BUSINESS
Silver futures drop over 1% to Rs 66,625 per kg; downward bias likely to continue
The semi-precious metal has been trading higher than 100 and 200 day- moving averages but lower than 50, 20 and 5 day-moving averages on the daily chart for the May contract. The Relative Strength Index (RSI) is at 47.86 which indicates positive momentum in prices.
BUSINESS
Natural gas futures up nearly 1% at Rs 205.10 per mmBtu on positive global cues
MCX March Natural Gas holds resistance near Rs 206-209 levels and supports near Rs 200-198 levels, said Iyer.
BUSINESS
Gold prices plunge to Rs 45,976 per 10 gram, silver falls Rs 155 a kg
The gold/silver ratio currently stands at 67.15 to 1, which means the number of silver ounces required to buy one ounce of gold.
BUSINESS
Crude oil futures fall 0.26% to Rs 4,592 per barrel; money managers decrease long positions
The black gold has been trading higher than 5, 20, 50, 100 and 200 days' moving averages on the daily chart. The Relative Strength Index (RSI) is at 76.64 which indicates positive momentum in prices.
BUSINESS
Silver futures rise 1.34% to Rs 68,162 per kg on industrial demand
Silver holdings in iShares ETF fell by 57.7 tonnes to 19,156.60 tonnes on ETF outflow.
BUSINESS
Cotton futures rise 1.32% to Rs 22,180 per bale, Motilal Oswal suggests buy on dips strategy
MCX Cotton has been making higher peaks and higher troughs on the daily chart which indicates strength in the prices of the commodity.
BUSINESS
Natural gas futures dip 0.24% to Rs 205.40 per mmBtu
Traders must follow a buy-on-dips approach and the buy range is expected to be around Rs 197-198, say experts.
BUSINESS
Gold price falls sharply to Rs 46,446/10 gm on rising bond yields, silver rises by Rs 999 a kg
The gold/silver ratio currently stands at 66.13 to 1, which means the number of silver ounces required to buy one ounce of gold.
BUSINESS
MCX Crude oil futures for March series scale a fresh high of Rs 4,635 per barrel
The black gold has been trading higher than 5, 20, 50, 100 and 200 days' moving averages on the daily chart. The Relative Strength Index (RSI) is at 78.33 which indicates the price is nearing the overbought level.
BUSINESS
Silver surges above Rs 70,000 per kg as dollar index slides below 90
The metal has been trading higher than its 5, 20, 50, 100 and 200 day- moving averages on the daily chart. The Relative Strength Index (RSI) is at 54.57, which indicates a positive momentum in prices.
BUSINESS
Natural gas futures up 0.63% to Rs 206.30 per mmBtu on positive global cues
The commodity has been trading higher than 50, 100 and 200 days' moving averages but lower than 5 and 20 moving averages on a daily chart.
BUSINESS
Gold prices drop marginally to Rs 46,838/10 gm on firm rupee; silver declines Rs 504/kg
The broader range on COMEX could be between $1,795- 1,825, and on the domestic front, prices could hover in the range of Rs 46,550- 47,100.
BUSINESS
Crude oil futures jump 0.54% to Rs 4,499 per barrel; Brent trades near $65
In the futures market, crude oil for March delivery touched an intraday high of Rs 4,507 and an intraday low of Rs 4,427 per barrel on MCX.
BUSINESS
Silver futures gain 0.15% to Rs 69,448 per kg on improved industrial demand
Silver has been trading choppy as an improved outlook for industrial demands is countered by weaker investor interest.
BUSINESS
Natural gas futures fall 1.29% to Rs 206.30 per mmBtu on weak demand
Natural gas has been trading higher than 50, 100 and 200 days' moving averages but lower than 5 and 20 moving averages on a daily chart. The Relative Strength Index is at 48 which indicates low momentum in prices.
BUSINESS
Copper futures pare gains on profit-booking after hitting fresh high of Rs 725.80 per kg
The base metal is getting support from upbeat macros as well as fundamental factors.
BUSINESS
Gold price edges up for second day to Rs 46,917 per 10 gram, silver gains Rs 360 a kg
The gold/silver ratio currently stands at 67.28 to 1, which means the number of silver ounces required to buy one ounce of gold.
BUSINESS
MCX March Crude oil futures hit fresh high of Rs 4,566, Brent trades near $65 a barrel
Crude oil has bounced back sharply after a brief correction and may remain firm ahead of the inventory report which will give clarity on demand-supply impact from a recent cold snap in the US.
BUSINESS
Silver futures down 0.51% to Rs 70,074 per kg; gold-silver ratio at its lowest since August 2014
The spot gold/silver ratio currently stands at 64.75 to 1 indicating that silver has outperformed gold. The ratio has dropped to the lowest since August 1, 2014.
BUSINESS
Natural gas futures fall 0.38% to Rs 210.10 per mmBtu on muted global cues
In the futures market, natural gas for March delivery touched an intraday high of Rs 213.10 and an intraday low of Rs 208.50 per mmBtu on MCX.
BUSINESS
Gold rises to Rs 46,649 per 10 gm on bargain buying, silver jumps Rs 956 a kg
Spot gold soared by $12.83 to $1,796.96 an ounce at 1214 GMT in London trading.
BUSINESS
Crude oil futures climb 0.84% to Rs 4,340 on MCX, WTI crude trades below $60 a barrel
The CFTC data showed that money managers increased net long positions to 2 years high by 10,022 lots last week.
BUSINESS
Silver futures rise nearly 1% to Rs 69,473 per kg on demand uptick
The spot gold/silver ratio currently stands at 65.36 to 1 indicating that silver has outperformed gold.
BUSINESS
MCX Copper hits lifetime high of Rs 717.20 per kg on firm demand; LME Copper surges above $9,000 tonne
The fundamental outlook for copper is extremely bullish with no evidence that current price levels are yet stimulating softening effects to reverse both spot and forward fundamental tightening trend, says Motilal Oswal.
