Zinc prices concluded the trading session down 1.59% at Rs 312.8, influenced by regulatory and macroeconomic challenges emanating from China. Sentiment deteriorated following directives from Chinese regulators mandating exchanges, such as the Shanghai Futures Exchange, to eliminate high-frequency trading servers, thereby curtailing speculative engagement. Concerns regarding demand prospects remained as China’s 2025 new bank lending Read More
Natural gas prices concluded the trading session at Rs 280.4, reflecting a decline of 0.95%, influenced by storage data that suggests a more relaxed balance between supply and demand. U.S. gas inventories experienced a decline of 71 bcf in the most recent week, falling short of market expectations which anticipated a draw of 90 bcf. Read More
Gold prices experienced a slight decline, closing 0.42% lower at Rs 142,517, as the demand for safe-haven assets diminished and the anticipation of a forthcoming U.S. Federal Reserve rate cut weakened. Geopolitical risk premiums have diminished as U.S. President Donald Trump indicated a potential postponement of military action against Iran, in light of Tehran’s reassurances Read More
Gold futures exhibited resilience in the prior session, closing with a gain of 0.7% at Rs 139,083 as investors gravitated towards safe-haven assets in response to escalating geopolitical tensions in Venezuela, triggered by the US military operation and the capture of President Nicolas Maduro. The prevailing uncertainty bolstered demand for bullion, underscoring gold’s function as 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
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
Silver prices have surged to unprecedented levels, with the metal approaching $66 internationally while MCX silver has climbed to a record high of 205,934. The rally reflects growing investor interest in alternative assets amid mixed U.S. economic signals, particularly uneven labor market data. Uncertainty around growth and policy has encouraged diversification away from traditional assets, Read More
