Copper experienced a notable increase, closing higher by 1.47% at Rs 1,156.6, bolstered by constricting supply dynamics and strong macroeconomic performance in the United States. The US economy experienced its most rapid growth in two years in the third quarter, propelled by robust consumer spending, exports, and industrial activity, which supports demand from sectors that Read More
Crude oil prices experienced a modest increase, closing up by 0.34% at Rs 5,272, primarily driven by rising geopolitical tensions. Markets gained momentum from ongoing US initiatives to intercept oil tankers in proximity to Venezuela, as Washington escalates its pressure on President Nicolás Maduro’s government. While Venezuelan crude constitutes a modest portion of the global Read More
Gold prices experienced a modest increase, closing up by 0.15% at Rs 1,38,097, buoyed by anticipations of additional monetary easing from the US Federal Reserve and heightened geopolitical tensions. US economic growth demonstrated resilience in the third quarter, with GDP expanding at an accelerated rate, while labor market indicators persisted in showing a gradual moderation. Read More
Aluminium prices concluded the session with a slight decline, decreasing by 0.04% to Rs 284.4, as market participants took profits following a period of supply-driven optimism. Prices had strengthened in response to South32’s announcement regarding the Mozal smelter in Mozambique, which is set to enter care and maintenance by March 2026 due to the absence Read More
Natural gas prices experienced a significant increase, closing up 8.43% at Rs 380.8, propelled by unprecedented feedgas flows to U.S. LNG export terminals and heightened expectations for near-term demand. Gas flows to the eight major LNG export plants have increased to 18.5 bcfd this month, surpassing November’s previous record of 18.2 bcfd. Daily LNG feedgas Read More
Gold prices experienced an upward movement, concluding with a gain of 0.83% at Rs 137,885 after reaching a new all-time high, bolstered by anticipations of a more accommodative US monetary policy and increased geopolitical tensions. Market confidence has bolstered regarding the Federal Reserve’s potential implementation of two 25-basis-point rate cuts in the upcoming year, as Read More
Crude oil prices experienced an increase of 2.31%, closing at Rs 5,223. This uptick was influenced by escalating geopolitical risks, particularly following the U.S. interception of an oil tanker near Venezuela and the persistent tensions in the Russia–Ukraine conflict, which have reignited fears regarding possible supply disruptions. Despite these developments, the broader market continues to Read More
Zinc prices experienced a slight increase of 0.45%, closing at Rs 302.75. This uptick is attributed to emerging supply-side constraints, particularly following the announcement of a routine maintenance shutdown at a zinc mine in Central China, which has led to a reduction in available production days. Further backing was provided by anticipations of reduced zinc Read More
Gold prices experienced a significant increase, rising by 1.9% to finish at Rs 136,744, following a peak at a record high. This movement was largely influenced by escalating geopolitical tensions and anticipations regarding future Federal Reserve rate reductions. The rally has been bolstered by persistent investment demand, as evidenced by gold-backed ETFs experiencing five consecutive Read More
Copper prices experienced a modest increase, closing up 0.28% at Rs 1,114.85, bolstered by robust production data from China and ongoing apprehensions regarding potential supply constraints in the future. In November, China’s refined copper production experienced a significant increase, rising by 11.9% compared to the same month last year, reaching 1.24 million tons. This figure Read More
Natural gas prices experienced a slight increase, closing up 0.20% at Rs 356.9, as the market navigated the tension between near-record production levels and predictions of milder weather coupled with reduced demand in the upcoming weeks. In December, average output in the Lower 48 states held steady at a record 109.6 bcfd, aligning with the Read More
Silver’s price has seen a significant boost, climbing by more than three percent to reach a level that is higher than $69 per ounce. In the coming year, market players are forecasting that the Federal Reserve will reduce interest rates by two additional percentage points throughout that time period. There has been an increase in Read More
Zinc prices experienced a decrease of 0.59%, concluding at Rs 302.45. This decline was primarily driven by an unexpected increase in supply from China, coupled with renewed apprehensions regarding domestic demand. In November, China’s zinc production experienced a year-on-year increase of 13.3%, reaching 654,000 metric tons, highlighting a significant near-term supply surplus. Weak Chinese macro Read More
Crude oil prices experienced a modest increase of 0.22%, closing at Rs 5,114, primarily driven by escalating geopolitical tensions and renewed apprehensions regarding possible supply disruptions. Sentiment improved following the United States’ decision to implement a complete halt on maritime traffic associated with sanctioned oil tankers connected to Venezuela, in response to the confiscation of Read More
Gold prices experienced a slight decline, closing down by 0.28 per cent at Rs 134,521, as traders took profits following the recent rally, even in the context of a generally favorable macroeconomic and geopolitical environment. The yellow metal maintains its foundational support due to anticipations of additional U.S. monetary easing and ongoing global uncertainties. Federal Read More
Copper prices maintained their upward trajectory, closing up by 0.67 percent at Rs 1,113.35, fueled by ongoing worries regarding potential supply shortages that have spurred speculative buying activity. LME copper has experienced a rally of approximately 33 percent this year, achieving consecutive record highs in recent weeks. This surge is driven by expectations that mine Read More
Natural gas prices increased, closing up by 1.94 percent at Rs 362.9, bolstered by near-record gas flows to LNG export facilities and anticipations of demand exceeding earlier forecasts. Robust export activity persists in supporting prices, despite the fact that domestic production levels remain high. Average gas output in the Lower 48 states has decreased slightly Read More
Gold prices increased by 0.36 percent to close at Rs 134,894, as investors continued to consider the likelihood of further monetary easing by the US Federal Reserve in the coming year. Recent US labour market data indicated a continued cooling trend, as the unemployment rate unexpectedly increased to 4.6 percent in November, while wage growth Read More
Zinc prices experienced a notable decline, closing down 1.86% at Rs 302.95, as market sentiment soured in response to a rise in exchange inventories and a cautious approach ahead of significant US economic data releases. LME zinc stocks surged by 31,075 metric tons, representing a significant 48% increase, which brings total inventories to 95,550 tons Read More
Crude oil prices experienced a significant decline, closing down 1.38% at Rs 5,071, as markets contended with increasing indications of oversupply and escalating concerns regarding a global oil glut. Rising output from OPEC+ alongside robust production increases from non-OPEC producers, especially in the Americas, has persistently exerted downward pressure on prices, as Brent crude approaches Read More
