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Sandeep Sinha

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Silver prices slide below Rs 65,500/kg as US Treasury yield, dollar rebound

BUSINESS

Silver prices slide below Rs 65,500/kg as US Treasury yield, dollar rebound

The spot gold-silver ratio was at 73.66 to 1, indicating that silver had outperformed gold.

Gold prices jump above Rs 47,500/10 gm on firm global trend, festive demand; Silver costlier by Rs 1,386 a kg

BUSINESS

Gold prices jump above Rs 47,500/10 gm on firm global trend, festive demand; Silver costlier by Rs 1,386 a kg

The broader range on COMEX could be between $1,755-1,790 and on the domestic front, prices could hover in the range of Rs 47,050- 47,650, said Navneet Damani, VP – Commodities Research at Motilal Oswal Financial Services..

Silver shines brighter at Rs 64,500 a kg on positive trends in gold

BUSINESS

Silver shines brighter at Rs 64,500 a kg on positive trends in gold

The spot gold-silver ratio was at 74.25 to 1, indicating that silver had outperformed gold.

Natural gas futures trade flat in the afternoon session

BUSINESS

Natural gas futures trade flat in the afternoon session

The commodity has been trading higher than 50, 100, and 200-day simple and exponential moving averages but lower than the 5 and 20 days SMA and EMA on the daily chart

Gold prices climb above Rs 47,500/10 gm on positive global trend, weaker dollar

BUSINESS

Gold prices climb above Rs 47,500/10 gm on positive global trend, weaker dollar

The spot gold-silver ratio currently stands at 74.20 to 1, which means 74.20 ounces of silver is required to buy an ounce of gold.

Silver hovers on Rs 64,000 riding on metals rally, weak dollar index

BUSINESS

Silver hovers on Rs 64,000 riding on metals rally, weak dollar index

Buying for the short-term will be recommended for the metal and price sustained break above Rs 63,925 will lead the move towards Rs 65,780 and majorly it also has the potential to test Rs 70,000 mark, said Motilal Oswal's Jigar Dharamshi.

Natural gas futures plunge 15.79% from last week's high on profit-booking

BUSINESS

Natural gas futures plunge 15.79% from last week's high on profit-booking

The momentum indicator Relative Strength Index (RSI) is at 44.80, which indicates a bearish movement in the price.

Gold prices slip to Rs 47,384/10 gm as US bond yields rise; silver down Rs 180 a kg

BUSINESS

Gold prices slip to Rs 47,384/10 gm as US bond yields rise; silver down Rs 180 a kg

The broader range on COMEX could be between $1735- 1780 and on the domestic front, prices could hover in the range of Rs 47,020- 47,535, said Damani.

Natural gas futures continue to fall after 3% drop last week, money managers cut net long positions

BUSINESS

Natural gas futures continue to fall after 3% drop last week, money managers cut net long positions

The short-term trend for natural gas has turned weak as the price slipped below the 5 and 20 days moving averages and stochastic RSI, demonstrating overbought levels.

Gold prices rise above Rs 48,000 per 10 gm ahead of Dussehra; silver soars Rs 1,154 a kg

BUSINESS

Gold prices rise above Rs 48,000 per 10 gm ahead of Dussehra; silver soars Rs 1,154 a kg

Gold prices are expected to trade sideways to up with COMEX spot gold resistance at $1,810 and support at $1,780 per ounce.

Crude oil prices climb above Rs 6,100 per barrel on strong demand, supply woes

BUSINESS

Crude oil prices climb above Rs 6,100 per barrel on strong demand, supply woes

Market participants will take further cues from weekly EIA inventory data to be released later in the day.

Silver price gives breakout above 50-day SMA and EMA to trade above Rs 63,000/kg

BUSINESS

Silver price gives breakout above 50-day SMA and EMA to trade above Rs 63,000/kg

"Silver may witness choppy trade along with gold and industrial metals; however, we expect gold to benefit from rising global risks and this may result in dip-buying interest in silver as well," said Kotak Securities.

Natural gas futures rise nearly 3.5% on supply crunch; weekly inventory report in focus

BUSINESS

Natural gas futures rise nearly 3.5% on supply crunch; weekly inventory report in focus

Natural gas has been trading higher than 5, 20, 50, 100, and 200-day simple and exponential moving averages on the daily chart.

Natural gas futures fall on tepid global cues

BUSINESS

Natural gas futures fall on tepid global cues

Natural gas has been trading higher than 20, 50, 100, and 200-day simple and exponential moving averages but lower than the five-day SMA and EMA on the daily chart.

Gold prices rise to Rs 47,335/10 gm on rupee slide; silver up by Rs 148

BUSINESS

Gold prices rise to Rs 47,335/10 gm on rupee slide; silver up by Rs 148

The bullion metal remained steady on major platforms as surging inflation and risk aversion sentiments improved appeal for the yellow metal.

Silver moves above Rs 61,800 on sliding rupee, subdued trend in gold and dollar

BUSINESS

Silver moves above Rs 61,800 on sliding rupee, subdued trend in gold and dollar

The spot gold-silver ratio was at 77.97 to 1, indicating that gold outperformed silver

Natural gas futures slide for fourth day in a row; price drops below Rs 400/mmBtu

BUSINESS

Natural gas futures slide for fourth day in a row; price drops below Rs 400/mmBtu

Natural gas has been trading higher than 50, 100, and 200-day simple moving averages but lower than the 5 and 20 days' moving averages on the daily chart.

Gold prices soar to Rs 47,102/10 gm on weaker rupee, silver climbs Rs 410 a kg

BUSINESS

Gold prices soar to Rs 47,102/10 gm on weaker rupee, silver climbs Rs 410 a kg

Tapan Patel- Senior Analyst (Commodities) at HDFC Securities expects gold prices to trade sideways to higher with COMEX spot gold resistance at $1770 and support at $1740 per ounce.

Silver eases to Rs 61,500 on weaker rupee, tepid gold

BUSINESS

Silver eases to Rs 61,500 on weaker rupee, tepid gold

The white metal has been trading lower than the 50, 100, and 200-day simple and exponential moving averages but lower than the 5 and 20 days’ SMA and EMA on the daily chart.

Natural gas futures rise on firm demand; expert backs buy-on-dip strategy

BUSINESS

Natural gas futures rise on firm demand; expert backs buy-on-dip strategy

Money managers raised their net long positions by 2,015 lots last week, the CFTC data showed.

Silver prices near Rs 61,000/kg ahead of US jobs data, tepid gold, dollar

BUSINESS

Silver prices near Rs 61,000/kg ahead of US jobs data, tepid gold, dollar

The white metal has been trading lower than the 50, 100, and 200-day simple and exponential moving averages but lower than the 5 and 20 days’ SMA and EMA on the daily chart.

Natural gas futures head towards positive weekly close amid volatile trade

BUSINESS

Natural gas futures head towards positive weekly close amid volatile trade

The momentum indicator Relative Strength Index is at 58.62, which suggests strength in the price.

Gold prices touch Rs 46,918 per 10 gm as dollar slips; silver rises by Rs 801

BUSINESS

Gold prices touch Rs 46,918 per 10 gm as dollar slips; silver rises by Rs 801

Gold is expected to trade sideways to up with COMEX spot gold resistance at $1775 and support at $1750 per ounce.

Silver prices soar above Rs 61,000 per kg on industrial demand, dollar downtick

BUSINESS

Silver prices soar above Rs 61,000 per kg on industrial demand, dollar downtick

The spot gold-silver ratio stands at 77.55 to 1, indicating that silver has outperformed gold.

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