natural gas settled 1.59% lower at Rs. 272.70 per mmBtu, as persistently mild weather forecasts and recovering domestic production exerted downward pressure on prices, overshadowing the support provided by robust LNG exports and decreasing storage inventories. Meteorologists anticipate that temperatures throughout a significant portion of the US will stay above the seasonal average during the Read More
Gold and silver prices commenced the day on a lower note on the Multi Commodity Exchange this Tuesday, influenced by a rebound in oil prices triggered by a recent US military action against Iran, which has heightened inflation concerns. Meanwhile, investors are closely monitoring the developments surrounding the US midterm elections scheduled for later today. Read More
Aluminium prices increased by 0.11% to close at Rs 329.80, bolstered by a significant drop in warehouse inventories on the Shanghai Futures Exchange, which decreased by 10.3% from the prior week to 212,858 tonnes. However, gains remained constrained due to a robust US dollar and apprehensions regarding a possible global supply surplus in 2027. Supply Read More
Natural Gas prices experienced a decline of 1.67%, settling at Rs 277.10. This decrease was influenced by a larger-than-anticipated build in US storage and predictions of milder weather, which are expected to restrain heating demand as winter approaches. Meteorologists anticipate that temperatures throughout the majority of the United States will stay elevated above the seasonal Read More
Gold and silver prices commenced the trading session on the Multi Commodity Exchange with an upward trajectory on Monday, coinciding with the Diwali festivities. This movement occurs amidst ongoing inflationary pressures, which have bolstered anticipations regarding a potential interest rate increase by the US Federal Reserve later this year, thereby diminishing the attractiveness of the Read More
Zinc settled 1.86% lower at Rs. 409.45 as expectations of recovering Chinese mine production and improved concentrate availability raised prospects of easing supply tightness. However, the downside remained constrained by apprehensions regarding mine supply disruptions and shortages in Western markets. Near-term tightness was evident in the LME cash zinc premium over the three-month contract, which Read More
Crude Oil settled 0.91% lower at Rs. 9,709 as hopes of renewed diplomatic engagement between the US and Iran alleviated concerns regarding potential supply disruptions in the Middle East. US Vise President JD Vance reportedly sought to revive peace negotiations with Tehran, while Iran indicated its willingness to continue diplomatic efforts, raising hopes of a Read More
Aluminium concluded the trading session with a decline of 0.56%, settling at Rs 330.3. This downturn was influenced by reports detailing the aggressive overseas expansion strategies of Chinese producers, alongside apprehensions regarding a possible global surplus anticipated in 2027. However, losses were constrained by diminishing exchange inventories and ongoing supply uncertainty. Inventories at the London Read More
Crude Oil settled up 3.16% at Rs 9,798, buoyed by renewed supply concerns following reports of a missile attack on Saudi Arabia’s largest oil refinery, which possesses a processing capacity of 550,000 barrels per day. Yemen’s Iran-aligned Houthis have asserted their responsibility for the strike, heightening apprehensions regarding the intensification of tensions in the Middle Read More
Copper settled higher by 0.88% at Rs 1,405.35, buoyed by enhancing sentiment surrounding artificial intelligence stocks and robust demand from China, although a stronger currency limited the extent of gains. China’s Yangshan copper import premium has reached a significant level, climbing to almost a 13-year high of $188 per tonne. This surge underscores robust demand Read More
Crude Oil settled lower by 2.31% at Rs 9,498, influenced by renewed diplomatic efforts aimed at resolving the US-Iran conflict, which have heightened expectations for a reduction in geopolitical tensions and an enhancement of energy supply conditions. Iran’s Supreme Leader Mojtaba Khamenei has urged for a resolution to the ongoing state of neither war nor Read More
Gold and silver have experienced one of their most tumultuous beginnings to a year in recent history. Gold experienced a significant increase in January, reaching unprecedented levels of Rs 1.75 lakh per 10 grams, followed by a notable decline. Silver, a notable performer of 2025, surged 71% in the initial two months of 2026, reaching Read More
Zinc settled 3.03% higher at Rs. 412.65, gaining Rs. 12.15, as falling inventories, elevated power prices and supply concerns supported market sentiment. The global refined zinc market shifted to a deficit of 3,900 tonnes in August from a surplus of 27,500 tonnes in July, according to the International Lead and Zinc Study Group. Shanghai Futures Read More
Natural Gas settled 0.24% lower at Rs. 292 as warmer weather forecasts across most of the northern two-thirds of the United States dampened expectations for near-term heating demand. Prices encountered downward pressure due to a rebound in production, with output in the Lower 48 states averaging approximately 113.3 billion cubic feet per day in the Read More
Gold and silver prices experienced a decline on the Multi Commodity Exchange on Tuesday, influenced by a stronger US dollar that exerted pressure on bullion. Investors are closely monitoring the upcoming Federal Reserve policy meeting this week for indications regarding the future trajectory of interest rates. In the domestic market, MCX silver futures for December Read More
Aluminium concluded the trading session with a 1.44% increase, reaching Rs. 326.45. This uptick was bolstered by a decrease in global primary production and a reduction in inventories within warehouses monitored by the Shanghai Futures Exchange. Global primary aluminium production experienced a year-on-year decrease of 1.4%, totalling 6.014 million tonnes in September. Concurrently, inventories in Read More
