Zinc prices increased by 0.72% to close at Rs 330.85, buoyed by positive industrial indicators and short-term supply constraints. China’s factory activity returning to expansion in March contributed to an uplift in demand expectations, while the decline in inventories at the Shanghai Futures Exchange and persistent mine disruptions provided additional support to prices. Nonetheless, gains Read More
Crude oil experienced a modest increase of 0.81%, closing at Rs 8,933, as renewed Israeli strikes on Lebanon raised new concerns regarding the tenuous ceasefire in the Middle East. Market sentiment continued to exhibit tension, as the Strait of Hormuz remains predominantly restricted, accompanied by reports indicating disruptions in tanker traffic. Given that the strait Read More
Silver is currently trading at a price that is higher than $75 per ounce, maintaining the rising trend that it has been experiencing over the past week. The dollar’s depreciation and the falling price of oil have both contributed to the improvements. As a result of the recent ceasefire between the United States and Iran, Read More
Aluminium prices experienced a modest decline of 0.25%, concluding at Rs 354.85, influenced by increasing inventories in China that dampened market sentiment. Stocks in Shanghai Futures Exchange warehouses have been on a consistent upward trajectory, approaching levels not seen in nearly six years. This trend indicates a decline in demand and a more measured approach Read More
Natural gas prices experienced a significant decline of 5.74%, concluding at Rs 254.3, reflecting the overall downturn in energy markets following a temporary ceasefire between the U.S. and Iran, which alleviated supply apprehensions. The agreement, which encompasses the reopening of the Strait of Hormuz, has alleviated concerns regarding potential disruptions, thereby exerting downward pressure on Read More
Gold prices increased by 0.99% to close at Rs 1,51,776, as markets recalibrated their views on geopolitical risks following U.S. President Donald Trump’s indication of a temporary de-escalation by consenting to a two-week pause in military action against Iran. The action alleviated short-term pressures and created opportunities for dialogue, thereby bolstering bullion. Simultaneously, apprehensions regarding Read More
Copper prices experienced a decline of 0.17%, concluding at Rs 1,159.55, reflecting a cautious market sentiment influenced by persistent geopolitical tensions and macroeconomic uncertainty. Market participants are attentively monitoring the situation following U.S. President Donald Trump’s ultimatum regarding Iran, as the absence of a definitive timeline for resolution has heightened apprehensions about global economic growth. Read More
Crude oil prices experienced an increase of 0.77%, concluding at Rs 10,669. This rise was bolstered by intensifying geopolitical tensions, particularly as U.S. President Donald Trump established a deadline for Iran to reopen the Strait of Hormuz, warning of possible military actions should they fail to comply. Supply concerns have escalated as interruptions in Middle Read More
There has been a rise of more than 4% in the price of silver, which has now surpassed $76 per ounce. As tensions in the Middle East begin to show indications of easing, the situation reaches its highest point in three weeks. The recent ceasefire between the United States and Iran, which lasted about two Read More
Zinc increased by 0.39% to close at Rs 324.45, buoyed by a resurgence in industrial activity in China and indications of temporary supply constraints. China’s manufacturing PMI increased to 50.4 in March, indicating a return to expansion and enhancing demand sentiment for base metals. Simultaneously, inventories at the Shanghai Futures Exchange experienced a 1% decrease Read More
Natural gas increased by 0.68% to close at Rs 265.8, buoyed by anticipations of heightened demand and continued robust flows to LNG export terminals. The most recent EIA data revealed a 36 Bcf injection for the week ending March 27, which stands in stark contrast to the five-year average withdrawal of 4 Bcf, suggesting a Read More
Gold increased by 0.2% to close at Rs 149,981, buoyed by a weaker dollar and a sense of cautious optimism regarding a possible ceasefire in the ongoing U.S.-Israel–Iran conflict. Nonetheless, uncertainty continues to be high following recent alerts from U.S. President Donald Trump concerning the Strait of Hormuz, an essential oil transportation corridor. Concerns regarding Read More
Aluminium prices experienced an upward movement, increasing by 1.44% to close at Rs 355.65, driven by heightened supply concerns in the wake of Iranian strikes on significant producers in the Middle East. Damage to facilities operated by Emirates Global Aluminium and Aluminium Bahrain has led to disruptions in output, while partial shutdowns have exacerbated supply Read More
Crude oil prices declined by 3.28% to Rs 9,253, as sentiment was influenced by optimism regarding a potential de-escalation in the Middle East. Donald Trump indicated that U.S. forces might exit Iran in a matter of weeks, fostering optimism that the conflict could be resolved swiftly. Nevertheless, the circumstances continue to be ambiguous, as ongoing Read More
The price of silver is continuing to fall, and it is getting closer and closer to $72 per ounce, which contributes to the continuation of its recent negative trend. Since the beginning of the conflict in Iran, there has been a fall in prices that is greater than twenty percent. The United States of America Read More
Zinc prices experienced an uptick, increasing by 1.86% to close at Rs 325.4, buoyed by a more favorable outlook as investors speculate on a potential reduction in geopolitical tensions in the Middle East. Robust economic indicators from China contributed to the upward momentum, as the manufacturing PMI increased to 50.4, indicating a shift back to Read More
Natural gas prices experienced a significant decline of 3.24%, closing at Rs 265.4, influenced by a reduction in geopolitical tensions that affected market sentiment. Donald Trump indicated that the United States might withdraw from the Iran conflict in the coming weeks, leading to heightened anticipation that disturbances in the Strait of Hormuz could progressively diminish. Read More
Gold prices experienced a notable rebound, increasing by 1.95% to close at Rs 153,708. This rise was bolstered by a depreciating dollar and a reduction in geopolitical tensions following Donald Trump’s suggestion that the conflict with Iran might de-escalate in the coming weeks. Nonetheless, in light of this optimism, persistent high energy prices maintain inflationary Read More
Aluminium prices experienced a minor decline, decreasing by 0.04% to close at Rs 350.6, as profit-taking occurred following the recent surge attributed to supply apprehensions. The market previously experienced a surge due to concerns over potential disruptions stemming from Iranian airstrikes on significant Middle Eastern producers, thereby heightening the risk of an extended supply shock. Read More
Crude oil prices declined by 2.43%, closing at Rs 9,567, as increasing optimism regarding a possible de-escalation in the Middle East impacted market sentiment. Reports indicate that Donald Trump might contemplate terminating U.S. military operations, even in the event that the Strait of Hormuz remains obstructed, with the intention of circumventing an extended conflict. Simultaneously, Read More
