Silver prices edged lower to Rs 66,932 per kg on April 9 as participants increased their short positions as seen by the open interest. The precious metal had jumped 1.3 percent yesterday on the COMEX. The white metal extended decline in the afternoon session after a gap-down start tracking losses in gold and a stronger Read More
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Gold prices rose on Thursday, as yields on longer-term U.S. Treasuries dropped along with the dollar after the Federal Reserve in its latest policy meeting minutes reinforced expectations that interest rates would remain low for some time. Spot gold gained 0.3% at $1,741.85 per ounce. U.S. gold futures rose 0.1% to $1,742.90 per ounce. “Gold Read More
Copper prices were steady at Rs 668.05 per kg on April 1 as participants increased their short positions as seen by the open interest. The base metal traded in the negative territory after a gap-down open, tracking muted global cues. The non-ferrous metal has been trading higher than 50, 100 and 200 days’ moving averages Read More
Natural gas futures declined to Rs 193 per mmBtu, on March 12, as participants increased their short positions as seen by the open interest. Natural gas price had fallen 0.9 percent yesterday on the NYMEX. The energy extended decline in the afternoon after a gap-up started tracking weak global trends. The commodity has been trading Read More
Oil prices rose on Wednesday, supported by an OECD forecast for on global economic recovery and by OPEC+ oil output curbs, though gains were capped by rising US inventories. Brent crude rose 34 cents, or 0.5 percent, to $67.86 a barrel by 1310 GMT and US West Texas Intermediate crude rose 51 cents, or 0.8 Read More
Gold price fell by Rs 594 to Rs 45,976 per 10 gram in the Mumbai retail market on a firm equity market and a sharp sell-off over the weekend in the international market. The precious metal had gained Rs 469, or 1.02 percent, last week in the domestic market. The bullion prices reported a second Read More
Silver prices fell around 1.2 percent to Rs 66,625 per kg on March 2 as participants trimmed their positions as seen by the open interest. The precious metal had gained 0.9 percent yesterday on the COMEX. The white metal traded in the negative territory after a gap-down start in the afternoon session tracking weakness in Read More
Oil prices rebounded more than $1 on Monday after the US House of Representatives passed a huge stimulus package, although a drop in China’s February factory activity growth capped gains. Brent crude futures for May rose $1.07, or 1.7 percent, to $65.49 per barrel by 0410 GMT. The April contract expired on Friday. US West Read More
Silver prices traded slightly higher at Rs 69,448 per kg on February 24 as participants trimmed positions as seen by the open interest. The precious metal had declined 1.4 percent on February 23 on the COMEX. The white metal traded in the positive territory after a gap-up open in the afternoon session tracking dollar weakness. Read More
Crude oil futures fell 1.77 percent to Rs 4,332 per barrel on February 19 on profit booking despite a sharp drawdown in US crude inventories. The US Energy Information Administration (EIA) reported that US crude oil inventories fell by 7.3 million barrels for the week ended February 12 as compared to market expectation of 2.4 Read More
Natural gas futures were trading at Rs 236.20 per mmBtu on February 17 after hitting a fresh intraday high for February series of Rs 239.80 on the MCX. Natural gas price had risen 3 percent yesterday on the NYMEX. Natural gas erased gain after a gap up open in the afternoon session. As per Refinitiv Eikon Read More
India Gold MCX April Futures are trading in the green on February 16 following positive trend seen in the international spot prices. Silver March Futures were trading higher by nearly 1 percent. On the Multi-Commodity Exchange (MCX), April gold contracts were trading higher by 0.37 percent at Rs 47,418 for 10 grams at 0920 hours. March silver Read More
Oil prices rose to their highest in more than a year on Monday, after a Saudi-led coalition fighting in Yemen said it intercepted an explosive-laden drone fired by the Iran-aligned Houthi group, raising fears of fresh Middle East tensions. Hopes for more U.S. stimulus and an easing of coronavirus lockdowns helped support the rally, after Read More
Natural gas futures eased to Rs 207.60 per mmBtu on February 12 as participants built up short positions as seen by the open interest. Natural gas price had fallen 1.5 percent on February 11 on the NYMEX. Natural gas extended losses after a gap-down open in the afternoon session, tracking weak global cues. Kotak Securities Read More
Silver prices were steady at Rs 68,974 a kg on February 10 as participants increased their long positions as seen by the open interest. The precious metal had declined 1.2 percent the previous day on the COMEX. The white metal pared earlier losses after a gap down to trade flat to positive in the afternoon Read More
Silver prices rose to Rs 70,518 per kg on February 9 as participants increased their long positions as seen by the open interest. The precious metal had gained 2.1 percent on February 8 on the COMEX. The white metal traded in the green after a gap up open, tracking gains in gold and weaker dollar. Read More
Oil prices rose on Monday to their highest in just over a year, with Brent futures nudging past $60 a barrel, boosted by supply cuts among key producers and hopes for further U.S. economic stimulus measures to boost demand. Brent crude for April touched an intraday high of $60.06 a barrel, the highest since January Read More
Natural gas futures climbed to Rs 221.80 per mmBtu on February 5 after hitting a fresh high of Rs 223.20 for the February series during intraday trade on the MCX. The price had gained 5.2 percent the previous day on NYMEX. Natural gas extended gain after a gap up open in the afternoon session, tracking Read More
Silver prices edged higher to Rs 68,096 per kg on February 3 as participants widened their positions. The precious metal had a sharp fall of 10.3 percent yesterday on the COMEX. The attempted short squeeze by small retail traders on silver has at least temporarily failed and one of the reasons contributing to the pullback Read More
Silver prices tanked to Rs 70,790 per kg on February 2 as participants trimmed their positions as seen by the open interest. The precious metal had gained 9.3 percent on February 1 to touch $30.35/oz, the highest level since 2013 on the COMEX. The white metal prices rallied 19 percent since January 27 largely on Read More