BUSINESS
Gold prices modestly lower on sharp appreciation in rupee, silver rises Rs 676 a kg
The broader range on COMEX could be between $1776- 1803 and on the domestic front, prices could hover in the range of Rs 47,200- 47,600, said Damani.
BUSINESS
Crude oil trades with modest gain ahead of OPEC+ decision; Brent jumps above $76 a barrel
The crude oil demand outlook is bright as fuel demand is recovering on increased travel in summer season and eased lockdown measures.
BUSINESS
Silver prices jump above Rs 70,000 per kg on weak dollar; traders increase net long position
The momentum indicator Relative Strength Index is at 55.16, which indicates upbeat movement in the price.
BUSINESS
Natural gas futures continue uptrend on global cues; analysts suggest buy on dips
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 gain for 2nd straight day to touch Rs 47,587/10 gm, rises 0.80% in the week; silver slips
Gold has edged up amid some buying interest at the start of a new quarter and renewed virus concerns however general bias remains weak owing to Fed's tightening outlook.
BUSINESS
Nickel outlook turns bullish on lower inventory, higher demand
The manufacturing and economic data in the United States, China, European Union and India has been reported to be positive over the month which is expected to support Nickel prices, Subramaniam said.
BUSINESS
Oil prices rise marginally ahead of OPEC decision; WTI trades above $75 a barrel
Crude may remain choppy ahead of OPEC decision; however general bias remains positive as the cartel is expected to maintain gradual production hikes.
BUSINESS
Silver price jumps above Rs 69,500/kg but firm dollar restrict upside
Technically, LBMA Silver resistances are at $26.40 and $26.90 and supports are at $25.80 and $25.60.
BUSINESS
Natural gas futures up 0.33% to Rs 273.20 per mmBtu; RSI in overbought territory
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 soar by Rs 510 to Rs 47,263/10 gm on rupee weakness; silver trades higher by Rs 1,328/kg
Gold has bounced back after taking support near $1,750/oz level but may remain under pressure as Fed's monetary tightening expectations may keep US dollar supported.
BUSINESS
Crude oil rises on strong demand outlook, drawdown in inventory; climbs 55.76% in H1 2021
Crude may remain sideways ahead of OPEC meeting but the general bias remains positive as OPEC may maintain gradual production hike stance.
BUSINESS
Silver prices edge higher on firm global cues, fall 1.49% in first half of 2021
The spot gold/silver ratio currently stands at 67.66 to 1, indicating that silver has outperformed gold.
BUSINESS
Natural gas futures jump 2% on firm global trend, rise 50% in first half of 2021
Flat domestic production, strong export demand and low storage have set a bullish momentum for this summer.
BUSINESS
Crude oil prices near 52-week high ahead of EIA inventory report; WTI trades above $74 a barrel
The black gold has been trading higher than 5, 20, 50, 100 and 200 days' simple moving averages and exponential moving averages on a daily chart.
BUSINESS
Gold prices fall for 4th straight day to Rs 46,753/10 gm, tumbles 4.65% in June; silver flat
The bullion may witness choppy trade but general bias might be weak owing to Fed's tightening expectations.
BUSINESS
Natural gas futures rise for sixth day in a row, jumps over 24% in June
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 down for 3rd day to Rs 47,008/10 gm on firm dollar; silver slumps Rs 398
The gold/silver ratio currently stands at 69.32 to 1, which means 69.32 ounces of silver is required to buy an ounce of gold.
BUSINESS
Oil prices fall for second straight day on coronavirus concerns, profit booking; Brent slips below $74 a barrel
The momentum indicator Relative Strength Index is at 64.43, indicating bullish movement in prices.
BUSINESS
Silver prices slide on dollar rebound; weakness in gold and industrial metals
The momentum indicator Relative Strength Index (RSI) is at 37.01, which indicates weakness in the price.
BUSINESS
Natural gas futures steady at Rs 267.90/mmBtu; trading above major averages
The commodity has been trading higher than 5, 20, 50, 100 and 200-days' simple moving averages and exponential moving average on the daily chart.
BUSINESS
Gold price falls by Rs 116 to Rs 47,089/10 gm on weak global cues; silver cheaper by Rs 263
The broader range on COMEX could be between $1770 - $1795 and on the domestic front, prices could hover in the range of Rs 46,780- Rs 47,280, said said Navneet Damani, VP – Commodities Research at Motilal Oswal Financial Services.
BUSINESS
Crude oil eases after touching fresh 52-week high; focus shift to OPEC+ meet
The black gold has been trading higher than 5, 20, 50, 100 and 200 days' simple moving averages and exponential moving averages on a daily chart.
BUSINESS
Silver prices steady at Rs 67,943 per kg as US dollar weaken; speculators reduce net long position
Technically, if LBMA Silver sustains above $26.00 level and will continue its bullish momentum up to $26.30-$26.90 levels.
BUSINESS
Natural gas futures soar 0.88% to Rs 263.50 per mmBtu; speculators raises net long positions
The commodity has been trading higher than 5, 20, 50, 100 and 200-days' simple moving averages and exponential moving average on the daily chart.
