BUSINESS
Crude oil futures rise 0.37% to Rs 3,839 per barrel, WTI trades flat at $52.42
In the futures market, crude oil for January delivery touched an intraday high of Rs 3,847 and an intraday low of Rs 3,801 per barrel on MCX.
BUSINESS
Silver futures up 0.45% to Rs 65,057 per kg on strong China data
In the futures market, silver for March delivery touched an intraday high of Rs 65,703 and a low of Rs 64,880 per kg on the MCX.
BUSINESS
Natural gas futures slide nearly 4% to Rs 191.80 per mmBtu on weak overseas cues
In the futures market, natural gas for January delivery touched an intraday high of Rs 199.20 and an intraday low of Rs 190.90 per mmBtu on MCX.
BUSINESS
Natural gas jumps 1.27% to Rs 200.20 per mmBtu this week on MCX, outlook bullish
The number of rigs drilling natural gas in the US rose by 1 at 85 rigs for the week to January 15, said Baker Hughes in a weekly report. The rigs count rose for the second straight week.
BUSINESS
Interview| Online gold loan business is gaining traction and NBFCs want to make the most of it: Indel Money CEO
The Kerala-based gold loan company is the first NBFC in the country to offer a two-year old gold loan product and mostly cater to the rural areas.
BUSINESS
Crude oil price rises 0.74% this week on MCX, Brent slips below $55 a barrel
Crude oil prices capped upside as a surge in virus cases across the world and lockdown measures in China raised concerns over fuel demand recovery.
BUSINESS
Gold price edges lower to settle at Rs 48,702/10 gm, silver plunges by Rs 1,703 a kg
Patel expects gold prices to trade sideways to down for the short term with COMEX spot gold having resistance near $1,870 per ounce and support at $1,800 per ounce.
BUSINESS
Copper falls over 1% to Rs 608.50 per kg on strong dollar
In the futures market, copper for January delivery touched an intraday high of Rs 615 and a low of Rs 606.70 per kg on the MCX.
INDIA
Gold prices edge up on safe-haven buying; silver gains Rs 616 a kg
The gold/silver ratio currently stands at 75.40 to 1, which means the number of silver ounces required to buy one ounce of gold.
BUSINESS
Crude oil futures down nearly 1% at Rs 3,866 per barrel on weak demand
In the futures market, crude oil for January delivery touched an intraday high of Rs 3,918 and an intraday low of Rs 3,858 per barrel on MCX.
BUSINESS
Silver futures fall 1.33% to Rs 65,793 per kg on firm dollar and weak global cues
In the futures market, silver for March delivery touched an intraday high of Rs 66,266 and a low of Rs 65,300 per kg on the MCX.
BUSINESS
Cotton futures slip nearly 1% to Rs 21,060 per bale on higher stocks
In the futures market, cotton for January delivery touched an intraday high of Rs 21,250 and an intraday low of Rs 21,000 per bale on the MCX.
BUSINESS
Natural gas futures up 1.01% to Rs 199.60 per mmBtu on inventory drawdown
In the futures market, natural gas for January delivery touched an intraday high of Rs 200.20 and an intraday low of Rs 193 per mmBtu on the MCX.
BUSINESS
Copper futures trade steady at Rs 609.65 per kg on lower inventory, stimulus hopes
Copper is sustaining below the resistance of Rs 615-619 levels and the market is expected to continue the same pattern in the evening session.
BUSINESS
Gold price slips, hovers near Rs 49,000 per 10 gm on firm rupee
The broader trend on COMEX could be in the range of $1,805- 1,865 and on domestic front prices could hover in the range of Rs 48,400- 49,250, said Damani.
BUSINESS
Crude oil futures steady at Rs 3,863, Brent trades above $56 a barrel
In the futures market, crude oil for January delivery touched an intraday high of Rs 3,894 and an intraday low of Rs 3,837 per barrel on the MCX.
BUSINESS
Silver futures slump to Rs 65,078 per kg on lack of fresh triggers
MCX Silver March has reached a support zone of Rs 65,000-64,800 where a bounc-back can be expected up to Rs 65,900-66,500 levels.
BUSINESS
Interview | To curb illegal gold trade, reduce duty to 7% in Budget 2021: Malabar Gold & Diamonds chairman
The extent of the impact of gold smuggling can be gauged from a World Gold Council estimate which says illegal gold shipment fulfils around 17 percent of the country’s annual gold demand.
BUSINESS
Natural gas futures rise nearly 1% to Rs 202.20 per mmBtu ahead of inventory report
In the futures market, natural gas for January delivery touched an intraday high of Rs 203.70 and an intraday low of Rs 200.40 per mmBtu on MCX.
BUSINESS
Gold prices fall for third straight day to Rs 49,534/10 gm on firm dollar
The broader trend on COMEX could be in the range of $1,835-1,870 and on domestic front prices could hover in the range of Rs 49,125- 49,570, said Damani.
BUSINESS
Copper futures drop on lockdown concerns and firm dollar, further downside seen
In the futures market, copper for January delivery touched an intraday high of Rs 617 and a low of Rs 611.60 per kg on the MCX.
BUSINESS
Cotton futures dip 0.47% to Rs 20,960 per bale on low demand
In the futures market, cotton for January delivery touched an intraday high of Rs 21,130 and an intraday low of Rs 20,920 per bale on the MCX.
BUSINESS
Crude oil futures flat at Rs 3,799 a barrel on demand concerns
Crude oil prices are likely to trade sideways to up with support at $50 and resistance at $53, say experts.
BUSINESS
Silver futures rise 1.75% to Rs 65,357 per kg on increased demand
In the futures market, silver for March delivery touched an intraday high of Rs 65,520 and a low of Rs 63,603 per kg on the MCX.
