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
The price of silver has fallen below $67 per ounce, influenced by prevailing selling pressures in the market. The Iranian government has refuted claims of engaging in discussions with the United States, while simultaneously intensifying its military operations against American interests. The ongoing military operations by Israel are contributing to heightened tensions in the Middle Read More
Copper prices declined by 0.36% to close at Rs 1,108, influenced by increasing oil prices and persistent tensions in the Middle East, which have heightened concerns regarding inflation and global economic growth. The surge in energy prices has prompted a more prudent approach from central banks, as policymakers indicate that inflationary pressures could postpone or Read More
Gold prices declined by 0.32% to settle at Rs 1,44,492, continuing their recent downturn as escalating geopolitical tensions and inflation worries altered market expectations towards a more hawkish monetary stance. The recent escalation in the Middle East, marked by an uptick in U.S. military deployment, has led to a rise in energy prices and heightened Read More
Zinc prices experienced a decline of 2.36%, settling at Rs 306.6, reflecting a broader weakness in industrial metals driven by escalating concerns regarding the global economic ramifications of the Iran conflict. Sentiment continued to face challenges as a result of a robust US dollar and a consistent accumulation of inventories. Stocks on the Shanghai Futures Read More
Natural gas prices experienced a significant increase, rising by 4.31% to close at Rs 295.5, influenced by heightened geopolitical tensions in the Middle East that have sparked renewed worries about potential supply disruptions. Iran’s missile strikes on Qatar’s Ras Laffan Industrial City—home to the world’s largest LNG export facility—along with reported hits on energy infrastructure Read More
