Advice on Commodities

All that glitters is not gold: Mecklai Graph  

03 Apr 2013, 4.45 pm  |  Source: Moneycontrol.com

Mecklai graph of the day: All that glitters is not gold - Any firm break of USD 1550 levels would suggest that further sell off would extend to retest...

Mecklai Graph: Dr Copper to heal Indian companies?  

20 Mar 2013, 7.38 pm  |  Source: Moneycontrol.com

Mecklai graph of the day: Euro zone is well on it’s path towards recovery and stability, the news from Cyprus broke out, disturbing the overall posi...

Mecklai: Rising crude stocks to put pressure on prices  

13 Mar 2013, 6.17 pm  |  Source: Moneycontrol.com

US crude stockpile is expected to rise by 2.3 million barrels in a report due for release later today for the week ended 8th March, which in turn woul...

Mecklai graph: Silver lining fading?  

25 Feb 2013, 6.04 pm  |  Source: Moneycontrol.com

Mecklai graph of the day: Silver extended its losses after minutes from the Fed’s last meeting revealed "many" FOMC members were concerned about the...

How gold may behave during Budget week  

25 Feb 2013, 5.54 pm  |  Source: Moneycontrol.com

Emkay Commotrade has come out with its special report on Gold. According to the research firm, stronger rupee, lesser demand, reduced safe haven appea...

Gold may test low of USD 1527 in near term: Mecklai  

19 Feb 2013, 2.06 pm  |  Source: Moneycontrol.com

Gold: Further downslide may take it to test May 2012 low of $1527 in the near term, says Mecklai graph....

Mecklai graph: Will the Gold shine?  

05 Feb 2013, 6.39 pm  |  Source: Moneycontrol.com

Mecklai graph of the day: The yellow metal is trading within the symmetrical triangle in the last 3-4 months. A breakout of this pattern i.e price ban...

Gold import duty hike: Comm Min to plug Thailand loophole   

23 Jan 2013, 5.50 pm  |  Source: CNBC-TV18

Even as the finance ministry hiked duties on gold and platinum, the commerce ministry has red-flagged import of the precious metal from Thailand. ...

Mecklai: Falling oil, gold prices to lower trade deficit  

25 Oct 2012, 4.52 pm  |  Source: Moneycontrol.com

Mecklai graph of the day: Gold dipped below $ 1700 and posted a low of $ 1699 yesterday. This was the lowest mark since Sept.7. The contractio...

Mecklai: Rising rupee to improve current account deficit  

04 Oct 2012, 6.53 pm  |  Source: Moneycontrol.com

Mecklai graph of the day: the USDINR pair moved with a negative correlation till Aug 2012 owing to various domestic impediments that India had to face...

Gold or silver: Which is best safe haven asset?  

27 Sep 2012, 6.41 pm  |  Source: Moneycontrol.com

With Global economic slowdown and political uncertainty hovering major nations has boosted the demand for safe haven assets like Gold and Silver. The ...

Rising crude prices may hamper global economic growth  

17 Sep 2012, 3.42 pm  |  Source: Moneycontrol.com

The price movement of the two major benchmarks of crude oil namely Brent & NYMEX WTI (West Texas Intermediate). ...

Copper crosses 8000 levels: Mecklai  

13 Sep 2012, 6.11 pm  |  Source: Moneycontrol.com

Mecklai graph of the day: When the year started copper prices were trading around 7500 levels after which there was a spike in copper prices which tou...

Why tracking Dollar Index is must for any commodity trader  

12 Sep 2012, 1.16 pm  |  Source: Moneycontrol.com

The US Dollar Index is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies. Generally dollar ind...

Gold may rally upto USD 1790: Mecklai  

04 Sep 2012, 4.53 pm  |  Source: Moneycontrol.com

Mecklai graph of the day: Gold is the widely known commodity as a hedge against inflation. With signs of global weakness and pressure on Central banks...

