Silver stabilized above 73 per ounce on Friday. On track for a third consecutive weekly decline. The surge in energy prices has heightened concerns regarding inflation. The Federal Reserve indicated that there will be no reductions in interest rates until inflation shows signs of abating. The markets are currently anticipating two rate hikes from both Read More
Copper prices experienced significant downward pressure, declining by 2% to close at Rs 1153, influenced by increasing inventories and overarching macroeconomic concerns that dampened market sentiment. Stocks in LME warehouses increased to 334,100 tons, marking the highest level since August 2019, indicative of a robust near-term supply situation. The widening discount between the cash contract Read More
Crude oil prices exhibited an upward trajectory, concluding with an increase of 1.43% at Rs 8998, driven by escalating geopolitical tensions in the Middle East. Recent threats from Iran’s Revolutionary Guards aimed at energy infrastructure in Saudi Arabia, the UAE, and Qatar have heightened apprehensions regarding potential supply disruptions. The uncertainty is compounded by attacks Read More
Gold prices experienced significant downward pressure, falling 1.9% to close at Rs 1,53,025, as robust U.S. producer inflation data bolstered expectations for a continued hawkish approach from the Federal Reserve. A 0.7% increase in wholesale prices has driven Treasury yields closer to 4.2%, bolstering the dollar and raising the opportunity cost associated with holding non-yielding Read More
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
