Gold fell below the $1,900 per ounce level on Wednesday as a resurgent dollar prompted investors to reassess their positions after a record-breaking price rally. Spot gold declined as much as 2% to a near three-week low of $1,872.19, resuming its free fall after a brief hiatus in early trade. It was down 1.1% to Read More
After gaining for eight successive days, gold prices declined by Rs 611 to Rs 55,515 per 10 gram in the Mumbai market on the back of an appreciating rupee versus the dollar. Prices came under pressure after positive economic data from the US and China, but escalating tensions between the US and China capped the downside. Read More
Natural gas futures rose Rs 169.3 per mmBtu on August 10 as participants increased their long positions. Prices gained a whopping 24 percent last week on the NYMEX, testing the highest level since December 2019. The commodity was supported by the forecast of hot weather in some parts of the US and expectations of higher Read More
Copper prices on Monday rose by 0.64 percent to Rs 505.25 per kg in futures trade on pick-up in spot demand. On the Multi Commodity Exchange, copper contracts for August delivery traded higher by Rs 3.20, or 0.64 percent, at Rs 505.25 per kg in a business turnover of 3,989 lots. Analysts attributed the rise Read More
