Crude oil experienced a modest increase of 0.81%, closing at Rs 8,933, as renewed Israeli strikes on Lebanon raised new concerns regarding the tenuous ceasefire in the Middle East. Market sentiment continued to exhibit tension, as the Strait of Hormuz remains predominantly restricted, accompanied by reports indicating disruptions in tanker traffic. Given that the strait Read More
Silver is currently trading at a price that is higher than $75 per ounce, maintaining the rising trend that it has been experiencing over the past week. The dollar’s depreciation and the falling price of oil have both contributed to the improvements. As a result of the recent ceasefire between the United States and Iran, Read More
Aluminium prices experienced a modest decline of 0.25%, concluding at Rs 354.85, influenced by increasing inventories in China that dampened market sentiment. Stocks in Shanghai Futures Exchange warehouses have been on a consistent upward trajectory, approaching levels not seen in nearly six years. This trend indicates a decline in demand and a more measured approach Read More
Copper prices experienced a decline of 0.17%, concluding at Rs 1,159.55, reflecting a cautious market sentiment influenced by persistent geopolitical tensions and macroeconomic uncertainty. Market participants are attentively monitoring the situation following U.S. President Donald Trump’s ultimatum regarding Iran, as the absence of a definitive timeline for resolution has heightened apprehensions about global economic growth. Read More
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
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
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
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
Crude oil prices experienced a significant increase, rising by 4.69% to close at Rs 8,736, driven by ongoing supply disruptions in the Middle East that have heavily influenced market sentiment. Tensions persist as Iran refutes any involvement in negotiations with the U.S., countering previous assertions of potential advancement. The current circumstances have maintained elevated levels Read More
A significant increase of 4% has occurred in the price of silver, which has reached roughly $74 per ounce. This marks the third session in a row that silver has witnessed increases. There is a growing sense of confidence regarding the prospects of negotiations between the United States of America and Iran, as well as Read More
Aluminium prices exhibited a largely subdued performance, declining slightly by 0.12% to close at Rs 330.9, as a combination of mixed supply developments and demand concerns contributed to a range-bound market. On the supply side, output has increased in certain areas, with Alvance British Aluminium raising production at its Lochaber smelter by approximately 10%, bolstered Read More
Natural gas prices experienced significant downward pressure, declining 5.35% to close at Rs 272.7, influenced by a reduction in geopolitical tensions and a less favorable demand outlook that impacted market sentiment. The decline was a consequence of U.S. President Donald Trump’s decision to postpone military action against Iranian targets, leading to a cooling of global Read More
