Copper increased by 0.68% to close at Rs 1,168.15, as investors capitalized on the dip amid thin trading conditions. Nonetheless, the overall supply landscape continues to appear adequate. Inventories in London Metal Exchange warehouses have experienced an uninterrupted increase for 26 consecutive sessions, reaching an 11-month peak. Additionally, the total stockpiles across Shanghai, London, and Read More
Natural gas increased by 2.17% to close at Rs 282.2, buoyed by near-record levels of LNG export flows and revised forecasts indicating colder weather and heightened heating demand in the forthcoming two weeks. In February, the average flows to eight U.S. LNG export facilities reached 18.6 bcfd, nearing the record levels observed in December, thereby Read More
Gold increased by 1.33% to close at Rs 156,876, driven by escalating geopolitical tensions and new trade measures that bolstered demand for safe-haven assets. U.S. President Donald Trump has declared a 10% tariff on imports from all nations and has issued a warning to Iran to finalize a nuclear agreement within a timeframe of 10–15 Read More
Aluminium declined by 0.67% to close at Rs 306.2, influenced by apprehensions regarding decelerating global growth following the IMF’s caution that subdued domestic demand and a tenuous global environment present risks, especially for China. While China achieved its 5% growth target in 2025, ongoing deflationary pressures and a more severe property downturn than anticipated cast Read More
Crude oil experienced a notable increase of 2.45%, closing at Rs 6,058, primarily influenced by rising geopolitical tensions. Concerns heightened following the deployment of U.S. warships in proximity to Iran, as Washington indicated a potential reassessment of its diplomatic strategy regarding Tehran. Simultaneously, negotiations aimed at resolving the conflict between Ukraine and Russia concluded without Read More
The price of an ounce of silver is shown to be trading at a level that is more than $78 on Friday. Positioned to reach its initial weekly rise within a span of four weeks when it is in this position. Particularly in the context of nuclear negotiations, the continuous tensions that exist between the Read More
Copper experienced a rebound of 2.65%, closing at Rs 1,181.35. This movement was primarily influenced by short covering, as investors took the opportunity to purchase following recent weakness in a thin trading environment. Nonetheless, the increases were constrained by the accumulation of exchange inventories. Stocks in London Metal Exchange-approved warehouses increased for a 12th consecutive Read More
Natural gas declined by 2.4%, closing at Rs 268.9, influenced by near-record production levels and predictions of milder weather extending into early March. Above-average temperatures are anticipated throughout a significant portion of the U.S., which will constrain heating demand and enable utilities to maintain higher gas storage levels than what is customary for this season. Read More
Gold experienced a notable increase of 2.87%, closing at Rs 155,761, primarily influenced by dip buying as investors reevaluated the Federal Reserve’s policy perspective. Michael Barr indicated that rates should remain unchanged until inflation demonstrates a clear trajectory towards 2%. This perspective stands in contrast to Austan Goolsbee’s comments, which imply that rate cuts could Read More
Aluminium experienced a decline of 1.27%, closing at Rs 303.8, following reports suggesting that U.S. President Donald Trump might reduce specific tariffs on steel and aluminium products. The news impacted sentiment, although losses were mitigated by supply-side concerns. South32 has announced that its Mozal smelter in Mozambique will enter a phase of care and maintenance, Read More
Crude oil declined by 2.57% to close at Rs 5,642, influenced by increasing supply expectations and a reduction in geopolitical tensions. Output at Kazakhstan’s Tengiz field is experiencing a gradual recovery following a January outage, while indications of easing tensions between Iran and Russia have also influenced market sentiment. In a further indication of a Read More
Gold experienced a significant decline of 2.16%, closing at Rs 151,418, influenced by a robust U.S. dollar and a prevailing cautious sentiment in anticipation of updates regarding U.S.–Iran negotiations and new indications from the Federal Reserve. Comments from Austan Goolsbee of the Chicago Fed indicated that rates might eventually decline, although persistent services inflation continues Read More
Zinc declined by 0.76%, finishing at Rs 321.15, as it mirrored a wider market downturn, with Chinese traders withdrawing in observance of the Lunar New Year holiday. Sentiment was further dampened by increasing inventories, as stocks in Shanghai Futures Exchange warehouses surged by 23.1% week-on-week. Demand has weakened following the completion of pre-holiday restocking by Read More
Natural gas declined by 4.96%, closing at Rs 279.5, as predictions of warmer weather reduced expectations for heating demand. The National Oceanic and Atmospheric Administration indicates that a significant portion of the central and southern United States is expected to undergo above-average temperatures in the forthcoming two weeks, which will likely alleviate consumption following a Read More
Gold experienced a decline of 0.73%, closing at Rs 154,760, influenced by profit-taking and low trading volumes, as both U.S. and Chinese markets were closed. Market participants exhibited a prudent stance in anticipation of the Federal Reserve’s meeting on March 18. Chicago Fed President Austan Goolsbee suggested that rates might eventually decline, yet he recognized Read More
Copper increased by 0.27% to close at Rs 1,209.5, buoyed by positive sentiment regarding global manufacturing, the transition to green energy, and demand growth driven by artificial intelligence. The persistent supply constraints at significant mining operations have also provided support. Nevertheless, the increases were constrained by a prevailing risk-averse sentiment in international markets and subdued Read More
Crude oil experienced a modest increase of 0.65%, concluding at Rs 5,723. This uptick was bolstered by softer U.S. inflation data, which alleviated macroeconomic concerns and mitigated apprehensions regarding escalating supply levels. Sentiment continues to be influenced by geopolitical tensions, especially concerning U.S.-Iran relations, which may impact flows. Simultaneously, OPEC+ is said to be contemplating Read More
A decrease of more than one percent occurred in the price of silver, which is now very close to the $76 per ounce market. Due to the fact that the United States and China are both celebrating holidays, trading volumes continue to be quite low. It is possible that the low inflation indicators that have Read More
Aluminium prices declined by 1.96%, closing at Rs 307.7, as traders took the opportunity to secure profits in response to mixed economic indicators from the U.S., where robust non-farm payroll figures were counterbalanced by weaker jobless claims data. Nonetheless, losses were constrained by the prevailing tightening of supply conditions. South32 Ltd. has announced its intention Read More
Natural gas increased by 1.98%, concluding at Rs 294.2, primarily bolstered by near-record inflows to LNG export terminals. The increase occurred despite the fact that weather forecasts became more temperate and demand projections for the upcoming week were adjusted downward. Meteorologists anticipate that temperatures throughout the majority of the U.S. will persist at levels above Read More
