Aluminium prices experienced a decrease of 0.49%, concluding at Rs 356.9, as the alleviation of geopolitical tensions diminished worries regarding potential supply disruptions from the Middle East. Market sentiment deteriorated following the signing of an interim peace agreement between the United States and Iran, which seeks to conclude hostilities and facilitate the reopening of the Read More
Crude oil prices experienced a decline of 1.45%, settling at Rs 7,054, which represents the lowest closing level since early March. This downturn in market sentiment can be attributed to reports of a breakthrough agreement between the United States and Iran, intended to resolve the extended conflict that has significantly impacted global energy supplies. The Read More
Gold and silver prices commenced trading on the Multi Commodity Exchange with a notable decline on Friday, driven by a robust U.S. dollar and assertive communication from the Federal Reserve, which overshadowed a significant weekly decrease in oil prices linked to the US-Iran interim resolution. In the domestic market, MCX silver futures for July 2026 Read More
Copper prices declined by 0.23% to close at Rs 1,337.6, as investors weighed the reduction in geopolitical tensions in the Middle East against apprehensions regarding deteriorating economic indicators from China. Market sentiment showed signs of improvement following reports indicating that the United States and Iran have reached a preliminary agreement intended to resolve the conflict Read More
Natural gas prices increased by 3.06% to close at Rs 306.6, driven mainly by enhanced LNG export activity and anticipations of heightened demand due to weather conditions. Market sentiment exhibited an uptick as flows to U.S. LNG export terminals rose by 13.2% week-on-week, achieving a six-week peak of 19.3 billion cubic feet per day. Additionally, Read More
Gold and silver prices in India experienced a significant decline on the Multi Commodity Exchange on Thursday, driven by substantial selling pressure. This downturn followed overnight losses in global bullion prices, attributed to indications from the US Federal Reserve regarding a potential interest rate hike later this year. However, the signing of the interim US-Iran Read More
Zinc prices declined by 1% to settle at Rs 366.2, reflecting market sentiment influenced by concerns over weakening demand in China. Recent economic indicators from China revealed a 0.6% contraction in retail sales for May, representing the first decline in over three years. Additionally, fixed-asset investment decreased by 4.1% in the initial five months of Read More
Crude oil prices experienced a significant decline of 5.82%, settling at Rs 7,175, as market participants responded to the enhanced outlook for the restoration of oil supplies via the Strait of Hormuz, alongside ongoing uncertainty regarding the preliminary agreement intended to resolve the U.S.-Iran conflict. Investor sentiment deteriorated following U.S. President Donald Trump’s announcement of Read More
Gold and silver prices commenced the day with a slight decline on the Multi Commodity Exchange on Wednesday, even as optimism surrounding a potential U.S.-Iran peace agreement has tempered expectations for additional U.S. interest rate increases. Investors are keenly anticipating further information regarding the proposed deal as well as the results of the Federal Reserve’s Read More
Aluminium prices experienced significant selling pressure, closing 4.92% lower at Rs 356.8. The easing of geopolitical tensions in the Middle East has alleviated concerns regarding supply disruptions and enhanced export prospects from key Gulf producers. Market sentiment showed signs of deterioration following the announcement from U.S. and Iranian officials regarding a framework agreement aimed at Read More
Natural gas prices concluded the session with a slight increase, rising 0.27% to settle at Rs 297.5, bolstered by enhanced demand forecasts and indications of more robust seasonal usage. Market sentiment remained positive as forecasts indicated above-normal temperatures across a significant portion of the United States through late June, which is expected to elevate cooling Read More
Silver prices in India declined on Tuesday, retracing some of Monday’s gains as the precious metals market took a breather after two consecutive days of increases. The national rate remains at Rs 265 per gram — or Rs 2,650 per 10 grams and Rs 2,65,000 per kilogram — unchanged from Monday’s Rs 2,650 per 10 Read More
Copper prices closed 0.78% higher at Rs 1,335.35, buoyed by a shift in risk sentiment following growing optimism about a possible peace agreement between the United States and Iran. Easing geopolitical tensions contributed to alleviating worries regarding global economic growth and the demand for industrial metals. Additional support emerged from persistent speculation regarding potential U.S. Read More
Crude oil prices experienced a notable decline of 3.25%, settling at Rs 8,073. This drop can be attributed to the easing of geopolitical tensions, which has alleviated concerns regarding potential supply disruptions in the Middle East. Market sentiment showed signs of deterioration following the announcement from U.S. President Donald Trump regarding the cancellation of military Read More
Gold and silver prices maintained their upward momentum for the third straight session on Monday, starting notably higher on the Multi Commodity Exchange after the announcement of a preliminary agreement between U.S. and Iranian officials aimed at resolving their conflict. In the domestic market, silver futures for July 2026 delivery increased by Rs 7,200 (2%) Read More
Zinc prices concluded the trading session with an increase of 1.5%, reaching Rs 364.75. This rise is attributed to escalating worries regarding the constriction of global supply, prompted by a succession of production interruptions at key mining and smelting facilities. Market sentiment improved following Goldman Sachs’ indication that Boliden’s Garpenberg mine may function at a Read More
Natural gas prices experienced a decline of 3.7%, settling at Rs 294.4. This drop was influenced by expectations that U.S. gas inventories will remain well above seasonal norms, even in the face of robust summer cooling demand. Market sentiment was influenced by a modest rise in daily production and ongoing confidence in sufficient supply availability. Read More
Gold and silver prices in India experienced a significant increase on the Multi Commodity Exchange on Friday, driven by robust buying activity. This surge is attributed to investor optimism surrounding a potential US-Iran peace agreement that may bring an end to the ongoing conflict in West Asia. MCX gold rate for August futures contracts commenced Read More
Copper prices decreased by 1.06% to close at Rs 1,313.55, influenced by escalating geopolitical tensions in the Middle East and increasing expectations of tighter monetary policy, which negatively impacted sentiment across industrial metals. The United States initiated military action against Iranian targets in response to the downing of an American helicopter. This escalation has heightened Read More
Crude oil prices experienced a notable increase of 3.62%, concluding at Rs 8,726, driven by rising geopolitical tensions in the Middle East alongside constricting supply fundamentals. Market sentiment exhibited considerable sensitivity following the resurgence of military exchanges between the United States and Iran. U.S. President Donald Trump issued a warning regarding the possibility of further Read More
