Zinc prices concluded the session on an upward trajectory, increasing by 0.79% to reach Rs 323.85. This rise was primarily driven by constrained supply dynamics and persistent apprehensions regarding mine disruptions and delays. Despite a 7.04% increase in inventories within warehouses tracked by the Shanghai Futures Exchange since last Friday, persistent concerns regarding overall supply Read More
Zinc prices concluded the trading session with a modest increase, rising by 0.28% to reach Rs 327.85, primarily bolstered by constrained supply dynamics and apprehensions regarding potential mine disruptions. Reduced inventories and disruptions in production have persisted in supporting the market, contributing to the stability of prices. Nonetheless, the increases were constrained as a robust Read More
Natural gas prices experienced a significant decline of 5.58%, concluding at Rs 272.4, as global energy markets softened in response to indications that Iran might be receptive to discussions aimed at resolving the persistent conflict in the Middle East. The prospect of diplomatic negotiations has contributed to a reduction in certain geopolitical risk premiums within Read More
Gold prices increased by 0.26% to close at Rs 1,61,525, bolstered by robust safe-haven demand amid escalating geopolitical tensions in the Middle East. The intensification of air strikes involving the U.S., Israel, and Iran has increased uncertainty in global markets, leading investors to gravitate towards bullion. U.S. President Donald Trump suggested that military operations might Read More
Copper increased by 0.15% to close at Rs 1199.1, buoyed by a resurgence in buying interest as traders in mainland China resumed activities following the extended Lunar New Year holiday. Nonetheless, gains were limited due to renewed trade uncertainty following the U.S. Supreme Court’s decision to invalidate President Trump’s emergency tariffs, which led him to Read More
A decrease of more than one percent occurred in the price of silver, which is now very close to the $76 per ounce market. Due to the fact that the United States and China are both celebrating holidays, trading volumes continue to be quite low. It is possible that the low inflation indicators that have Read More
Aluminium prices experienced a modest increase, closing up 0.19% at Rs 312.8, bolstered by constricting global supply dynamics and a positive shift in demand sentiment. Production disruptions at key smelters in Iceland, Mozambique, and Australia have reinforced supply concerns, while early signs of economic stabilization in China have improved investor confidence. Goldman Sachs has adopted Read More
Crude oil prices experienced a modest increase, closing up 0.79% at Rs 5,870, as market participants continued to evaluate the suitable geopolitical and supply-side risk premium. Sentiment was cautiously bolstered by remarks from U.S. President Donald Trump, who conveyed an optimistic outlook regarding negotiations with Iran aimed at limiting uranium enrichment. Nevertheless, tensions continue to Read More
Gold prices concluded the trading session with an increase of 1.68%, reaching Rs 158,066. This uptick was largely driven by a depreciating U.S. dollar and a renewed emphasis on the interest-rate trajectory in anticipation of significant U.S. economic data set to be released this week. Sentiment was further bolstered following remarks from San Francisco Fed Read More
Zinc prices experienced an upward movement, concluding with a gain of 1.69% at Rs 325.65, as market participants concentrated on imminent supply disruptions and the potential for reduced availability in the lead-up to the Chinese New Year. Numerous mines in China have declared temporary production halts for the holiday season, with facilities in the southwest Read More
Natural gas prices experienced a modest increase, closing at Rs 320.2, reflecting a rise of 0.91%. This uptick was bolstered by enhanced flows to U.S. liquefied natural gas export terminals and upward adjustments to short-term demand forecasts. The increase occurred notwithstanding predictions indicating a predominantly warmer-than-average climate until mid-February, which is anticipated to limit heating Read More
The price of silver had a significant increase of more than two percent, getting closer and closer to the $80 threshold, after a significant rally in the session before this one. The level of consumer participation remained strong even after a significant market correction that reduced its value by roughly half. As a result of Read More
Natural gas prices experienced a significant correction, declining by 27.15% to close at Rs 294.9, as concerns over weather-driven demand influenced market sentiment. Projections from the National Oceanic and Atmospheric Administration suggest that temperatures will be milder than usual across a substantial portion of the U.S., leading to a notable decrease in anticipated heating demand, Read More
Gold prices yesterday settled sharply lower by 2.55% at Rs 143,991, influenced by a strong U.S. dollar as investors evaluated the policy direction under President Donald Trump’s nominee for Fed chair, Kevin Warsh. Market participants anticipate a measured stance regarding rate reductions, alongside a tendency towards maintaining a more compact Federal Reserve balance sheet. In Read More
Zinc prices declined by 0.88% to close at Rs 319.55, influenced by profit-taking and a stronger U.S. dollar as markets adjusted in anticipation of Donald Trump’s nomination of former Fed Governor Kevin Warsh as the next Federal Reserve Chair. The appreciation of the dollar has diminished demand for base metals, leading certain investors to secure Read More
Crude oil prices experienced a modest increase, closing up by 0.84% at Rs 5,980, largely driven by escalating geopolitical risk premiums. Tensions in the Middle East escalated following the U.S. enhancement of its military presence, accompanied by President Donald Trump’s admonition to Iran to either comply with a nuclear agreement or confront potential military repercussions. Read More
Copper prices experienced a significant increase, closing at Rs 1,411.5, reflecting a rise of 6.79%. This movement was largely influenced by diminishing confidence in the U.S. dollar, alongside escalating geopolitical and trade uncertainties. Sentiment saw an uptick following President Trump’s renewed threats of military action against Iran. However, reassurances regarding a robust dollar policy did Read More
Natural gas prices concluded the trading session with an increase of 2.68% at Rs 352, influenced by mixed weather forecasts that contributed to fluctuations in demand expectations. Commodity Weather Group reported that the first week of February will experience slightly colder-than-normal conditions across the eastern U.S., which is likely to bolster near-term heating demand. This Read More
As a result of a surge of profit-taking actions in the market, the price of silver saw a decrease of over 4%, finishing at approximately $110 per ounce. This decline can be linked to the decline. The month of January has seen gains that are greater than fifty percent, making it the most impressive monthly Read More
Copper prices concluded the trading session with an increase of 0.84%, reaching Rs 1,283.8, buoyed by supply-side disruptions and a reduction in geopolitical tensions. The most immediate catalyst was the near-halt in production at Capstone Copper’s Mantoverde mine in northern Chile, where a prolonged labor strike resulted in the shutdown of the desalination plant, jeopardizing Read More
