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
Crude oil prices experienced a significant increase, closing with a gain of 3.49% at Rs 5,630. This surge was largely attributed to escalating geopolitical tensions following U.S. President Donald Trump’s renewed threats toward Iran, which heightened concerns regarding possible disruptions in supply. Further assistance was derived from disruptions in Kazakhstan, where operations at the significant Read More
Zinc prices experienced a modest increase, closing up by 0.18% at Rs 311.9, bolstered by a depreciating U.S. dollar and stronger-than-anticipated economic indicators from China. The dollar index experienced a decline following U.S. President Donald Trump’s reaffirmation of his intention to implement an additional 10% tariff on imports from eight European countries, which exerted pressure Read More
Crude oil prices concluded the trading session with an increase of 0.94% at Rs 5,569, reflecting market responses to a confluence of supply-side disruptions, optimistic demand forecasts, and geopolitical uncertainties. Prices stabilized following a brief halt in operations at two significant oil fields in Kazakhstan, which has heightened immediate supply apprehensions. Sentiment was further shaped Read More
Copper prices experienced a decline yesterday, closing down by 1.29% at Rs 1285.65, influenced by indications of weakening demand from the leading consumer, China. The Yangshan import premium, an important indicator of Chinese consumption, has decreased by 50% over the last month, reaching its lowest point since mid-2024. Concurrently, inventories in Shanghai Futures Exchange warehouses Read More
Natural gas prices experienced a significant increase yesterday, closing with a rise of 5.47% at Rs 351, largely propelled by a rally influenced by weather conditions, as forecasts indicated a shift toward much colder scenarios across the Northern Hemisphere. The expansion of the polar vortex has facilitated the incursion of Arctic air into the central Read More
Although it has seen a decrease, going below $94, silver continues to remain close to the levels at which it reached its historical peaks. Because of the growing tensions between the United States and Europe about Greenland, there has been a major increase in the desire for safe havens for capital investments. There has been Read More
Copper prices experienced a decline, closing 0.36% lower at Rs 1308.5, influenced by a robust U.S. dollar and diminishing worries regarding the prompt enforcement of U.S. tariffs on essential minerals. U.S. President Donald Trump indicated a temporary halt on tariffs concerning rare earths, lithium, and other essential minerals, which affected market sentiment, despite copper’s continued Read More
Crude oil prices experienced a notable decline, closing 3.9% lower at Rs 5,366, as the geopolitical risk premium diminished and supply-side issues reemerged. Sentiment diminished following U.S. President Donald Trump’s apparent retreat from previous threats of possible military action against Iran, alleviating concerns over immediate disruptions. In a further indication of a bearish sentiment, Venezuela Read More
Copper prices experienced a notable recovery, closing up by 2.65% at Rs 1,315.2, bolstered by a depreciating U.S. dollar and a more optimistic outlook on demand following China’s indication of new initiatives to enhance domestic consumption. China’s cabinet deliberated on a suite of fiscal and financial measures designed to bolster household expenditure and investment, thereby Read More
Aluminium prices experienced a notable increase, closing up by 2.77% at Rs 317.4, as investors recalibrated their expectations regarding supply constraints in light of robust global demand. Sentiment was bolstered by a strengthening confidence in China’s macroeconomic outlook, following the central bank’s reaffirmation of its dedication to an accommodative policy stance. This includes anticipated reserve Read More
Natural gas prices experienced a significant increase, closing up by 4.93% at Rs 321.4, bolstered by a confluence of reduced output and enhanced expectations for demand driven by favorable weather conditions. Production in the Lower 48 states has moderated to an average of 109.0 bcfd thus far in January, a decrease from the record 109.7 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
