BUSINESS
Gold prices up 0.34% this week to Rs 50,244/10 gm; faces near term resistance at 51,200
Patel expects gold prices to trade in a current range with a bullish bias for the short term with COMEX spot gold having strong resistance near $1,920 per ounce and support at $1,860 per ounce.
BUSINESS
Gold prices rise for second straight day to Rs 50,298/10 gm, gain 0.32% in the week
Gold prices have kept range-bound trading during the week on lack of important economic data and mixed global cues.
BUSINESS
Nickel futures rise 0.53% to Rs 1,218.60 per kg in afternoon trade
In the futures market, nickel for January delivery touched an intraday high of Rs 1,223.00 and a low of Rs 1,212.20 per kg on the MCX.
BUSINESS
Crude oil futures jump 0.34% to Rs 3,536 per barrel in afternoon trade
In the futures market, crude oil for January delivery touched an intraday high of Rs 3,559 and an intraday low of Rs 3,528 per barrel on MCX.
BUSINESS
Gold prices surge over 20% for second year in a row to settle above Rs 50,000 per 10 gram
Gold prices have kept range bound trading during the week on lack of important economic data and mixed global cues.
BUSINESS
Cotton futures edge higher to Rs 20,790 per bale in evening trade
In the futures market, cotton for January delivery touched an intraday high of Rs 20,790 and an intraday low of Rs 20,680 per bale on the MCX.
BUSINESS
Crude oil futures up 0.4% to Rs 3,532; WTI may hit $52/bbl in 2021
The year 2021 will see normalisation of demand and supply. Demand recovery depends on how quickly the virus outbreak is controlled.
BUSINESS
Silver prices surge 45% on MCX in 2020; White metal may touch Rs 80,000 per kg in 2021, says Angel Broking
Silver is expected to benefit from improving industrial demand as governments invest in infrastructure spending to stimulate economic growth.
BUSINESS
Copper futures dip 0.89% to Rs 611.40 per kg, further upside seen in coming week
In the futures market, copper for December delivery touched an intraday high of Rs 611.40 and a low of Rs 599 per kg on the MCX.
BUSINESS
Natural gas futures tank 5.81% to Rs 186.30 per mmBtu; outlook mildly bullish
Subramaniam said that the US CPC expects improved weather conditions for the next 6-10 days which is expected to support prices in the week ahead.
BUSINESS
Crude oil futures slide 1.67% to Rs 3,551 per barrel this week, faces key resistance at Rs 3,680
Patel expects crude oil prices to trade sideways to down in coming week over mixed global cues and New Year holidays.
BUSINESS
Gold prices fell 0.46% this week to Rs 50,064/10 gm, bias remains bullish for short term
Patel expects gold prices to trade in a current range with a bullish bias for the short term with COMEX spot gold having strong resistance near $1,910 per ounce and support at $1,850 per ounce.
BUSINESS
Gold prices surge close to Rs 50,000 per 10 gram on weak dollar, silver climbs Rs 696 a kg
The gold/silver ratio, which refers to the amount of silver required to buy one ounce of gold, was at 75.21 to 1
BUSINESS
Cotton futures steady at Rs 20,370 per bale in afternoon session
In the futures market, cotton for December delivery touched an intraday high of Rs 20,430 and an intraday low of Rs 20,320 per bale on the MCX.
BUSINESS
Crude oil futures slip 0.6% to Rs 3,545 per barrel, support seen at Rs 3,520
In the futures market, crude oil for January delivery touched an intraday high of Rs 3,590 and an intraday low of Rs 3,528 per barrel on MCX.
BUSINESS
Silver futures trade steady at Rs 67,666 per kg on weak dollar
In the futures market, silver for March delivery touched an intraday high of Rs 67,900 and a low of Rs 67,375 per kg on the MCX.
BUSINESS
Natural gas futures drop over 2% on lower-than-expected decline in inventory
In the futures market, natural gas for December delivery touched an intraday high of Rs 192 and an intraday low of Rs 186.60 per mmBtu on MCX.
BUSINESS
Gold prices edge higher for fifth day to Rs 50,308 per 10 gm; silver jumps Rs 673 a kg
Silver prices climbed by Rs 673 to Rs 67,192 per kg from its closing on December 18.
BUSINESS
Zinc futures slip nearly 1% to Rs 220.70 per kg on firm dollar, new COVID strain worries
In the futures market, zinc for December delivery touched an intraday high of Rs 225.65 and a low of Rs 217.65 per kg on the MCX.
BUSINESS
New coronavirus strain: Crude oil futures tank nearly 5% to Rs 3,440 as fear of spread rises
In the futures market, crude oil for January delivery touched an intraday high of Rs 3,554 and an intraday low of Rs 3,436 per barrel on MCX.
BUSINESS
Silver futures jump nearly 3% to Rs 69,925 per kg on safe haven demand
In the futures market, silver for March delivery touched an intraday high of Rs 71,650 and a low of Rs 68,958 per kg on the MCX.
BUSINESS
Natural gas futures rise nearly 1% to Rs 199.70 per mmBtu on overseas cues
In the futures market, natural gas for December delivery touched an intraday high of Rs 200.10 and an intraday low of Rs 197.80 per mmBtu on MCX.
BUSINESS
Crude oil futures surge 5.23% to Rs 3,619 per barrel in the week, outlook bullish for next week
In the futures market, crude oil for January delivery touched an intraday high of Rs 3,639 and an intraday low of Rs 3,560 per barrel on MCX.
BUSINESS
Copper price scale fresh lifetime high of Rs 617.45 per kg, expert see further gains ahead
Rising hopes of the additional stimulus package in the USA is currently rising with higher Chinese buying to improve the base metals prices in the international markets.
