Silver prices fell around 1.2 percent to Rs 66,625 per kg on March 2 as participants trimmed their positions as seen by the open interest. The precious metal had gained 0.9 percent yesterday on the COMEX. The white metal traded in the negative territory after a gap-down start in the afternoon session tracking weakness in Read More

Oil prices rebounded more than $1 on Monday after the US House of Representatives passed a huge stimulus package, although a drop in China’s February factory activity growth capped gains. Brent crude futures for May rose $1.07, or 1.7 percent, to $65.49 per barrel by 0410 GMT. The April contract expired on Friday. US West Read More

Silver prices traded slightly higher at Rs 69,448 per kg on February 24 as participants trimmed positions as seen by the open interest. The precious metal had declined 1.4 percent on February 23 on the COMEX. The white metal traded in the positive territory after a gap-up open in the afternoon session tracking dollar weakness. Read More

Crude oil futures fell 1.77 percent to Rs 4,332 per barrel on February 19 on profit booking despite a sharp drawdown in US crude inventories. The US Energy Information Administration (EIA) reported that US crude oil inventories fell by 7.3 million barrels for the week ended February 12 as compared to market expectation of 2.4 Read More

Natural gas futures were trading at Rs 236.20 per mmBtu on February 17 after hitting a fresh intraday high for February series of Rs 239.80 on the MCX. Natural gas price had risen 3 percent yesterday on the NYMEX. Natural gas erased gain after a gap up open in the afternoon session. As per Refinitiv Eikon Read More

India Gold MCX April Futures are trading in the green on February 16 following positive trend seen in the international spot prices. Silver March Futures were trading higher by nearly 1 percent. On the Multi-Commodity Exchange (MCX), April gold contracts were trading higher by 0.37 percent at Rs 47,418 for 10 grams at 0920 hours. March silver Read More

Oil prices rose to their highest in more than a year on Monday, after a Saudi-led coalition fighting in Yemen said it intercepted an explosive-laden drone fired by the Iran-aligned Houthi group, raising fears of fresh Middle East tensions. Hopes for more U.S. stimulus and an easing of coronavirus lockdowns helped support the rally, after Read More

Natural gas futures eased to Rs 207.60 per mmBtu on February 12 as participants built up short positions as seen by the open interest. Natural gas price had fallen 1.5 percent on February 11 on the NYMEX. Natural gas extended losses after a gap-down open in the afternoon session, tracking weak global cues. Kotak Securities Read More

Silver prices were steady at Rs 68,974 a kg on February 10 as participants increased their long positions as seen by the open interest. The precious metal had declined 1.2 percent the previous day on the COMEX. The white metal pared earlier losses after a gap down to trade flat to positive in the afternoon Read More

Silver prices rose to Rs 70,518 per kg on February 9 as participants increased their long positions as seen by the open interest. The precious metal had gained 2.1 percent on February 8 on the COMEX. The white metal traded in the green after a gap up open, tracking gains in gold and weaker dollar. Read More

Oil prices rose on Monday to their highest in just over a year, with Brent futures nudging past $60 a barrel, boosted by supply cuts among key producers and hopes for further U.S. economic stimulus measures to boost demand. Brent crude for April touched an intraday high of $60.06 a barrel, the highest since January Read More

Natural gas futures climbed to Rs 221.80 per mmBtu on February 5 after hitting a fresh high of Rs 223.20 for the February series during intraday trade on the MCX. The price had gained 5.2 percent the previous day on NYMEX. Natural gas extended gain after a gap up open in the afternoon session, tracking Read More

Silver prices edged higher to Rs 68,096 per kg on February 3 as participants widened their positions. The precious metal had a sharp fall of 10.3 percent yesterday on the COMEX. The attempted short squeeze by small retail traders on silver has at least temporarily failed and one of the reasons contributing to the pullback Read More

Silver prices tanked to Rs 70,790 per kg on February 2 as participants trimmed their positions as seen by the open interest. The precious metal had gained 9.3 percent on February 1 to touch $30.35/oz, the highest level since 2013 on the COMEX. The white metal prices rallied 19 percent since January 27 largely on Read More

Silver prices soared to Rs 73,645 per kg on February 1 as participants increased their long positions as seen by the open interest. The precious metal had gained 4.6 percent last week on the MCX. The white metal prices started with a gap up trade on February 1 in Asian trade, up by over 4.5 Read More

old prices were steady on Friday as investors waited for developments around a U.S. stimulus package, although the metal was on course to post a weekly and monthly decline hurt by a stronger dollar. FUNDAMENTALS * Spot gold was unchanged at $1,840.91 per ounce by 0058 GMT. Prices were down 0.6% for the week and Read More

India Gold MCX February futures traded flat on Wednesday with a negative bias tracking muted trend seen in the international spot prices. On the Multi-Commodity Exchange (MCX), February gold contracts were trading lower by 0.58 percent at Rs 48,856 for 10 grams at 0920 hours. March silver was trading 0.57 percent lower at Rs 66,156 Read More

Gold prices gained on Monday as the dollar eased and hopes that a massive economic stimulus in the world’s largest economy would be passed remained intact. Spot gold rose 0.1% to $1,854.95 per ounce by 0329 GMT, recovering from a 0.9% decline in the previous session. U.S. gold futures eased 0.1% to $1,854.30. President Joe Read More

Gold prices gained on Monday as the dollar eased and hopes that a massive economic stimulus in the world’s largest economy would be passed remained intact. Spot gold rose 0.1% to $1,854.95 per ounce by 0329 GMT, recovering from a 0.9% decline in the previous session. U.S. gold futures eased 0.1% to $1,854.30. President Joe Read More

Gold inched lower on Friday as U.S. Treasury yields ticked up, though bets of a large U.S. stimulus kept the metal on course for its best week in five. Spot gold fell 0.3% to $1,863.56 per ounce by 0233 GMT, retreating from its highest since Jan. 8 hit on Thursday. For the week, it was Read More