Commodities Update

Gold jumps 2.5% for biggest one-day gain since June  

26 Apr 2013, 1.45 pm  |  Source: Reuters

Gold surged 2.5 percent on Thursday, its biggest daily rise since June, as physical buyers kept scooping up the metal at prices viewed as a bargain af...

Commodity bets: Buy copper, nickel, crude; sell natural gas   

26 Apr 2013, 11.56 am  |  Source: CNBC-TV18

Renisha Chainani of Edelweiss suggests buying copper around Rs 385 per kilogram with stop loss of Rs 380 per kilogram and target of Rs 390-395 per kil...

Sell gold & crude, says Anand Rathi Commodities   

26 Apr 2013, 11.40 am  |  Source: CNBC-TV18

In an interview with CNBC-TV18 commodity market expert, Ram Pitre of Anand Rathi Commodities shared his outlook and trading strategy on gold and coppe...

MCX SILVER July contract trades firm  

26 Apr 2013, 11.19 am  |  Source: Moneycontrol.com

SILVER prices on MCX were trading firm. At 11:02 hours IST, MCX SILVER July contract was trading at Rs 45900 up Rs 116, or 0.25 percent. ...

MCX GOLD October contract advances 1%  

26 Apr 2013, 11.18 am  |  Source: Moneycontrol.com

GOLD prices on MCX were trading higher. At 10:55 hours IST, MCX GOLD October contract was trading at Rs 27945 up Rs 295, or 1.07 percent....

Gold heads for biggest weekly gain since late 2011  

26 Apr 2013, 8.27 am  |  Source: Reuters

Gold rose to its highest in more than a week on Friday, heading for its biggest weekly gain since October 2011, after a surge in physical demand in As...

Gold rises more than 1% to near two-week high  

26 Apr 2013, 8.17 am  |  Source: Reuters

Cash and US gold futures rose more than 1 percent to the highest since April 15 above USD 1,484 an ounce on Friday, extending Thursday's gains after a...

MCX SILVER May contract gains 1.3%  

25 Apr 2013, 5.27 pm  |  Source: Moneycontrol.com

SILVER prices on MCX gained. At 15:58 hrs MCX SILVER May contract was trading at Rs 43480 up Rs 588, or 1.37 percent. The SILVER rate touched an intra...

MCX Goldpetal April contract advances  

25 Apr 2013, 5.25 pm  |  Source: Moneycontrol.com

At 15:56 hrs MCX GOLDPETAL April contract was trading at Rs 2667 up Rs 30, or 1.14 percent. The GOLDPETAL rate touched an intraday high of Rs 2680 and...

Gold-importing banks struggle to keep pace with demand  

25 Apr 2013, 3.47 pm  |  Source: Reuters

The primary dealers of bullion in India struggled to keep pace with robust demand quoting higher premiums, even as prices recovered partially from the...

Silver prices gain in major metros in India  

25 Apr 2013, 3.24 pm  |  Source: Moneycontrol.com

Silver prices gained in major metros in India. In Chennai market, Pure silver (999 purity) was up by Rs 700 to Rs 44500 and in Delhi market, it was up...

Spot gold rates trading higher  

25 Apr 2013, 3.23 pm  |  Source: Moneycontrol.com

Spot gold rates were trading higher in major cities in India. In Delhi market, Standard gold (995 purity) was up by Rs 400 at Rs 27800 and pure gold (...

MCX SILVERMIC April contract trades firm  

25 Apr 2013, 2.12 pm  |  Source: Moneycontrol.com

At 13:59 hrs MCX SILVERMIC April contract was trading at Rs 43307 up Rs 414, or 0.97 percent. The SILVERMIC rate touched an intraday high of Rs 43694 ...

MCX Goldguinea June contract gains 1%  

25 Apr 2013, 2.12 pm  |  Source: Moneycontrol.com

GOLDGUINEA prices on MCX were trading higher. At 13:53 hours IST, MCX GOLDGUINEA April contract was trading at Rs 21301, up Rs 181, or 0.86 percent....

MCX Gold June contract trades firm  

25 Apr 2013, 11.58 am  |  Source: Moneycontrol.com

GOLD prices on MCX were trading firm. At 11:22 hrs MCX GOLD June contract was trading at Rs 26614 up Rs 226, or 0.86 percent. The GOLD rate touched an...

