As easing Strait of Hormuz passage restrictions restored connectivity for Gulf smelters and eased worries about regional supply disruptions, aluminium finished 2.05% down at Rs. 324.8, down Rs. 6.8. Expectations of heightened production from Indonesia and a surge in Chinese exports exerted additional pressure on prices, despite the ongoing decline in visible inventories that offered Read More
Crude oil settled 0.30% lower at Rs. 8,953, declining by Rs. 27 as markets evaluated the implications of potential additional Russian energy supplies becoming available to global buyers in light of US President Donald Trump’s decision to temporarily ease restrictions on Russian diesel exports for six months. The initiative seeks to bolster American consumers; however, Read More
Copper settled down 0.19% at Rs 1,424.45, influenced by a robust US dollar trading near its highest level since April 2025, amid rising geopolitical tensions in the Middle East and a cautious stance ahead of significant US inflation data. However, losses were constrained by apprehensions regarding potential mine supply disruptions, positive demand indicators emerging from Read More
Natural gas settled down 3.73% at Rs 302.2, influenced by profit booking after the recent rally spurred by supply disruptions in the Gulf of Mexico due to Hurricane Isaias. Producers have curtailed approximately 1.3 billion cubic feet per day, which constitutes 59% of offshore Gulf output. However, the overall effect on US supplies has been Read More
Gold and silver prices began trading positively on the Multi Commodity Exchange this Tuesday, even as the US dollar retained its strength. Investors are closely monitoring US inflation data for indications regarding the Federal Reserve’s interest-rate path. In the domestic market, MCX silver futures for December 2026 delivery rose by Rs 540, reaching Rs 2,23,420 Read More
Aluminium concluded the trading session with a 0.57% increase, reaching Rs. 335.35, an uptick of Rs. 1.9. This rise was bolstered by a reduction in inventories at Shanghai Futures Exchange warehouses, which saw a decline of 7.8% compared to the report from September 30. However, the upside remained constrained by enhancing production in the Middle Read More
Due to Hurricane Isaias’ disruption of US Gulf of Mexico production, which partially offset lessening geopolitical concerns surrounding the Middle East, crude oil finished 0.19% higher at Rs. 8,881, gaining Rs. 17. US offshore producers have curtailed substantial output, with around 1.3 million barrels per day, representing 62.9% of current production, reported as offline, as Read More
Gold and silver prices began the trading session on the Multi Commodity Exchange with a decrease on Monday, despite the backdrop of a weaker US dollar and lower oil prices. Investors are preparing for significant US inflation data this week, which could offer valuable insights into the Federal Reserve’s upcoming policy decisions. In the domestic Read More
Copper settled 0.85% lower at Rs. 1,407.45 as a stronger United States dollar and rising oil prices weighed on sentiment. However, renewed buying interest from China limited further losses. Expectations of restocking following China’s week-long holiday bolstered the market, as the Yangshan copper import premium increased by 5% from its prior assessment to $125 per Read More
Natural gas concluded the trading session with a decline of 1.32%, settling at Rs 305.8. This decrease can be attributed to elevated domestic storage levels, which have momentarily overshadowed anticipations of increased heating demand and ongoing supply constraints in international markets. However, further downside remained constrained by anticipations of heightened gas flows to liquefied natural Read More
Gold and silver prices commenced trading on the Multi-Commodity Exchange on Friday with an upward trajectory, driven by a depreciating US dollar and declining Treasury yields, which enhanced the attractiveness of bullion. Meanwhile, investors are evaluating ongoing inflationary pressures and the prospective direction of Federal Reserve interest rates. In the domestic market, MCX silver futures Read More
Aluminium concluded the session with a decline of 0.51%, settling at Rs 339.65. This downturn was influenced by diminishing worries regarding supply disruptions in the Gulf and anticipations of increased production capacity in Indonesia. Additionally, a stronger dollar and the rise in global bond yields contributed to the negative sentiment. However, the downside remained constrained Read More
Crude oil settled down 0.88% at Rs 8,552 as the market responded to the International Energy Agency’s initiatives to expedite the release of oil stocks and focus on diesel supplies. This comes in the context of record-high fuel prices and a constricting global supply situation exacerbated by the Iran war. Geopolitical risks have persisted at Read More
Gold and silver prices experienced an uptick on the Multi Commodity Exchange on Thursday, attributed to a decline in the dollar from an 18-month high. Traders are currently assessing the likelihood of an additional rate hike by the US Federal Reserve following the publication of the minutes from the central bank’s recent policy meeting. In Read More
Zinc settled 1.03% higher at Rs 417.6, buoyed by tightening supply conditions and disruptions across major producing regions. However, concerns regarding future Chinese export deliveries to the London Metal Exchange and weakness in LME copper constrained further gains. Nyrstar has initiated a strategic review of its zinc smelting operations in the Netherlands, whereas Mitsui Kinzoku Read More
Natural gas concluded the trading session with a 2.07% increase, reaching Rs 301.2. This upward movement was bolstered by a decline in US production in recent weeks, attributed to disruptions in pipeline operations and heightened flows toward LNG export facilities. Additionally, there are anticipations regarding the return of a liquefaction train at Freeport LNG in Read More
Gold and silver prices commenced the day on a downward trajectory on the Multi Commodity Exchange this Wednesday, as market participants looked forward to the release of the minutes from the US Federal Reserve’s September meeting. This anticipation is driven by a desire for insights regarding the potential for additional interest rate hikes by policymakers. Read More
Copper settled up 0.78% at Rs 1,410.5 as diminishing expectations of a US Federal Reserve rate hike overshadowed the influence of a stronger dollar. Supply concerns have bolstered the bullish sentiment following a 12.8% year-on-year decline in Chilean copper production in August, which reached 369,500 tonnes-the lowest figure recorded since February 2011. Additionally, workers at Read More
Crude oil concluded the trading session with a decline of 2.77%, settling at Rs 8,669, as indications of rising global supply overshadowed ongoing geopolitical uncertainties in the Middle East. The G7 nations have reached a consensus to release 100 million barrels of crude and diesel from their emergency reserves, all while continuing to uphold energy Read More
Gold and silver prices commenced the day on a downward trajectory on the Multi Commodity Exchange this Tuesday, influenced by a robust US dollar and increasing Treasury yields that exerted pressure on the metals. However, the extent of these losses was mitigated by diminished expectations surrounding a Federal Reserve interest rate hike in the current Read More
