BUSINESS
Crude oil retreats on lower demand concern; focus on weekly inventory report
Crude may remain range-bound ahead of inventory report and prices may weaken if EIA report fails to surprise.
BUSINESS
Silver prices trade steady amid firm gold, slide in dollar
Technically, if LBMA Silver trades above the $26.40 level, we could continue to witness the bullish momentum up to $26.65-$27.20 levels.
BUSINESS
Natural gas futures close in on fresh 52-week high on increased demand, tighter stocks
The momentum indicator RSI is at 67.16, which suggests strength in the price.
BUSINESS
Jewellers see fall in fresh gold sales; more Indians parting way with silver heirloom to tide over financial crunch
Jain said, "Clients who have weddings in their family are exchanging scrapped and old gold jewellery with new ornament while fresh jewellery sales are very minimal.'
BUSINESS
Crude oil rises on tighter supply, OPEC stalemate; WTI trades jump above $74 a barrel
Amid other factors, support from firmer equities, delay in Iran talks and lower US crude stocks is countered by rising virus cases, concerns about Chinese demand and signs of rising US output.
BUSINESS
Silver prices fall marginally on firm dollar; all eyes on US inflation data
The spot gold/silver ratio currently stands at 69.13 to 1 indicating that silver has outperformed gold.
BUSINESS
Natural gas futures trade firm on forecast of warmer weather, trades above key averages
The commodity has been trading higher than 5, 20, 50, 100 and 200 days' simple moving averages and exponential moving averages on the daily chart.
BUSINESS
Gold prices flat at Rs 47,846/10 gm amid volatile trade, firm rupee; silver declines Rs 204 a kg
Gold may remain choppy amid lack of fresh cues however increasing challenges may improve safe-haven appeal.
BUSINESS
Crude oil prices slump on rising Delta variant cases; Brent trades below $75/bbl
Crude oil is likely to remain volatile unless there is clarity from OPEC however rising virus concerns and the prospect of higher supply may keep pressure on price.
BUSINESS
Silver prices slide below Rs 69,000/kg on weak gold, dollar uptick; experts recommend sell-on-rise strategy
The momentum indicator Relative Strength Index is at 46.43, which indicates weakness in the price.
BUSINESS
Natural gas futures fall on weak global trend, rising rig count; support seen at Rs 267 on MCX
The commodity has been trading higher than 20, 50, 100 and 200 days' moving averages but lower than the 5-day moving averages on the daily chart.
BUSINESS
Rising fuel price to have cascading effect on essential goods, limit purchasing power of consumers: Dow's Fiona Boal
Boal said the energy transition will be complex and will depend heavily on technology, government support, access to capital, strength and breadth of global commitment, and if possible reverse, the impacts of climate change.
BUSINESS
Gold prices slump by Rs 461 to Rs 47,863/10 gm, gains 0.58% in the week; silver falls
Gold may remain choppy near $1,800/oz as safe haven buying will be countered by Fed's rate hike expectations.
BUSINESS
Oil prices rise 1.5% on strong global trends; Brent trades above $74 a barrel
The black gold has been trading higher than 20, 50, 100 and 200 days' simple moving averages but lower than the 5-day moving averages on a daily chart.
BUSINESS
Silver prices steady amid slide in dollar, choppiness in gold
Silver has witnessed choppy trade in the last few sessions amid directionless trade in gold and industrial metals.
BUSINESS
Natural gas futures modestly lower after sharp rally; bullish momentum expected
The commodity has been trading higher than 20, 50, 100 and 200 days' simple moving averages and but lower than the 5-day moving averages on the daily chart.
BUSINESS
Gold prices jump to Rs 48,324 per 10 gram on safe-haven appeal; silver slumps
Gold may remain supported if US dollar continues to fall and the bond yields remain at lower levels.
BUSINESS
Silver prices flat at Rs 69,428 per kg on tepid global cues
The spot gold/silver ratio currently stands at 69.38 to 1 indicating that gold has outperformed silver.
BUSINESS
Gold prices reclaim Rs 48,000 per 10 gm on rupee depreciation; silver slumps Rs 436 a kg
The broader range on COMEX could be between $1,788 and $1,815 and on the domestic front, prices could hover in the range of Rs 47,500- 48,150.
BUSINESS
Silver prices manage to hold above Rs 70,000/kg ahead of FOMC minute, weaker dollar
The spot gold/silver ratio currently stands at 68.45 to 1 indicating that gold has outperformed silver.
BUSINESS
Gold prices near Rs 48,000/10 gm on safe-haven appeal, FOMC minutes; silver soars
The gold/silver ratio currently stands at 68.64 to 1, which means 68.64 ounces of silver is required to buy an ounce of gold.
BUSINESS
Crude oil hits fresh 52-week high after OPEC+ fail to agree production plan; Brent inches near $78 a barrel
Patel expects crude oil prices are expected to trade up for the day with resistance at $78 and support at $76 per barrel.
BUSINESS
Silver price rises above Rs 70,500/kg as dollar retreat; trading above major averages
Technically, LBMA Silver holds a 200-Daily Moving Average at $26.40 level above which could continue to push prices up to $26.75-$27.40 levels.
BUSINESS
Natural gas futures hit fresh 52 week high on strong cooling demand; momentum positive
The momentum indicator RSI is at 81.77, which indicates an overbought level in the price.
