BUSINESS
Silver prices slip below Rs 72,000/kg tracking weakness in gold, industrial metals
The spot gold/silver ratio currently stands at 67.68 to 1 indicating that gold has outperformed silver.
BUSINESS
Natural gas futures slip ahead of EIA weekly inventory report
Natural gas is also weighed down by concerns about Asian demand amid rising coronavirus cases.
BUSINESS
Copper prices soar on supply disruption, lower inventory; speculator cut net long positions
LME supplies for copper are in deficit for the day which may strengthen the bull run.
BUSINESS
Crude oil rises on improving demand, Brent trades above $69 a barrel
Crude oil prices are expected to trade sideways to higher for the day with resistance at $68 and support at $64 per barrel.
BUSINESS
Gold prices give a breakout above 200-day SMA, rise above Rs 48,000/gm; Silver up Rs 1,375 a kg
International gold is trading with marginal sideways to positive bias after breaching the resistance of $1,838-1,846 levels.
BUSINESS
Cotton futures remain marginally higher at Rs 22,130 per bale on firm global cues
CAI has lowered Indian cotton consumption estimates by 15 lakh bales, which is negative for cotton prices.
BUSINESS
Silver prices inch closer to Rs 72,000/kg; forms bullish Engulfing Candlestick
Technically, LBMA Silver could trade on bullish momentum up to $27.90-$28.30 levels.
BUSINESS
Natural gas prices rise on cooling demand; speculators increase net long positions
The weather is expected to remain warmer than normal for most of the next two weeks, which could put some upward pressure on cooling demand and cap further downside.
BUSINESS
Silver drops 0.59% for the week on strong rupee, ETF outflow; resistance seen at Rs 72,700-74,300 levels
If LBMA Silver trades above $26.70 level, we could see a positive momentum up to $27.80-$29.70 levels.
BUSINESS
Copper rally pauses on increase in margin, firm dollar; experts suggest buy-on-dip strategy for investors
The only question for investors is whether China will introduce measures to curb higher prices.
BUSINESS
Gold outlook: Precious metal on verge of big breakout; price heads toward Rs 50,000 per 10 gm
Analysts expect gold prices to trade up in the coming week with COMEX spot gold resistance at $1,860 per ounce and support at $1,800 per ounce. The break above $1,860 may lead prices towards $1,890 levels.
BUSINESS
Zinc prices plunge 2.76% on MCX; outlook remains bullish
The momentum indicator Relative Strength Index is at 49.37 which indicates neutral movement in prices.
BUSINESS
Crude palm oil to continue bullish momentum, up 1.4% during the week
The momentum indicator Relative Strength Index is at 62.67, which indicates bullish movement in the prices.
BUSINESS
Natural gas price drops to Rs 216.40 per mmBtu; experts suggest buy-on-dips strategy
Natural gas prices attempted to break out on Friday but failed to push through resistance and fell back to short-term support.
BUSINESS
Crude oil outlook turns bullish on recovering demand, analysts expect higher levels
As economies open in the US and Europe, pend up demand from these nations will lend support as the driving season in the United States gather momentum.
BUSINESS
Crude oil rises on hopes of demand recovery; WTI trades above $65/bbl
The momentum indicator Relative Strength Index (RSI) is at 53.58 indicating sideways movement in prices.
BUSINESS
Copper price eases on profit booking, tightening credit in China
Copper prices fell on Friday, with the London contract set for its first weekly decline in more than a month, on worries of tightening credit that could potentially cap demand for the metal.
BUSINESS
Gold prices flat at Rs 47,757/10 gram, Axis Securities sees price at Rs 53,000 level by year-end; Silver drops
Gold may remain choppy reflecting volatility in the US dollar however we expect buying interest to emerge at lower levels as Fed is likely to maintain a dovish stance.
BUSINESS
Cotton price drops on lower demand, increase area under cultivation
The government has allowed mills to operate but markets are closed so mills are facing a cash crunch.
BUSINESS
Silver prices rise near Rs 71,000/kg on ETF inflows, US dollar pullback
The momentum indicator Relative Strength Index (RSI) is at 57.83, which indicates bullish movement in prices.
BUSINESS
Natural gas marginally lower on subdued global trend, inline inventory data
The commodity has been trading higher than 5, 20, 50, 100 and 200 days' moving averages on a daily chart.
BUSINESS
Blockchain technology will play pivotal role in agri-tech sector: Origo Commodities
Origo Co-Founder and Director Sunoor Kaul believes the agri space is likely to become more democratised, considering people of all denominations and financial standing will be availing credit, direct access to commodity supplies and sales, top-class warehousing solutions, etc.
BUSINESS
Gold prices slide globally on broad asset sell-off, stronger US dollar
The momentum indicator Relative Strength Index (RSI) is at 53.68 which indicates sideways momentum in prices.
BUSINESS
Gold breaks out after brief consolidation, climbs 2.19% this week; bullish momentum to sustain: Experts
In the medium to long term horizon, gold and silver could continue their upside momentum supported by the dovish Fed.
