BUSINESS
Natural gas futures skid 14.48% on profit-booking
Market participants now look forward to EIA weekly inventory report scheduled for release later today.
BUSINESS
Gold prices rise to Rs 46,845/10 gm on rupee depreciation; silver slips by Rs 321
The broader range on COMEX could be $1735-1775, and on the domestic front, prices could hover in the range of Rs 46,520- 46,960.
BUSINESS
Silver prices dip below Rs 60,500/kg as dollar strengthens
The US dollar index was up by 0.69 percent at 94.42 against the major currencies in the afternoon session.
BUSINESS
Crude oil prices retreat after touching fresh 52 week high of Rs 5,956/barrel
The momentum indicator Relative Strength Index is at 77.54, which indicates an overbought level in the prices.
BUSINESS
Natural gas futures hit 13-year high at Rs 483.20/mmBtu
The commodity has been trading higher than its 5, 20, 50, 100, and 200-day simple moving averages and exponential moving averages on the daily chart
BUSINESS
Gold prices rise by Rs 288 to Rs 46,682/10 gm on strong demand; Silver up Rs 908 a kg
Tapan Patel- Senior Analyst (Commodities), HDFC Securities expects gold prices to trade sideways to down with COMEX spot gold resistance at $1,770 and support at $1,740 per ounce.
BUSINESS
Crude oil above Rs 5,800 a barrel, highest since 2014
Brent crude has given a breakout above the 50-day moving average, suggesting further upside. OPEC decision to gradually hike production and increasing global demand are expected to support prices, say experts
BUSINESS
Silver prices fall below Rs 60,800 a kg on firm dollar, weak gold
The spot gold-silver ratio was at 77.85 to 1, indicating that silver had outperformed gold.
BUSINESS
Natural gas futures rise for second day in a row on bullish global trend
The momentum indicator Relative Strength Index is at 68.66, which suggests a positive movement in the price.
BUSINESS
Gold prices slightly dip to Rs 46,394/10 gm on global cues, ETF outflow; silver up Rs 416 a kg
The broader range on COMEX could be between $1730- 1772 and on the domestic front, prices could hover in the range of Rs 46,180- 46,820, said Damani.
BUSINESS
Crude oil prices rise on high demand, dollar downtick; Brent crosses $81 a barrel
The momentum indicator Relative Strength Index is at 70.70, which indicates a buy in the prices.
BUSINESS
Silver prices slip below Rs 60,500 per kg on subdued gold trend; traders add long positions
The momentum indicator Relative Strength Index was at 43.29, indicating a bearish trend in the price.
BUSINESS
Natural gas futures stay positive after 11.7% surge last week
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
Natural gas prices up 11.7% this week; choppy trade likely with upward momentum
The gas prices have been trading higher than the 5, 20, 50, 100, and 200-day simple and exponential moving averages on the daily chart
BUSINESS
Gold prices rise by Rs 583 to Rs 46,434/10 gram, silver spikes by Rs 1,463 a kg
Patel expects gold prices to trade sideways to higher with COMEX spot gold resistance at $1770 and support at $1740 per ounce.
BUSINESS
Silver prices climb back above Rs 59,600/kg on positive global cues
The momentum indicator Relative Strength Index (RSI) was at 39.56, indicating softness in the price.
BUSINESS
Natural gas futures jump 3% in afternoon trade
The momentum indicator Relative Strength Index is at 70.76, which indicates a buy in the price.
BUSINESS
Gold prices decline 3.43% in September to Rs 45,851/10 gm; silver crashes Rs 1,734 a kg
The broader range on COMEX could be between $1700- 1750 and on the domestic front, prices could hover in the range of Rs 45,700-46,235, said Damani.
BUSINESS
Natural gas recovers after sharp selloff on September 29, gains over 30% this month
It has delivered a return of 127.68 percent so far in 2021 in the domestic bourse making it the top-performing asset across all classes.
BUSINESS
Silver price breaches Rs 58,500/kg as dollar slips; support seen at Rs 57,000 level
Technically if LBMA Silver continues below $22.00 level the markets could continue its downside momentum up to $21.20-$20.50 levels, while resistance is at $21.80-$22.10 levels, said Iyer.
BUSINESS
Gold snaps 5-day losing streak, up Rs 281 on positive global cues, weaker rupee; silver nears Rs 60,000/kg
The broader range on COMEX could be between $1,725-1,760 and on the domestic front, prices could hover in the range of Rs 45,750-46,370, said Damani.
BUSINESS
Silver prices slip near to Rs 60,000/kg on firm dollar, volatility in gold and industrial metals
Technically, if MCX Silver December continues to trade below Rs 60,300 level we could see the Bearish momentum continue up to Rs 59,900-59,000 levels whereas resistance is at Rs 60,800-61,200 levels, said Iyer.
BUSINESS
Natural gas futures rise for 6th day on supply concerns; choppy cues expected
The prices were supported by the forecast of warm weather for the next two weeks which could boost cooling demand.
BUSINESS
Gold prices dip to Rs 46,170/10 gm on muted global cues, firm dollar; silver down Rs 69 a kg
MCX Gold October support lies at Rs 45,800 and resistance at Rs 46,300 per 10 gram, said Patel.
