BUSINESS
Gold prices touch Rs 49,000/10 gram ahead of Budget; silver gains Rs 3,759 a kg
The gold/silver ratio currently stands at 70.83 to 1, which means the number of silver ounces required to buy one ounce of gold.
BUSINESS
Copper futures marginally down at around Rs 599 per kg on firm dollar
In the futures market, copper for February delivery touched an intraday high of Rs 607.80 and a low of Rs 595.35 per kg on the MCX.
BUSINESS
Crude oil futures remain flat at Rs 3,837; brent trades above $55 a barrel
In the futures market, crude oil for February delivery touched an intraday high of Rs 3,843 and an intraday low of Rs 3,801 per barrel on the MCX.
BUSINESS
Retail frenzy pushes silver prices above Rs 70,000/kg, forces traders to cover short positions
In the futures market, silver for March delivery touched an intraday high of Rs 70,682 and a low of Rs 68,353 per kg on the MCX.
BUSINESS
Natural gas futures up 1.34% to Rs 196.30 per mmBtu on positive overseas cues
In the futures market, natural gas for February delivery touched an intraday high of Rs 198.30 and an intraday low of Rs 195 per mmBtu on MCX.
BUSINESS
Gold prices flat at Rs 48,986/10 gm, India jewellery demand falls 42% in 2020
Gold holdings in SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund decreased by 3.2 tonnes to 1,169.16 tonnes on weaker investor interest.
BUSINESS
Crude oil futures drop 0.77% to Rs 3,863 per barrel on demand concern
In the futures market, crude oil for February delivery touched an intraday high of Rs 3,860 and an intraday low of Rs 3,828 per barrel on the MCX.
BUSINESS
Silver futures slip 0.73% to Rs 66,049 per kg on firm dollar
In the futures market, silver for March delivery touched an intraday high of Rs 66,095 and a low of Rs 65,501 per kg on the MCX.
BUSINESS
Natural gas futures slip 2.65% to Rs 194.50 per mmBtu ahead of inventory report
In the futures market, natural gas for February delivery touched an intraday high of Rs 198.20 and an intraday low of Rs 192.70 per mmBtu on MCX.
BUSINESS
MCX Natural gas tumbles nearly 10% to Rs 179.80 per mmBtu this week, outlook bullish
The number of rigs drilling natural gas in the US rose by 3 at 88 rigs for the week to January 22, said Baker Hughes in a weekly report.
BUSINESS
Crude oil outlook weakens on US inventory build-up, rising COVID cases; gains 0.34% this week on MCX
The US Energy Information Administration (EIA) reported that US crude inventories rose 4.4 million barrels for the week to January 15.
BUSINESS
Gold rises 1% to Rs 49,190/10 gm, silver up 3% this week; key events, technicals and strategy
Sriram Iyer, Senior Research Analyst at Reliance Securities, stated that MCX Gold is holding well above its 200-DMA support which is placed at Rs 48,555 levels.
BUSINESS
Copper futures slip over 2% to Rs 598 per kg
In the futures market, copper for January delivery touched an intraday high of Rs 607.80 and a low of Rs 595.35 per kg on the MCX.
BUSINESS
Gold prices tank to Rs 49,140 per 10 gm on rising bond yields; silver crashes by Rs 1,368 a kg
The broader trend on COMEX could be in the range of $1,845- 1,880 and on domestic front prices could hover in the range of Rs 49,150- 49,530.
BUSINESS
Silver futures fall 1.1% to Rs 66,560 a kg on firm dollar, resistance seen at Rs 66,900
The spot gold/silver ratio currently stands at 73.02 to 1, indicating that gold has outperformed silver.
BUSINESS
Natural gas futures slip 3.4% to Rs 177.30 per mmBtu ahead of inventory report
In the futures market, natural gas for January delivery touched an intraday high of Rs 182.10 and a low of Rs 177.10 per mmBtu on MCX.
BUSINESS
Copper futures firm at Rs 612.85 per kg on demand uptick
In the futures market, copper for January delivery touched an intraday high of Rs 614.85 and a low of Rs 612.15 per kg on the MCX.
BUSINESS
Gold prices rise by Rs 397 to Rs 49,659/10 gm on weak dollar; silver gains by Rs 1,172 a kg
The gold/silver ratio currently stands at 73.94 to 1, which means the number of silver ounces required to buy one ounce of gold.
BUSINESS
Crude oil futures drop 1% to Rs 3,871 per barrel on weak demand, rise in US inventory
In the futures market, crude oil for February delivery touched an intraday high of Rs 3,896 and an intraday low of Rs 3,864 per barrel on MCX.
BUSINESS
Crude palm oil futures ease to Rs 930.90 per 10 kg in afternoon trade
In the futures market, Crude Palm Oil (CPO) for January delivery touched an intraday high of Rs 938 and an intraday low of Rs 926.70 per 10 kg on MCX.
BUSINESS
Silver futures rise 0.75% to Rs 67,490 a kg on strong demand, dollar weakness
The spot gold/silver ratio currently stands at 72.23 to 1, indicating that silver has outperformed gold.
BUSINESS
Natural gas futures up 0.44% to Rs 181.70 per mmBtu, bias remains on downside
In the futures market, natural gas for January delivery touched an intraday high of Rs 186.30 and an intraday low of Rs 180.40 per mmBtu on MCX.
BUSINESS
Gold price slips below Rs 49,000 per 10 gram on firm dollar
The broader trend on COMEX could be in the range of $1800- 1865 and on domestic front prices could hover in the range of Rs 49,120- 48,300, said Damani.
BUSINESS
Copper futures jump 0.92% to Rs 610.85 per kg, experts see further upside
In the futures market, copper for January delivery touched an intraday high of Rs 612.45 and a low of Rs 605.40 per kg on the MCX.