MCX Silverm August contract gains  

25 Apr 2013, 11.57 am  |  Source: Moneycontrol.com

At 11:22 hrs MCX SILVERM August contract was trading at Rs 44726 up Rs 408, or 0.92 percent. The SILVERM rate touched an intraday high of Rs 45000 and...

Commodity Bets: How to trade nickel, lead, natural gas   

25 Apr 2013, 11.13 am  |  Source: CNBC-TV18

Ram Pitre of Anand Rathi Commodities advises buying MCX nickel at Rs 850 per kilogram for an upside target of Rs 825-830 per kilogram with a stop loss...

Symptoms that led to panic sell in gold still exist: Expert   

25 Apr 2013, 10.58 am  |  Source: CNBC-TV18

In an interview to CNBC-TV18, Priti Gupta, Director at Anand Rathi Commodities shared the outlook on commodities market....

Gold edges down, falling ETFs sap interest  

25 Apr 2013, 8.27 am  |  Source: Reuters

Gold inched lower on Thursday, hovering below a 1-week high hit earlier this week, as firm equities sapped interest in the precious metal, which has s...

Gold rebounds but outlook clouded by lower investment  

24 Apr 2013, 4.55 pm  |  Source: Reuters

Gold rose on Wednesday as solid physical demand encouraged speculative buying after the previous session's drop, while support also came from weak Ger...

Brent holds above $100; weak economic outlook caps gains  

24 Apr 2013, 1.03 pm  |  Source: Reuters

Brent crude held above USD 100 a barrel on Wednesday, supported by fears that OPEC could cut oil supply if prices fall more, although data from major ...

Gold down on stronger dollar, ETF outflows  

24 Apr 2013, 12.10 pm  |  Source: Reuters

Gold fell more than 1 percent on Tuesday as a stronger dollar put pressure on prices and as the outflow from the world's biggest gold exchange-traded ...

Gold rebounds 1% but outlook clouded by ETFs, dollar  

24 Apr 2013, 11.35 am  |  Source: Reuters

Gold rose more than 1 percent on Wednesday on bargain hunting after a drop in the previous session, but pressure from a firm U.S. dollar, strong equit...

Gold to end 2013 down but not out : Reuters Poll  

23 Apr 2013, 9.21 pm  |  Source: Reuters

Gold prices are expected to end 2013 at USD 1,450-1,550 per ounce, only partly recovering from a recent brutal selloff that shook investor confidence ...

Gold rises for fourth day on global cues, local buying  

23 Apr 2013, 8.49 pm  |  Source: PTI

Gold prices maintained an upward trend for the fourth-straight day by adding Rs 200 to Rs 27,600 per 10 grams in the national capital today on sustain...

MCX Goldpetal April contract slips  

23 Apr 2013, 5.23 pm  |  Source: Moneycontrol.com

At 16:41 hrs MCX GOLDPETAL April contract was trading at Rs 2625 down Rs 12, or 0.46 percent. The GOLDPETAL rate touched an intraday high of Rs 2644 a...

MCX Silvermic August contract declines 2%  

23 Apr 2013, 5.22 pm  |  Source: Moneycontrol.com

At 16:43 hrs MCX SILVERMIC August contract was trading at Rs 44355 down Rs 905, or 2.00 percent. The SILVERMIC rate touched an intraday high of Rs 451...

Check out silver rates in Indian metro cities  

23 Apr 2013, 4.59 pm  |  Source: Moneycontrol.com

In Mumbai market on Tuesday, silver 999 was trading at Rs 45240 per 1 kg while in Chennai, the commodity was at Rs 44500 per 1 kg....

Check out: Gold rates in major cities in India  

23 Apr 2013, 4.51 pm  |  Source: Moneycontrol.com

In Mumbai market, the Gold 995 is trading at Rs 26755 per 10 gram while in Delhi market, it is trading at Rs 27400 per 10 gram....

Gold eases from one-week high; bargain buying in play  

23 Apr 2013, 3.55 pm  |  Source: Reuters

Indian gold eased from its highest level in a week on Tuesday in line with global markets, triggering bargain buying by physical traders waiting to st...