Aluminium prices experienced a decline, decreasing by 0.44% to close at Rs 340.9, influenced by increased production from China and a rise in inventories within the domestic market, which dampened market sentiment. China’s aluminium production increased by 3% year-on-year, reaching 7.53 million tonnes in the initial two months of 2026, indicative of enhanced smelter margins Read More
Natural gas prices increased by 0.68% to close at Rs 280.9, buoyed by a temporary decline in production, primarily attributed to freezing conditions impacting pipelines in North Dakota. Notwithstanding this, the overall perspective continues to be ambiguous, as projections for more temperate weather are anticipated to diminish heating requirements in the forthcoming weeks. This atypical Read More
The price of silver is currently hovering near $79 per ounce, maintaining the losses observed in the previous trading session. The financial landscape is poised for the impending policy decision and guidance from the US Federal Reserve, as market participants closely monitor the potential implications for economic stability and growth. The Federal Reserve is anticipated Read More
Copper prices declined by 0.51%, closing at Rs 1,181.35, influenced by a robust U.S. dollar and ongoing inflationary pressures that dampened market sentiment. Heightened oil prices have intensified inflationary pressures, diminishing the likelihood that the U.S. Federal Reserve will initiate interest rate cuts in the near term. Given the prevailing expectation that the Fed will Read More
Crude oil prices experienced a decline of 3.67%, settling at Rs 8,720, as market participants responded to recent developments related to the conflict in the Middle East and apprehensions regarding potential supply disruptions. The situation intensified following U.S.–Israeli strikes on Iran, leading Tehran to suspend shipping through the Strait of Hormuz, a crucial passage that Read More
On Tuesday, silver surpassed $81 per ounce, driven by a weaker dollar and declining Treasury yields. Early this week, there was a notable decrease in oil prices following the successful transit of tankers through the Strait of Hormuz. The US Treasury Secretary, Scott Bessent, indicated that Iran is permitted to transport crude oil through the Read More
Zinc prices experienced a decline, closing 0.28% lower at Rs 324.45, influenced by a robust U.S. dollar and increasing inventories in China that pressured the market. Stocks stored in facilities overseen by the Shanghai Futures Exchange increased by 9.2% since last Friday, thereby intensifying immediate price pressures. The dollar index has ascended past 100, bolstered Read More
Natural gas prices experienced a decline of 1.92%, concluding at Rs 291.9, influenced by predictions of more temperate weather and a slight reduction in demand expectations for the upcoming week. Given that temperatures are anticipated to hover around seasonal averages for the remainder of March, it is reasonable to conclude that heating demand will likely Read More
Gold prices declined, closing 1.13% lower at Rs 158,466, as investors assessed ongoing geopolitical tensions in the Middle East in relation to indications of decelerating economic growth in the United States. Despite the ongoing concerns regarding inflation fueled by elevated crude oil prices, revised data indicates that U.S. GDP growth for Q4 2025 has decelerated Read More
Zinc prices experienced a modest decline in the last session, closing 0.14% lower at Rs 325.5, influenced by a strengthening U.S. Dollar Index, which rose above 99.10 in the context of increasing uncertainty related to the ongoing conflict involving the United States, Israel, and Iran. The robust dollar and apprehensions regarding global manufacturing demand exerted Read More
Crude oil prices experienced a significant increase in the prior session, closing 9.24% higher at Rs 8,107, driven by escalating supply concerns linked to the ongoing conflict involving the United States, Israel, and Iran. The conflict has interrupted supply chains originating from the Gulf region, constraining the global oil market and bolstering prices. The U.S. Read More
Gold prices experienced a decline in the previous session, closing 0.93% lower at Rs 161,789, influenced by a strengthening U.S. Dollar Index, which remained near highs observed following the escalation of tensions between the United States and Iran earlier this month. The appreciation of the dollar diminished the attractiveness of bullion, as investors exercised caution Read More
Aluminium prices experienced a modest increase in the last session, closing 0.39% higher at Rs 337.25, bolstered by supply concerns originating from the Middle East that underpinned market sentiment. Deliveries experienced interruptions following the suspension of shipments by significant smelters in Qatar and Bahrain, leading buyers in the United States to seek alternative cargoes from Read More
Natural gas prices experienced a significant decline in the previous session, closing 4.92% lower at Rs 276.1, following Donald Trump’s assertion that the conflict involving Iran might conclude “very soon,” which alleviated some of the risk premium in energy markets. Nevertheless, uncertainty persists at high levels as Qatar, the world’s largest LNG export hub, remains Read More
Silver traded above 88 per ounce after advancing for three consecutive sessions. Demand for safe-haven assets intensified as the US-Israeli campaign against Iran reached its 12th day. The Pentagon has indicated that the current strikes represent the most intense phase of operations to date, with efforts poised to persist. Oil prices have been constrained following Read More
Copper prices experienced a modest decline in the previous session, closing 0.31% lower at Rs 1,193.45, primarily influenced by increasing inventories on the London Metal Exchange. Stocks in LME warehouses rose by 2,450 tonnes to reach 284,325 tonnes, marking the highest level since October 2024, with significant inflows observed in Singapore and New Orleans. Inventories Read More
Crude oil prices experienced a significant increase in the prior session, closing 5.08% higher at Rs 8,788, driven by heightened supply concerns stemming from disruptions in the Strait of Hormuz, an essential global oil transit route. Restrictions on tanker traffic have compelled several significant Middle Eastern producers, such as Saudi Arabia, the United Arab Emirates, Read More
Gold prices declined in the previous session, settling 0.83% lower at Rs 160,299, as escalating geopolitical tensions involving Iran pushed the U.S. Dollar Index higher and reduced expectations of near-term interest rate cuts. Comments from Beth Hammack, President of the Federal Reserve Bank of Cleveland, influenced sentiment as she indicated that inflation persists at elevated Read More
Zinc prices concluded the session on an upward trajectory, increasing by 0.79% to reach Rs 323.85. This rise was primarily driven by constrained supply dynamics and persistent apprehensions regarding mine disruptions and delays. Despite a 7.04% increase in inventories within warehouses tracked by the Shanghai Futures Exchange since last Friday, persistent concerns regarding overall supply Read More
Natural gas prices experienced a significant increase in the prior session, closing 8.04% higher at Rs 295.6, primarily fueled by apprehensions that the intensifying conflict in the Middle East may threaten essential global gas supplies. Market uncertainty has deepened regarding the timeline for the restoration of full operations at QatarEnergy’s Ras Laffan facility, recognized as Read More
