BUSINESS
Crude palm oil at all-time high on strong demand; analysts maintain bullish outlook
The momentum indicator Relative Strength Index is at 61 which indicates bullish movement in prices.
BUSINESS
Crude oil may see rebound in demand: Check outlook, strategy for coming week
The market continued to show signs of strength and confidence that global demand can continue to go higher despite a rise in COVID-19 cases in India.
BUSINESS
Copper hits all-time high levels on rising demand, forms cup and handle chart pattern
Copper future has formed a cup and handle chart pattern on the daily chart and the price has remained in quite bullish suggestion for the coming week.
BUSINESS
Lead prices hit fresh lifetime high on MCX on firm demand; outlook remains bullish
The momentum indicator Relative Strength Index is at 58.73 which indicates positive movement in prices.
BUSINESS
Is silver ready to outshine gold, after rising 6% to Rs 71,500/kg this week?
The Relative Strength Index sustaining above mid-level of 50 and MACD above zero line indicating strength in price.
BUSINESS
MCX natural gas prices fall to Rs 217.30/mmBtu this week; experts back sell-on-rise strategy
Traders should keep an eye on the sell-on-rise opportunity in MCX natural gas futures from the resistance level of around Rs 208-209.
BUSINESS
Copper in unchartered territory as price hits lifetime on LME, COMEX and MCX on surging demand
A steady decline in the Copper inventories in the LME monitored warehouse further signalled towards a tighter market which further strengthened the prices.
BUSINESS
Crude palm oil touches fresh lifetime high on firm demand, strong global cues
The market is trading in a strong uptrend and any dip in prices should be used as a buying opportunity for investors, said Purohit.
BUSINESS
Gold rises for 3rd day to Rs 47,484/10 gm, crosses 100-day EMA and SMA; Silver dearer by Rs 1,535
Gold prices were boosted by a fall in the dollar index and a decline in US bond yields.
BUSINESS
Crude oil futures fall amid rising coronavirus cases; Platts see it at $70/bbl by mid-year
The oil price has come under pressure after testing the highest level since early March.
BUSINESS
Natural gas futures trade in tight range amid lack of fresh triggers
On the MCX Natural Gas May resistances remain at Rs 218.40-221.30 whereas supports are at Rs 213.60-211.50 levels.
BUSINESS
Silver eases after sharp rally; heading toward $28/oz, says Motilal Oswal
Both the momentum indicators RSI and MACD are also confirming positive moves for the metal.
BUSINESS
MCX Aluminium hits lifetime high, LME price nears $2,500/tonne amid supply disruption
Mounting supply side stress amid an improved demand outlook for aluminium and other industrial metals might continue to support the prices in the near term.
BUSINESS
MCX Copper nears lifetime high, LME surges above $10,000/tonne on resumption in economic activity
The reopening of economies and speculative buying was the trigger for the move higher.
BUSINESS
Gold prices near Rs 47,000/10 gm as US dollar slides; silver rises Rs 465 a kg
As long as prices stay above $1,760 we can expect the positive bias to remain intact but it is required to close above $1800 to continue major rallies, said Hareesh V.
BUSINESS
Crude oil turns choppy on surging COVID-19 cases; pares gains
Crude oil prices are fluctuating between pandemic worries and economic recovery raising demand hopes.
BUSINESS
Silver climbs above Rs 70,000/kg on improving industrial demand, dollar weakness
The trend in US dollar and bond yields may continue to affect gold and silver and the focus will be on economic data from major economies.
BUSINESS
Natural gas prices subdued on muted global cues, focus shift to weekly inventory report
The weather-related demand is likely to subside amid forecasts of seasonal weather in the coming days.
BUSINESS
Copper price rises on stronger economic outlook and demand prospects
Copper prices continued upside despite a boost in output from major mine and a rise in Shanghai inventories.
BUSINESS
Gold price rises to Rs 46,900/10 gm amid firm global cues, silver climbs Rs 675 a kg
The broader range on COMEX could be between $1758- $1800 and on the domestic front, prices could hover in the range of Rs 46,760- Rs 47,220, said Navneet Damani, Vice President, Motilal Oswal.
BUSINESS
Crude oil prices remain flat at Rs 4,721 per barrel on demand concerns; money managers raise net long positions
Crude prices may reflect volatility in the larger financial market; however, a sharp rise is unlikely until the virus situation is under control.
BUSINESS
Silver price climbs above Rs 68,000/kg on firm global trend, weak dollar
The spot gold/silver ratio currently stands at 68.07 to 1 indicating that silver has outperformed gold.
BUSINESS
Natural gas futures up 1% to Rs 220/mmBtu; expert suggests buy-on-dip strategy
The momentum indicator Relative Strength Index (RSI) is at 65.90, which indicates upbeat movement in the prices.
BUSINESS
Copper heads toward fresh all-time high on bullish momentum, surges 2% to Rs 753.95/kg on MCX
Sentiment is likely to be positive in base metals, copper & nickel in particular due to rising Chinese demand, weaker US dollar and continued stimulus support.
