Gold prices experienced a significant increase, rising by 1.9% to finish at Rs 136,744, following a peak at a record high. This movement was largely influenced by escalating geopolitical tensions and anticipations regarding future Federal Reserve rate reductions. The rally has been bolstered by persistent investment demand, as evidenced by gold-backed ETFs experiencing five consecutive Read More
Copper prices experienced a modest increase, closing up 0.28% at Rs 1,114.85, bolstered by robust production data from China and ongoing apprehensions regarding potential supply constraints in the future. In November, China’s refined copper production experienced a significant increase, rising by 11.9% compared to the same month last year, reaching 1.24 million tons. This figure Read More
Natural gas prices experienced a slight increase, closing up 0.20% at Rs 356.9, as the market navigated the tension between near-record production levels and predictions of milder weather coupled with reduced demand in the upcoming weeks. In December, average output in the Lower 48 states held steady at a record 109.6 bcfd, aligning with the Read More
Silver’s price has seen a significant boost, climbing by more than three percent to reach a level that is higher than $69 per ounce. In the coming year, market players are forecasting that the Federal Reserve will reduce interest rates by two additional percentage points throughout that time period. There has been an increase in Read More
Zinc prices experienced a decrease of 0.59%, concluding at Rs 302.45. This decline was primarily driven by an unexpected increase in supply from China, coupled with renewed apprehensions regarding domestic demand. In November, China’s zinc production experienced a year-on-year increase of 13.3%, reaching 654,000 metric tons, highlighting a significant near-term supply surplus. Weak Chinese macro Read More
Crude oil prices experienced a modest increase of 0.22%, closing at Rs 5,114, primarily driven by escalating geopolitical tensions and renewed apprehensions regarding possible supply disruptions. Sentiment improved following the United States’ decision to implement a complete halt on maritime traffic associated with sanctioned oil tankers connected to Venezuela, in response to the confiscation of Read More
Gold prices experienced a slight decline, closing down by 0.28 per cent at Rs 134,521, as traders took profits following the recent rally, even in the context of a generally favorable macroeconomic and geopolitical environment. The yellow metal maintains its foundational support due to anticipations of additional U.S. monetary easing and ongoing global uncertainties. Federal Read More
Copper prices maintained their upward trajectory, closing up by 0.67 percent at Rs 1,113.35, fueled by ongoing worries regarding potential supply shortages that have spurred speculative buying activity. LME copper has experienced a rally of approximately 33 percent this year, achieving consecutive record highs in recent weeks. This surge is driven by expectations that mine Read More
Natural gas prices increased, closing up by 1.94 percent at Rs 362.9, bolstered by near-record gas flows to LNG export facilities and anticipations of demand exceeding earlier forecasts. Robust export activity persists in supporting prices, despite the fact that domestic production levels remain high. Average gas output in the Lower 48 states has decreased slightly Read More
Gold prices increased by 0.36 percent to close at Rs 134,894, as investors continued to consider the likelihood of further monetary easing by the US Federal Reserve in the coming year. Recent US labour market data indicated a continued cooling trend, as the unemployment rate unexpectedly increased to 4.6 percent in November, while wage growth Read More
Zinc prices experienced a notable decline, closing down 1.86% at Rs 302.95, as market sentiment soured in response to a rise in exchange inventories and a cautious approach ahead of significant US economic data releases. LME zinc stocks surged by 31,075 metric tons, representing a significant 48% increase, which brings total inventories to 95,550 tons Read More
Crude oil prices experienced a significant decline, closing down 1.38% at Rs 5,071, as markets contended with increasing indications of oversupply and escalating concerns regarding a global oil glut. Rising output from OPEC+ alongside robust production increases from non-OPEC producers, especially in the Americas, has persistently exerted downward pressure on prices, as Brent crude approaches Read More
Silver prices have surged to unprecedented levels, with the metal approaching $66 internationally while MCX silver has climbed to a record high of 205,934. The rally reflects growing investor interest in alternative assets amid mixed U.S. economic signals, particularly uneven labor market data. Uncertainty around growth and policy has encouraged diversification away from traditional assets, Read More
Copper prices increased by 1.18% to close at Rs 1,109.7, buoyed by positive sentiment regarding China’s dedication to an active fiscal policy in the coming year and the U.S. Federal Reserve’s recent interest rate reduction and expansion of its balance sheet. China’s official Xinhua news agency has indicated that policymakers are set to sustain fiscal Read More
Natural gas prices experienced a decline of 1.75%, settling at Rs 369.9, as market participants continued to incorporate milder weather forecasts, reduced near-term demand expectations, and near-record supply levels into their assessments. Weather models suggest that warmer-than-normal conditions will prevail in key consuming regions until December 26, which is likely to lead to a notable Read More
Gold prices concluded the trading session with an increase of 0.38%, reaching Rs 134,130, bolstered by rising anticipations of additional monetary easing from the U.S. and ongoing demand from the official sector. Recent indicators of a slowdown in the U.S. labor market have bolstered market expectations that the Federal Reserve may implement two rate reductions Read More
Aluminium prices concluded the session with a slight decline of 0.64% at Rs 278.9, reflecting the overall weakness in the broader base metals market as investors processed recent remarks from the Federal Reserve and reevaluated the interest rate projections for 2026. Despite the decline, the downside remained constrained, bolstered by enhancing demand prospects and ongoing Read More
Crude oil prices experienced an increase of 0.95%, closing at Rs 5,228. This uptick was influenced by geopolitical tensions following the US’s seizure of a tanker associated with Venezuela, which has heightened concerns regarding possible supply disruptions. Venezuela characterized the action as an instance of piracy, with tensions escalating further due to Ukraine’s ongoing assaults Read More
At historically elevated levels, the silver market is currently undergoing a phase of consolidation after an exceptional rally earlier this year. Prices have already advanced by more than 100% year-to-date, prompting a natural pause as participants reassess valuations. While momentum remains strong, periods of stabilization are typical after such sharp gains, particularly when concerns about Read More
Copper futures experienced a rally of 2.42%, reaching Rs 1111.85. This movement was bolstered by the U.S. Federal Reserve’s decision to implement a quarter-point rate cut, alongside persistent outflows of copper directed towards U.S. warehouses, which heightened apprehensions regarding supply constraints in other regions. The depreciation of the dollar following the Federal Reserve’s decision contributed Read More
