Crude oil prices experienced an increase of 0.77%, concluding at Rs 10,669. This rise was bolstered by intensifying geopolitical tensions, particularly as U.S. President Donald Trump established a deadline for Iran to reopen the Strait of Hormuz, warning of possible military actions should they fail to comply. Supply concerns have escalated as interruptions in Middle Read More
There has been a rise of more than 4% in the price of silver, which has now surpassed $76 per ounce. As tensions in the Middle East begin to show indications of easing, the situation reaches its highest point in three weeks. The recent ceasefire between the United States and Iran, which lasted about two Read More
Zinc increased by 0.39% to close at Rs 324.45, buoyed by a resurgence in industrial activity in China and indications of temporary supply constraints. China’s manufacturing PMI increased to 50.4 in March, indicating a return to expansion and enhancing demand sentiment for base metals. Simultaneously, inventories at the Shanghai Futures Exchange experienced a 1% decrease Read More
Natural gas increased by 0.68% to close at Rs 265.8, buoyed by anticipations of heightened demand and continued robust flows to LNG export terminals. The most recent EIA data revealed a 36 Bcf injection for the week ending March 27, which stands in stark contrast to the five-year average withdrawal of 4 Bcf, suggesting a Read More
Gold increased by 0.2% to close at Rs 149,981, buoyed by a weaker dollar and a sense of cautious optimism regarding a possible ceasefire in the ongoing U.S.-Israel–Iran conflict. Nonetheless, uncertainty continues to be high following recent alerts from U.S. President Donald Trump concerning the Strait of Hormuz, an essential oil transportation corridor. Concerns regarding Read More
Aluminium prices experienced an upward movement, increasing by 1.44% to close at Rs 355.65, driven by heightened supply concerns in the wake of Iranian strikes on significant producers in the Middle East. Damage to facilities operated by Emirates Global Aluminium and Aluminium Bahrain has led to disruptions in output, while partial shutdowns have exacerbated supply Read More
Crude oil prices declined by 3.28% to Rs 9,253, as sentiment was influenced by optimism regarding a potential de-escalation in the Middle East. Donald Trump indicated that U.S. forces might exit Iran in a matter of weeks, fostering optimism that the conflict could be resolved swiftly. Nevertheless, the circumstances continue to be ambiguous, as ongoing Read More
The price of silver is continuing to fall, and it is getting closer and closer to $72 per ounce, which contributes to the continuation of its recent negative trend. Since the beginning of the conflict in Iran, there has been a fall in prices that is greater than twenty percent. The United States of America Read More
Zinc prices experienced an uptick, increasing by 1.86% to close at Rs 325.4, buoyed by a more favorable outlook as investors speculate on a potential reduction in geopolitical tensions in the Middle East. Robust economic indicators from China contributed to the upward momentum, as the manufacturing PMI increased to 50.4, indicating a shift back to Read More
Natural gas prices experienced a significant decline of 3.24%, closing at Rs 265.4, influenced by a reduction in geopolitical tensions that affected market sentiment. Donald Trump indicated that the United States might withdraw from the Iran conflict in the coming weeks, leading to heightened anticipation that disturbances in the Strait of Hormuz could progressively diminish. Read More
Gold prices experienced a notable rebound, increasing by 1.95% to close at Rs 153,708. This rise was bolstered by a depreciating dollar and a reduction in geopolitical tensions following Donald Trump’s suggestion that the conflict with Iran might de-escalate in the coming weeks. Nonetheless, in light of this optimism, persistent high energy prices maintain inflationary Read More
Aluminium prices experienced a minor decline, decreasing by 0.04% to close at Rs 350.6, as profit-taking occurred following the recent surge attributed to supply apprehensions. The market previously experienced a surge due to concerns over potential disruptions stemming from Iranian airstrikes on significant Middle Eastern producers, thereby heightening the risk of an extended supply shock. Read More
Crude oil prices declined by 2.43%, closing at Rs 9,567, as increasing optimism regarding a possible de-escalation in the Middle East impacted market sentiment. Reports indicate that Donald Trump might contemplate terminating U.S. military operations, even in the event that the Strait of Hormuz remains obstructed, with the intention of circumventing an extended conflict. Simultaneously, Read More
As a result of a gain of more than seven percent during the most recent trading session, the price of silver remained unchanged at roughly seventy-five dollars per ounce. As tensions in the Middle East began to lessen, prices started to rise to their highest point in two weeks. The metal market went through a Read More
Copper prices experienced a modest increase, closing up 1.01% at Rs 1,150.4, as market participants drew some optimism from the prospect of alleviating geopolitical tensions. Sentiment showed signs of improvement following Donald Trump’s extension of the deadline for potential action against Iran, thereby providing additional time for negotiations. Although this offered temporary respite, the overall Read More
Natural gas prices experienced an increase, closing up 3.06% at Rs 289.7, bolstered by a stronger-than-anticipated withdrawal from U.S. storage, indicating robust near-term demand. The U.S. Energy Information Administration reported a decline in inventories of 54 billion cubic feet for the week ending March 20, significantly surpassing market expectations. Total stockpiles have decreased to 1.829 Read More
Gold prices experienced a significant increase, closing up 3.33% at Rs 147,255, largely attributed to the reduction in geopolitical tensions following Donald Trump’s postponement of potential military action against Iran and the extension of the negotiation deadline to April 6. The transient alleviation in the Strait of Hormuz, coupled with constrained oil flow interruptions, bolstered Read More
Oil prices experienced a decline following the announcement by US President Donald Trump regarding the extension of the deadline for action against Iran’s energy sector. This development has offered temporary relief to financial markets, yet it simultaneously prolongs the uncertainty surrounding the potential evolution of the conflict into April. Brent crude experienced a decline of Read More
On Friday, gold and silver prices in India saw an increase, mirroring the rise in global bullion prices, alongside a weakening dollar. MCX gold rate for June futures contracts commenced at Rs 1,44,000 per 10 grams, reflecting an increase of Rs 1,486, or 1.04%, compared to the prior closing figure of Rs 1,42,514. MCX silver Read More
Zinc prices experienced a decline of 0.56%, closing at Rs 308.6, amid ongoing concerns regarding the economic repercussions stemming from the conflict in the Middle East, which persistently impact the overall sentiment in the industrial metals sector. Increasing oil prices have exacerbated inflation concerns and cast uncertainty over global growth, thereby constraining potential upside, even Read More