No transaction, conversion charges on Akshaya Tritiya: NSEL  

23 Apr 2012, 10.54 am  |  Source: Moneycontrol.com

Waiver of Transaction Charges and Conversion charges on E-Gold, E-Silver and E-Platinum on the auspicious occasion of Akshaya Tritiya...

NCDEX stops all future contracts trading in Guar Gum, Seed  

28 Mar 2012, 10.20 am  |  Source: Moneycontrol.com

As per the directives of the Forward Markets Commission it is hereby informed that all futures contracts in Guar Gum (GARGUMJDR) and Guar Seed (GARSED...

Gold: Will you feel the pinch of the new custom duty?  

28 Jan 2012, 2.48 pm  |  Source: Moneycontrol.com

Halfway through January 2012, the government unexpectedly announced a change in the structure of gold's import duties. In the midst of one of the cold...

Dhanteras Special:Extended live trading session in Gold ETF  

24 Oct 2011, 10.40 am  |  Source: Moneycontrol.com

On the auspicious occasion of Dhanteras on Monday, October 24, 2011, the Exchange has decided to conduct Extended Live Trading session in Gold ETF sec...

Special trading session in Gold ETF on Oct 24  

21 Oct 2011, 7.51 pm  |  Source: Moneycontrol.com

On the auspicious occasion of Dhanteras on Monday, October 24, 2011, the Exchange has decided to conduct Extended Live Trading session in Gold Exchang...

FT wins Golden Peacock HR Excellence Award 2011  

23 Aug 2011, 5.42 pm  |  Source: Moneycontrol.com

Mumbai, August 23, 2011: Financial Technologies (India) Limited (FTIL), the global leader in offering technology solutions and domain expertise for cr...

Gold climbs 0.5% to USD 1793.8/ounce  

18 Aug 2011, 8.09 am  |  Source: CNBC-TV18

Buying was seen in all commodities on Wednesday. Among precious metals, gold rose 0.5% to USD 1793.8/ounce and Silver went up 1.2% to USD 40.36/ounce....

Gold rises 1.6% to USD 1786.9/ounce   

17 Aug 2011, 7.17 am  |  Source: CNBC-TV18

December gold contract rose 1.6% to USD 1786.9/ounce and September silver contract went up 1.4% to USD 39.87 per ounce in the international markets....

Gold glitters again: Is it time to hold?   

09 Aug 2011, 10.00 pm  |  Source: CNBC-TV18

Gold has hit another peak, both internationally and back home in India. Domestic prices crossed Rs 26,000 per 10 grams. So, is gold the best asset to ...

Commodities rally on optimism about Greece bailout  

29 Jun 2011, 8.01 am  |  Source: CNBC-TV18

Brent crude settled up 2.5% at USD 108.6/barrel yesterday; it was hovering around the same level today as well. WTI crude closed at USD 92.7/barrel....

Brent crude trades above USD 106/bbl  

28 Jun 2011, 8.00 am  |  Source: CNBC-TV18

Brent crude settled at USD 106/barrel on Monday, which was in the green today. WTI crude ended off lows at USD 91/barrel....

Brent crude trades below USD 105/barrel  

27 Jun 2011, 8.12 am  |  Source: CNBC-TV18

Crude correction continued in today's trade as well. WTI crude was trading below USD 91/barrel on NYMEX and Brent crude was below USD 105/bbl....

Brent crude dips 6%; brokerages cut price target  

24 Jun 2011, 7.51 am  |  Source: CNBC-TV18

Brent crude declined 6% yesterday though there was marginal recovery today. It was trading at USD 108 a barrel in morning trade today while NYMEX crud...

NYMEX crude trades above USD 94/barrel  

23 Jun 2011, 7.49 am  |  Source: CNBC-TV18

Crude was correcting after a rally yesterday. EIA report took Brent to over USD 114/bbl yesterday, which was trading at USD 113.3 a barrel today and N...

Go long in steel and fetch 30% returns says Nirmal Bang  

08 Jun 2011, 2.30 pm  |  Source: Moneycontrol.com

Nirmal Bang has come out with its report on Steel, with a buy recommenation for a target price of Rs 36,000 and 39,000....