Natural gas prices concluded the trading session with a 0.38% increase, reaching Rs 312.9. This uptick was bolstered by enhanced flows to U.S. liquefied natural gas export facilities, alongside predictions of above-normal temperatures that are anticipated to elevate electricity demand for air conditioning purposes. Weather forecasts suggest that above-average temperatures will continue until July 11, Read More
Gold prices concluded the trading session with an increase of 0.72%, reaching Rs 144,162. This rise was bolstered by a decline in the value of the U.S. dollar and a slight reduction in anticipations regarding stringent U.S. monetary policy following the publication of inflation statistics. The dollar experienced a decline from its recent peaks after Read More
Gold and silver prices continued to decline for a second consecutive session on the MCX on Thursday, influenced by a robust U.S. dollar and increasing anticipations regarding a potential interest rate hike by the Federal Reserve this year. In the domestic market, MCX silver futures for July 2026 delivery experienced a decline of Rs 15,526 Read More
Aluminium prices experienced a decline of 2.57%, settling at Rs 345.25, as the easing of geopolitical tensions in the Middle East alleviated concerns regarding potential supply disruptions. Market sentiment deteriorated after the United States provided Iran with a 60-day sanctions waiver in the wake of preliminary peace negotiations, enhancing expectations for a gradual normalisation of Read More
Natural gas prices experienced a significant decline of 3.55%, closing at Rs 299. This drop can be attributed to robust storage levels and projections suggesting a weaker demand in the upcoming fortnight compared to earlier expectations. Market sentiment persisted in a bearish stance, even with forecasts indicating warmer-than-normal weather extending into early July. This trend Read More
Gold and silver prices commenced the day with a notable decline on the Multi Commodity Exchange on Wednesday, driven by a robust dollar and increasing anticipations of U.S. interest rate increases, which overshadowed the positive sentiment stemming from decreasing oil prices as the Strait of Hormuz slowly re-opens. In the domestic market, MCX silver futures Read More
Zinc prices experienced a decline of 1.13%, settling at Rs 366.5, influenced by the strengthening of the U.S. dollar following the postponement of peace talks between the United States and Iran. The dollar climbed to a one-year high as uncertainty surrounding Middle East tensions increased following Switzerland’s confirmation that negotiations between U.S. and Iranian officials Read More
Natural Gas prices declined by 0.36% to close at Rs 302.1, influenced by a modest rise in daily production and anticipations that storage levels will stay well above seasonal averages. Despite forecasts indicating warmer-than-normal temperatures through early July, which are expected to bolster cooling demand and elevate gas consumption by power generators, the market exhibited Read More
On the 22nd of June, the retail market in India saw an increase in the price of the yellow metal, with both 24-karat and 22-karat gold rates exhibiting small advances throughout key cities. Similarly, the local bullion market exhibited only a moderate amount of volatility in silver prices. As of today, the MCX gold pricing Read More
